Joint Venture Commission Agreement Template for Philippines

1. Intellectual Property Rights: Provisions for IP ownership and licensing when the joint venture involves creation or use of intellectual property

2. Foreign Investment Compliance: Additional provisions required when one party is a foreign entity

3. Marketing and Branding: Guidelines for marketing activities and brand usage when the joint venture involves significant marketing components

4. Personnel and Employment: Terms regarding employment and staffing when the joint venture involves shared employees

5. Insurance Requirements: Specific insurance obligations when the business activities require particular coverage

6. Environmental Compliance: Environmental protection provisions for joint ventures in industries with environmental impact

7. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in high-risk industries or locations

1. Schedule A - Commission Rates: Detailed breakdown of commission rates for different products, services, or scenarios

2. Schedule B - Business Plan: Detailed business plan including projections and operational strategies

3. Schedule C - Capital Contributions: Itemized list of initial and planned capital contributions from each party

4. Schedule D - Key Performance Indicators: Specific metrics and targets for measuring performance

5. Schedule E - Territory Definition: Geographical or market boundaries of the joint venture

6. Appendix 1 - Required Licenses and Permits: List of necessary governmental approvals and licenses

7. Appendix 2 - Management Structure: Detailed organizational chart and management procedures

8. Appendix 3 - Reporting Templates: Standard forms for financial and operational reporting