Common use of Management Entrustment Clause in Contracts

Management Entrustment. 1. Party B shall deliver the property to be managed as agreed herein and respect Party A’s management. 2. Party B shall offer support and cooperation in Party A’s ordinary management activities, provide Party A with any relevant documents and materials and conduct relevant coordinating works. 3. Party B shall inspect and review Party A’s management activities on an irregular basis and timely notify Party A of any problem identified for an appropriate solution and correction of such problem. 4. Party B shall pay a management fee as agreed upon by both parties.

Management Entrustment. 1. Party A shall manage the company within the scope of entrustment pursuant to laws and communicate timely with Party B shall deliver the property on any unspecified issues so as to be managed as agreed herein and respect Party A’s managementproperly deal with such issues. 2. Party B shall offer support and cooperation in A may carry out management activities on its own within the scope of entrustment free from Party AB’s ordinary management activities, provide Party A with any relevant documents and materials and conduct relevant coordinating worksinterference. 3. Party A shall keep Party B shall inspect up-to-date with the operation of the company by timely communicating the operation and review management results to Party A’s management activities on an irregular basis and timely notify Party A of any problem identified for an appropriate solution and correction of such problem.B. 4. Party B A shall pay be entitled to a management fee as agreed upon by both parties.