One of the most important documents in the talent industry is the agreement that governs the artist (talent) and personal manager relationship. This Personal Management Agreement ("Agreement") is entered into as of ("Effective Date") between ("Artist") and ("Manager").Artist Management Agreement. This agreement is made and entered into as of the 25th day of October, 2002. The document outlines a recording contract between an artist and a record label that specifies their respective rights and obligations over a 12 month period. Below are standard clauses found in a typical agreement, but it should serve simply as a guide to understanding artist management contracts. 1. Review the agreement sections thoroughly. Management Information and Payment System (MIPS). 2d, Contracts §71(3). Here, the Agency Agreement was the only contract between INNOVATIVE ARTISTS and TANTAROS.