Restaurant Management Contract
This Restaurant Management Contract ("Agreement") is made and entered into on this [Month, Day, Year] (the "Effective Date"), by and between [Your Company Name], residing at [Your Company Address] ("Owner"), and [Management Company Name], having its principal place of business at [Management Company's Address] ("Manager"). Owner and Manager may each be referred to herein as a "Party" and collectively as the "Parties".
I. Recitals
WHEREAS, the Owner desires to retain the Manager to provide comprehensive management services for the restaurant known as [Your Company Name] (the "Restaurant"), located at [Restaurant's Address]; and
WHEREAS, the Manager has the experience and expertise in managing restaurants and is willing to provide such services to the Owner.
NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained, the Parties hereto agree as follows:
II. Appointment and Scope of Services
A. Appointment
Owner hereby appoints Manager as the exclusive manager of the Restaurant for the term of this Agreement, and the Manager hereby accepts such appointment, all upon the terms and conditions set forth herein.
B. Scope of Services
The Manager shall be responsible for the day-to-day operations of the Restaurant, which shall include, but not be limited to:
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Hiring, training, and supervising all restaurant staff;
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Overseeing food and beverage service and ensuring compliance with all health and safety regulations;
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Managing inventory and procurement of supplies;
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Maintaining financial records and preparing periodic financial reports;
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Marketing and promotional activities to increase restaurant patronage;
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Handling customer service and feedback;
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Ensuring compliance with all relevant laws and regulations;
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Implementing Owner-approved policies and procedures;
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Other duties as may be required for the effective management of the Restaurant.
III. Financial Terms
A. Management Fee
Owner shall pay Manager a monthly management fee of [$0] (the "Management Fee") for the services provided under this Agreement. The Management Fee shall be payable on the [Payment Date] of each month.
B. Reimbursement of Expenses
Manager shall be entitled to reimbursement for all reasonable and necessary expenses incurred in the performance of its duties under this Agreement. Manager shall submit detailed receipts or other evidence of each expense to the Owner for approval before reimbursement.
IV. Term and Termination
A. Term
This Agreement shall commence on the Effective Date and shall continue for a term of [0 Years] years (the "Initial Term"), unless terminated earlier in accordance with the provisions of this Agreement. Upon expiry of the Initial Term, this Agreement may be renewed by mutual written consent of the Parties.
B. Termination
This Agreement may be terminated by either Party upon the occurrence of any of the following events:
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Mutual agreement of the Parties;
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Either Party providing [0 Days] days written notice of termination to the other Party, without cause;
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Upon material breach of this Agreement by either Party, provided that the breaching Party fails to cure such breach within [0 Days] days after receiving written notice of the breach;
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Insolvency, bankruptcy, or any other similar event affecting either Party.
V. Confidentiality
Manager agrees to keep confidential any and all information regarding the business and operations of the Restaurant, including but not limited to financial data, customer lists, recipes, and business strategies ("Confidential Information"), and shall not disclose such Confidential Information to any third party without the prior written consent of the Owner. This obligation shall survive the termination of this Agreement.
VI. Indemnification
Each Party agrees to indemnify, defend, and hold harmless the other Party from and against any and all claims, liabilities, losses, damages, and expenses (including reasonable attorneys' fees) arising out of or in connection with the indemnifying Party's performance or failure to perform its obligations under this Agreement.
VII. Governing Law
This Agreement shall be construed in accordance with, and governed by, the laws of the [State], without regard to its conflict of laws principles.
VIII. Miscellaneous
A. Entire Agreement
This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral, relating to such subject matter.
B. Amendments
This Agreement may only be amended or modified by a written instrument signed by both Parties.
C. Severability
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
D. Waiver
The waiver by either Party of any breach of this Agreement shall not operate or be construed as a waiver of any subsequent breach.
E. Notices
All notices required or permitted to be given under this Agreement shall be in writing and shall be deemed to have been duly given if delivered personally or mailed (postage prepaid) to the respective addresses of the Parties as set forth herein or to such other address as a Party may provide in writing.
IX. Signatures
IN WITNESS WHEREOF, the Parties hereto have executed this Restaurant Management Contract as of the day and year first above written.
[Your Name]
Owner
[Complete Name]
Manager
