management contract is by definition an act of free will of both parties. Document for the professional synthesis of the power of money, the power of knowledge and the power of partnership . This document must at the same time very precisely define the "rules of the game" between the protagonists involved and provide an overall ending for each possible outcome of the business cooperation and even the possibility of termination of the contract . The purpose of a managerial contract is not only to determine the salary, awards and penalties, but primarily to balance the interests of all involved in the fate of the business venture in such a way that the status, rights, obligations and personal responsibility of the manager are consistent with his professional authority in running the organization of the entire business. In this part of the role, the manager is not only the technical partner of the emp loyer in charge of implementing the business policy.