Commercial Broker Agreement Template for Philippines

1. Non-Compete and Non-Solicitation: Restrictions on broker's competitive activities, used when protecting market territory is crucial

2. Intellectual Property Rights: Includes when the broker will be using or creating intellectual property in the course of services

3. Insurance Requirements: Detailed insurance obligations, particularly relevant for high-value transactions

4. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term arrangements

5. Data Protection: Additional privacy and data handling requirements, necessary when dealing with personal data

6. Training and Support: Include when the principal will provide specific training or support to the broker

7. Marketing and Branding: Guidelines for using principal's branding, needed when broker represents the principal publicly

8. Dispute Resolution: Alternative dispute resolution procedures, recommended for high-value or international arrangements

1. Schedule A - Commission Structure: Detailed breakdown of commission rates, tiers, and calculation methods

2. Schedule B - Territory Definition: Specific geographical areas or market segments covered by the agreement

3. Schedule C - Approved Products/Services: List of products or services the broker is authorized to promote/sell

4. Schedule D - Reporting Requirements: Templates and procedures for regular reporting

5. Schedule E - Service Level Requirements: Specific performance metrics and standards

6. Appendix 1 - Broker's Licenses and Certifications: Copies of relevant licenses and professional certifications

7. Appendix 2 - Required Forms and Documentation: Standard forms and documents used in the brokerage process