As a stakeholder, I want to ensure that the Manager adheres to their obligations under the management contract so that the standards and expectations of management are clearly defined and met.
Acceptance Criteria
[ ] Manager provides full and proper records for each calendar month within 15 days after the month’s end.
[ ] Manager conducts business with third parties in the name of the Company when authorized.
[ ] Manager dedicates their time and attention to the Company’s affairs as may be necessary.
[ ] Manager immediately communicates any offers or proposals for the Company to the Company.
[ ] Manager maintains confidentiality of all Company information during and after the term of the agreement.
[ ] Manager ensures compliance with all laws and regulations concerning the Company's affairs.
sequenceDiagram
actor Stakeholder
participant Manager as Manager
participant Company as Company
Stakeholder->>Manager: Ensure monthly reports are prepared
Manager-->>Company: Monthly reports provided within 15 days
Stakeholder->>Manager: Provide authorization for third-party dealings
Manager->>Company: Engage with third parties as authorized
Stakeholder->>Manager: Monitor time and attention dedicated to Company
Manager-->>Company: Reports on activities and time allocation
Manager->>Company: Relay offers and proposals immediately
Manager-xCompany: Maintain confidentiality
Manager->>Company: Ensure compliance with laws and regulations
Obligations of the Manager
As a stakeholder, I want to ensure that the Manager adheres to their obligations under the management contract so that the standards and expectations of management are clearly defined and met.
Acceptance Criteria