Asset Distribution Agreement Template for Philippines

1. Third Party Consents: Required when asset transfers need approval from external parties or regulatory bodies

2. Foreign Ownership Provisions: Necessary when any party is a foreign entity, addressing compliance with Philippine foreign ownership restrictions

3. Family Law Compliance: Required when assets involve family or conjugal property

4. Intellectual Property Rights: Needed when distribution includes IP assets

5. Environmental Compliance: Required when real estate or industrial assets with environmental implications are involved

6. Employee Matters: Necessary when business assets being distributed involve employee transfers or obligations

7. Transitional Services: Required when ongoing support or services are needed post-distribution

8. Security Provisions: Needed when assets require special security arrangements or gradual transfer

1. Schedule A - Asset Inventory: Detailed listing of all assets being distributed with descriptions and identifying information

2. Schedule B - Valuation Report: Professional valuation reports or agreed values for major assets

3. Schedule C - Transfer Documents: Forms, deeds, and other documents required for legal transfer of assets

4. Schedule D - Tax Certificates: Relevant tax clearances and certificates

5. Schedule E - Regulatory Approvals: Copies of required governmental or regulatory approvals

6. Appendix 1 - Property Documents: Title documents, registration certificates for real property assets

7. Appendix 2 - Corporate Documents: Company registration, board resolutions, and other corporate authorizations

8. Appendix 3 - Encumbrance Certificates: Documentation showing assets are free from liens or encumbrances