Exclusive Cooperation Agreement Template for Philippines

The Exclusive Cooperation Agreement is a strategic legal instrument used when parties wish to establish an exclusive business relationship in the Philippines. This document is particularly relevant when companies seek to form partnerships where one or both parties commit to working exclusively with each other, whether in specific territories, product lines, or service areas. The agreement must comply with Philippine law, particularly the Civil Code and Competition Act, and typically includes detailed provisions on exclusivity scope, territorial restrictions, performance obligations, and protection of both parties' interests. It's commonly used in distribution arrangements, technology partnerships, manufacturing agreements, and other strategic business relationships where exclusivity provides competitive advantage or business certainty.

1. Parties: Identifies the contracting parties with their complete legal names, addresses, and registration details

2. Background: Sets out the context of the agreement and parties' intentions

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules

4. Scope of Cooperation: Details the specific areas and nature of cooperation between the parties

5. Exclusivity Provisions: Specifies the exact terms of exclusivity, including geographical scope and prohibited activities

6. Rights and Obligations: Lists specific responsibilities and rights of each party under the agreement

7. Term and Termination: Specifies duration of the agreement and circumstances for termination

8. Confidentiality: Provisions for handling confidential information exchanged during cooperation

9. Intellectual Property Rights: Addresses ownership and usage rights of existing and newly created IP

10. Representations and Warranties: Standard warranties and representations made by each party

11. Limitation of Liability: Defines the extent and limitations of parties' liabilities

12. Force Majeure: Provisions for handling events beyond parties' reasonable control

13. Governing Law and Jurisdiction: Specifies Philippine law as governing law and sets jurisdiction for disputes

14. General Provisions: Standard boilerplate clauses including notices, entire agreement, and amendments