Broker Non Circumvention Agreement Template for Philippines

1. Parties: Identifies and provides full details of all parties to the agreement, including their legal status and principal places of business

2. Background: Sets out the context of the agreement, including the broker's role and the nature of the business relationship

3. Definitions: Defines key terms used throughout the agreement, including 'Confidential Information', 'Circumvention', 'Transaction', and 'Commission'

4. Scope of Agreement: Defines the specific business activities, territories, and transactions covered by the agreement

5. Non-Circumvention Obligations: Details the specific obligations to not bypass or exclude the broker from relevant transactions

6. Confidentiality Obligations: Specifies the duties regarding confidential information protection and permitted uses

7. Commission Structure: Outlines the broker's compensation terms and payment conditions

8. Term and Termination: Specifies the duration of the agreement and conditions for termination

9. Representations and Warranties: States the parties' assertions about their capacity and authority to enter into the agreement

10. Governing Law and Jurisdiction: Specifies Philippine law as governing law and defines jurisdiction for dispute resolution

11. General Provisions: Contains standard boilerplate clauses including notices, amendments, and severability

1. Schedule A - Covered Transactions: Lists specific transactions, business opportunities, or deals covered by the agreement

2. Schedule B - Commission Rates: Detailed breakdown of commission structures for different types of transactions

3. Schedule C - Authorized Representatives: Lists individuals authorized to act on behalf of each party

4. Schedule D - Territories: Defines geographical areas covered by the agreement

5. Appendix 1 - Confidentiality Terms: Detailed provisions regarding handling of confidential information

6. Appendix 2 - Reporting Requirements: Specifies format and frequency of transaction reporting