In-House Asset Manager (INHAM) Contract

An In-House Asset Manager (INHAM) Contract is a legal template that outlines the terms and conditions of hiring an asset manager to manage a company's assets internally. This contract is designed for companies that choose to establish an in-house asset management department rather than outsourcing the task to an external asset management firm.

The INHAM contract provides a comprehensive framework for the agreement between the company and the asset manager. It typically includes details such as the scope of responsibilities, objectives, performance benchmarks, and reporting requirements. The contract also clarifies the compensation structure, including the base salary, potential bonuses or incentives, and any other benefits or allowances provided to the INHAM.

Additionally, the contract establishes the confidentiality and non-disclosure obligations of the in-house asset manager, ensuring that sensitive information and trade secrets are protected. It may also outline any limitations on the asset manager's authority, specifying the types of assets they can manage and any internal approvals required for certain investment decisions.

Furthermore, the INHAM contract defines the termination and notice provisions, allowing both parties to understand their rights and obligations in case of termination or non-renewal of the contract. It may also include provisions for dispute resolution, governing law, and jurisdiction to ensure a fair resolution in case of any disagreements or conflicts.

This legal template is intended to provide a clear and mutually beneficial agreement between the company and the asset manager, ensuring that the internal asset management function runs smoothly and aligns with the company's strategic objectives. It serves as a vital tool to protect the interests of both parties and establish a professional and accountable relationship.