In this agreement, the manager is agreeing to use reasonable efforts to procure employment and to negotiate contracts for an artist and also advise and counsel artist in the development and advancement of artist's professional career.
This agreement also contains a power of attorney which is an instrument containing an authorization for one to act as the agent of the principal that terminates at some point in the future either by its terms or by operation of law such as death of the principal or agent. They are also called letters of attorney. The person appointed is usually called an Attorney-in-Fact. A power of attorney which doesn't provide for a successor attorney-in-fact to be appointed will terminate at the death of the attorney-in-fact. The person making the power of attorney appointment is called the principal. A power of attorney can be either general, durable or limited. Some states have adopted a statutory power of attorney. Power of attorney requirements vary by state, but typically are signed by the principal and need to be witnessed and notarized.
A Contract for Employment of Exclusive Personnel Manager with Power of Attorney is a legally binding agreement between an employer and a personnel manager. It provides the manager with the authority to act on behalf of the employer in the management of their affairs. The contract outlines the terms and conditions of the employment and the rights and responsibilities of both parties. The contract usually includes provisions concerning the duration of employment, the duties of the personnel manager, the compensation to be paid, the scope of the manager's powers, the confidentiality of information, and any other terms and conditions that may be agreed upon by both parties. It also sets out the grounds upon which the employment may be terminated. There are two main types of Contract for Employment of Exclusive Personnel Manager with Power of Attorney: a limited power of attorney and an irrevocable power of attorney. A limited power of attorney grants limited powers to the personnel manager, while an irrevocable power of attorney grants the manager full power to act on behalf of the employer. The contract should be signed by both parties and witnessed by a third party. It should be kept in a secure location and should be reviewed at least annually to ensure that the terms and conditions still reflect the employer's needs.
