Joint Operating Agreement Template for Philippines

1. Environmental Compliance: Specific environmental obligations and compliance procedures, required for operations with environmental impact

2. Local Community Relations: Procedures for managing relationships with local communities, important for operations affecting local populations

3. Insurance: Specific insurance requirements beyond standard coverage

4. Intellectual Property: IP rights and obligations, needed when joint operations involve technology development or licensing

5. Government Approvals: Specific section on government permits and approvals, important for heavily regulated industries

6. Security: Security measures and protocols, important for high-risk operations or locations

7. Decommissioning: Procedures for end-of-life operations, important for infrastructure or resource extraction projects

1. Schedule A - Participating Interests: Detailed breakdown of ownership interests and contributions

2. Schedule B - Operating Area: Detailed description and maps of the operation area

3. Schedule C - Accounting Procedure: Detailed accounting procedures and principles

4. Schedule D - Operating Committee Procedures: Detailed procedures for Operating Committee meetings and decisions

5. Schedule E - Insurance Requirements: Specific insurance requirements and minimum coverage levels

6. Schedule F - Technical Standards: Technical and operational standards to be followed

7. Appendix 1 - Initial Work Program and Budget: First year's work program and budget

8. Appendix 2 - Form of Bank Guarantee: Template for required bank guarantees

9. Appendix 3 - HSE Standards: Health, Safety and Environmental standards and procedures