Common use of Opening Services Clause in Contracts

Opening Services. Including but not limited to: Develop and manage pre-opening plans and budget; Develop and manage full pre-opening operations task list; Interview and hire initial Executive team members, specifically the General Manager, Sales and Marketing Director, and Executive Chef, to execute on a detailed and specific critical path task list plus intensive pre- opening sales, marketing and PR initiatives; Develop and manage operating plans, incl. staffing models, sales and marketing plan, PR, etc.; Engage and work with a PR Agency to formulate all collateral and advertising, and social media plans, etc.; Recruitment and training of all service associates and operating personnel; Develop and manage all pricing policies and strategies; Develop and manage all systems and procedures and all corresponding training programs; Develop, lead and manage all Sales, Marketing and PR strategies; Develop and lead all brand initiatives and guidelines; Develop and manage the identification and scope of all employee benefits programs; Manage all pre-employment screening; Ensure all required brand training compliance; Execute pre-opening sales and marketing efforts; Obtain all necessary operating licenses; Finalize any vendor agreements; Coordinate standards written and created into a detailed pre-opening effort, SOP’s, Policies and Procedures, Checklists and ongoing training materials; Train all associates; Set-up accounting systems and load data / budgets; Set-up all IT systems MATV/PBX/Guest HSIA/Sales system/Audio/INTERFACES; Complete data base build for PMS system; Complete content build for brand website; Obtain renderings for brand website prior to opening; Conduct all life safety training; Engage photography services for openingand postfor website photography; Work with Valor employees to create a task team to open the property on- time and with all systems fully operational; Conduct a ‘soft-opening’ and ‘dry run’ to ensure all systems and procedures operational and test associates; and Official opening ceremony and open for trading. Owner and Valor (“Operator”), will enter into a management agreement (the “Management Agreement”) for the Hotel based on Valor’s standard form pursuant to which Valor will operate the Hotel. The Management Agreement shall contain, among other things, the following terms: