Intercompany Cost Sharing Agreement Template for Philippines

1. Intellectual Property Rights: Required when the cost sharing involves development of IP or use of existing IP

2. Tax Compliance: Specific section addressing transfer pricing compliance when agreement involves international parties

3. Entry and Exit Provisions: Required when agreement needs to accommodate potential new participants or exit of existing ones

4. Confidentiality: Detailed confidentiality provisions when sensitive information is shared

5. Force Majeure: Required when parties want specific provisions for handling unforeseen circumstances

6. Limitation of Liability: Optional provisions limiting parties' liability in specific circumstances

7. Insurance Requirements: Required when shared activities involve significant operational risks

1. Schedule A - Participating Parties: List of all participating entities with their details and participation percentages

2. Schedule B - Eligible Costs: Detailed listing of costs that qualify for sharing under the agreement

3. Schedule C - Allocation Keys: Detailed methodology and formulas for cost allocation, including examples

4. Schedule D - Service Level Requirements: If applicable, specific service levels or performance metrics related to shared services

5. Schedule E - Billing and Reporting Templates: Standardized formats for cost reporting and billing

6. Appendix 1 - Transfer Pricing Documentation: Required documentation to support arm's length nature of arrangements

7. Appendix 2 - Governance Procedures: Detailed procedures for oversight and management of the cost sharing arrangement