Talent Management Agreement Template

This talent management agreement template has 6 pages and is a MS Word file type listed under our sales & marketing documents.

Sample of our talent management agreement template:

TALENT MANAGEMENT AGREEMENT This Talent Management Agreement (the "Agreement") is made and effective this [DATE], BETWEEN: [AGENCY NAME] (the "Manager"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], [COUNTRY], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [TALENT NAME] (the "Talent"), an individual/company with their main address located at: [COMPLETE ADDRESS] WHEREAS, the Manager agrees to provide talent management services to the Talent under the terms and conditions set forth herein; WHEREAS, the Talent desires to engage the Manager for the provision of these services; IT IS HEREBY AGREED THAT: SERVICES PROVIDED 1.1 The Manager agrees to provide the following talent management services to the Talent: a. Representation in negotiations and agreements with third parties. b. Career guidance and planning. c. Promotion and marketing of the Talent's career. d. Scheduling and coordination of engagements and appearances. e. Advising on professional opportunities and projects. 1.2 The Manager will ensure that all services are performed by qualified and experienced personnel. 1.3 The Manager will provide regular updates to the Talent regarding the status of their career and opportunities. TERM 2.1 The term of this Agreement shall commence on [START DATE] and continue until [END DATE], unless terminated earlier in accordance with this Agreement. 2.2 Either Party may terminate this Agreement by providing [NUMBER OF DAYS] days' written notice to the other Party. In the event of a breach of any terms of this Agreement, the non-breaching Party may terminate this Agreement immediately upon written notice. 2.3 Upon termination, the Manager will ensure a smooth transition and handover of any ongoing tasks to the Talent or a new manager, if applicable. COMPENSATION 3.1 The Talent agrees to pay the Manager a fee of [PERCENTAGE]% of the Talent's gross earnings derived from activities managed by the Manager, payable as follows: [PAYMENT TERMS]. 3.2 The Manager will submit statements to the Talent on a [MONTHLY/QUARTERLY] basis, and payment will be made within [NUMBER OF DAYS] days of receipt of the statement. 3.3 Any additional expenses incurred by the Manager in the performance of its duties must be pre-approved by the Talent and will be reimbursed upon submission of appropriate documentation. 3.4 Late payments will incur a late fee of [LATE FEE AMOUNT] or [PERCENTAGE]% per month until paid in full. CONFIDENTIALITY 4.1 The Manager agrees to maintain the confidentiality of all proprietary and confidential information of the Talent, both during and after the term of this Agreement. 4.2 The Manager will not disclose any confidential information to third parties without prior written consent from the Talent. 4.3 The obligations of confidentiality will survive the termination of this Agreement. 4.4 The Talent agrees to maintain the confidentiality of any proprietary information or trade secrets of the Manager that may be disclosed during the term of this Agreement. EXCLUSIVITY 5.1 The Talent agrees that the Manager shall have the exclusive right to represent the Talent in all professional engagements and negotiations during the term of this Agreement. 5.2 The Talent shall not engage any other manager or agent without the prior written consent of the Manager. COMPLIANCE WITH LAWS 6.1 The Manager agrees to comply with all applicable laws and regulations in the performance of its duties under this Agreement. 6.2 The Manager will obtain and maintain all necessary licenses and permits required for the provision of talent management services. REPORTING 7.1 The Manager will provide the Talent with detailed reports on a [MONTHLY/QUARTERLY] basis, including but not limited to: a. A summary of all engagements and negotiations conducted during the reporting period. b. A statement of earnings and expenses for the reporting period. c. Any other information requested by the Talent. 7.2 The Manager will promptly report any significant developments or opportunities to the Talent. INDEMNIFICATION 8.1 The Manager agrees to indemnify and hold harmless the Talent from any claims, damages, liabilities, and expenses (including reasonable attorneys' fees) arising out of or in connection with the Manager's performance under this Agreement. 8.2 The Talent agrees to indemnify and hold harmless the Manager from any claims, damages, liabilities, and expenses (including reasonable attorneys' fees) arising out of or in connection with the Talent's breach of this Agreement. INSURANCE 9.1 The Manager will maintain comprehensive general liability insurance and any other insurance required by law. 9