MANAGEMENT AGREEMENT
Term
5-year initial term with 2, 5-year extensions
Owners Approval Rights
General Manager | Director of Sales | Annual Operating Budget | Annual Capital Plan
Management Fee
3% Base Fee with IMF to be determined
Additional Cost Summary Operational efficiencies, benefits cost reduction and increased incremental revenue Support Accounting, Revenue Management, Performance Management Additional Opportunities Project management
Made with FlippingBook. PDF to flipbook with ease