What are the legal requirements for a management agreement?

Management agreements are legally binding contracts between a management team and an entertainer. In Washington, the agreement must be in writing, signed by the parties involved, and contain certain details. The management team must be named in the agreement and the services they will provide must be outlined. This could include representing the entertainer at meetings, making appearances, overseeing public relations and marketing, scheduling, and providing advice on career decisions. The agreement must also specify the term of the agreement, which is the period of time for which the agreement is valid, and the compensation the management team will receive, which could be a fixed fee or a percentage of the entertainer’s income. The agreement should also contain a dispute resolution clause, which states how disagreements between the parties will be handled. This could involve seeking arbitration or mediation. The agreement should also include clauses that protect the entertainer in the event that the manager does not fulfill the duties listed in the agreement. This could include a clause that allows the entertainer to sever the agreement if the manager is not meeting the terms of the agreement. In Washington, a management agreement must also include the date of the agreement and the signatures of the parties involved. It must also be properly notarized. Without a notarized agreement, the contract will not be enforceable.

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What are the legal requirements for a management agreement?

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