Addendum Assignment Contract Template for Philippines

1. Novation: Include when the assignment creates a complete substitution of parties rather than just an assignment of rights

2. Retained Rights and Obligations: Include when the assignor retains certain rights or obligations under the original agreement

3. Security Provisions: Include when the assignment requires specific security arrangements or guarantees

4. Regulatory Compliance: Include when the assignment requires specific regulatory approvals or notifications

5. Intellectual Property: Include when the assignment involves transfer of IP rights

6. Confidentiality: Include when additional confidentiality provisions are needed beyond those in the original agreement

7. Tax Provisions: Include when there are specific tax implications or arrangements related to the assignment

1. Schedule 1 - Original Agreement: Copy or summary of the original agreement being modified

2. Schedule 2 - Assigned Rights and Obligations: Detailed list of specific rights, obligations, or interests being assigned

3. Schedule 3 - Assignment Consideration: Detailed breakdown of payment terms or other consideration

4. Schedule 4 - Required Consents: List of all required consents and their status

5. Appendix A - Corporate Authorizations: Copies of relevant corporate authorizations for the assignment

6. Appendix B - Regulatory Approvals: Copies of any required regulatory approvals or notifications