Other Management Clause Samples
The "Other Management" clause defines the responsibilities and procedures for handling aspects of a contract or project that are not specifically covered by other management-related provisions. This may include oversight of third-party vendors, coordination between multiple stakeholders, or the management of ancillary services that support the main objectives of the agreement. By addressing these additional management areas, the clause ensures that all operational elements are properly supervised and that there are clear protocols for handling unforeseen or supplementary management needs, thereby reducing ambiguity and promoting effective administration.
Other Management. At all times during the Term, Franchisee must appoint and employ at least one Restaurant Manager who shall be responsible for the direct, personal day-to-day supervision of the Franchised Restaurant and otherwise comply with the Burger King Expansion Guideline.
Other Management. The premiums of all insurances necessary for the property management of the project, including but not limited to all-risk insurance, machinery breakdown insurance and public liability insurance, shall all be disbursed from the costs and expenses of property management operation. Above insurances need not be bought repeatedly if they have been bought by Party A.
Other Management. Stockholders Exhibit A --.......Form of Joinder Agreement to Stockholders Agreement STOCKHOLDERS AGREEMENT This STOCKHOLDERS AGREEMENT (this "Agreement") is dated as of October 23, 1998 among (i) MLC HOLDINGS, INC., a Delaware corporation (the "Company"), (ii) TC Leasing, LLC, a Delaware limited liability company ("▇▇▇▇▇▇"), (iii) ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ("▇▇▇▇▇▇"), ▇▇▇▇▇ ▇. ▇▇▇▇▇ and the other Persons listed on Schedule I hereto (collectively, the "Management Stockholders") and (iv) each Person who hereafter executes a counterpart of this Agreement (or otherwise agrees to be bound by the provisions hereof). ▇▇▇▇▇▇, the Management Stockholders and the other Persons that are or may become parties to this Agreement are sometimes referred to herein collectively as the "Stockholders"). The parties hereby agree as follows:
Other Management to handling all approval and construction application procedures during all stages of the Project – to arrange required staff to coordinate and organise contractors to perform warranty obligations during construction warranty period – be responsible for the collection, organisation and filing of documents relating to the Project to facilitate the inspection and retrieval by the Project Company – be responsible for other relevant management works during the construction period of the Project The Service Fee shall be determined and accrued and payable to Zhongshan Vanke as follows:
(i) an amount calculated at the rate of 4% of the Sales Revenue, and from the month when the sales of the Project commence, this portion of the Service Fee in respect of each quarter is to be settled and paid to Zhongshan Vanke by the Project Company within 15 days after the end of that quarter; plus
(ii) in relation to the self-owned portion of the properties of the Project, an amount calculated at the rate of 3% of the construction and installation cost of such self-owned properties, and this portion of the Service Fee is to be settled and paid to Zhongshan Vanke by the Project Company upon completion of the construction of the self-owned properties; plus
(iii) in relation to the portion of the properties of the Project to be repurchased by the government, an amount calculated at the rate of 2% of the total repurchase price of such repurchased properties, and this portion of the Service Fee is to be settled and paid to Zhongshan Vanke by the Project Company within 5 days from the date on which the Project Company receives the corresponding repurchase price from the government.
Other Management. Except in respect of the appointment of the CFO and the CTO, and the nomination of their equivalent functional leads at each JV Entity in accordance with Section 12.1 or as otherwise required pursuant to Section 11.6, all senior management and officers of the JV Company (including, for the avoidance of doubt, the chief executive officer), including their positions, designations and appointment methods, shall be determined by the Board of Directors acting by a simple majority.
Other Management. The Company shall have a Managing Director and such other officers and management personnel as the Board of Managers may elect or appoint from time to time. Such officers and management personnel may be removed with or without cause by the Board of Managers. Any officer may resign by giving written notice of his resignation to the Board of Managers and such resignation shall become effective upon delivery of such notice unless a later time is specified therein. No officer need be a Member and two or more offices may be held by any one person. Each officer shall have such powers and duties as determined by the Board of Managers; provided, that until the Board of Managers shall determine otherwise, the Managing Director shall have responsibility for the day-to-day operation of the Company, subject to the rights reserved to the Board of Managers in Section 7.1 and to the Members in Section 4.3. The initial Managing Director of the Company shall be ▇▇▇ ▇. ▇▇▇▇▇.