Common use of Management Entrustment Clause in Contracts

Management Entrustment. 1. Party A shall manage the company within the scope of entrustment pursuant to laws and communicate timely with Party B on any unspecified issues so as to properly deal with such issues. 2. Party A may carry out management activities on its own within the scope of entrustment free from Party B’s interference. 3. Party A shall keep Party B up-to-date with the operation of the company by timely communicating the operation and management results to Party B. 4. Party A shall be entitled to a management fee as agreed upon by both parties.

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