Entering into a written management agreement will make it clear the services a professional artist manager will or will not provide to an artist. In addition to this cut, your manager will also receive compensation for expenses.Below are standard clauses found in a typical agreement, but it should serve simply as a guide to understanding artist management contracts. An artist manageent agreement is the contract between the artist and the person or company they choose to manage their career. 1. Review the agreement sections thoroughly. A personal management agreement is a legal document that lays out the terms of an artist's or entertainer's professional relationship with their manager.