This Management Services Agreement is between a corporation and a subsidiary in which the parent corporation agrees to provide management services to the subsidiary for a service fee. This agreement sets out the details of this arrangement including the specific services to be provided (financial, planning, public affairs) and the formula on which the service fee is based. This type of business transaction should not be left to oral interpretation. A written Management Services Agreement will be valuable in the event there are disagreements or misunderstandings regarding the arrangement.

This Management Services Agreement includes the following provisions:

• Parties: The names and addresses of the parent corporation and the subsidiary entering into the agreement;
• Services: Detailed list of services to be provided by parent corporation are set out in Schedule A to this agreement;
• Compensation: Sets out how the service fee is based (i.e., percentage of gross revenues) and the date compensation is paid to parent corporation;
• Terms and Termination: Sets out the effective date of the agreement and how agreement may be terminated by either party;
• Amendments: Sets out that the parties will periodically meet and amend this agreement if deemed necessary;
• Signatures: Both parties must sign the agreement.

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This attorney-prepared packet contains:

1. General Instructions
2. Management Services Agreement

State Law Compliance: This form complies with the laws of all states