Joint Venture Operating Agreement Template for Philippines

1. Intellectual Property Rights: Provisions for IP ownership and licensing when the JV involves significant IP assets

2. Non-Competition: Restrictions on competitive activities, used when parties operate in similar markets

3. Employment Matters: Specific provisions for employee transfers or hiring when the JV involves significant personnel aspects

4. Environmental Compliance: Additional provisions for environmental obligations in industries with significant environmental impact

5. Technology Transfer: Specific provisions for technology transfer arrangements between parties

6. Foreign Investment Compliance: Additional provisions when foreign investment regulations apply

7. Marketing and Branding: Specific provisions for use of parties' brands and marketing strategies

8. Force Majeure: Provisions for handling unforeseen circumstances, particularly relevant in high-risk industries

1. Schedule 1 - Capital Contributions: Detailed breakdown of each party's capital contributions

2. Schedule 2 - Business Plan: Initial business plan and strategic objectives

3. Schedule 3 - Board Procedures: Detailed procedures for board meetings and decision-making

4. Schedule 4 - Reserved Matters: List of decisions requiring special approval

5. Schedule 5 - Initial Officers: List of initial directors and key management positions

6. Schedule 6 - Asset Register: Detailed list of assets contributed to the joint venture

7. Schedule 7 - Service Level Agreements: Details of services to be provided by either party to the joint venture

8. Appendix A - Form of Shareholder Resolution: Template for shareholder resolutions

9. Appendix B - Articles of Incorporation: Draft or final Articles of Incorporation for the JV entity

10. Appendix C - Compliance Requirements: List of regulatory and compliance requirements specific to the industry