The Liaison Agent Agreement is a crucial document for businesses operating or seeking to establish a presence in the Philippines through a local representative. This agreement type is particularly important for foreign companies that need on-ground representation without establishing a full subsidiary or branch office. The document comprehensively covers the appointment of a liaison agent, their scope of authority, duties, compensation, and compliance requirements under Philippine law. It's designed to protect both parties' interests while ensuring compliance with local regulations, including the Anti-Dummy Law and relevant industry-specific requirements. The agreement is commonly used when companies need assistance with business development, government relations, market research, or general business representation in the Philippine market.

1. Parties: Identifies the principal and the liaison agent, including their complete legal names, addresses, and registration details

2. Background: Sets out the context of the agreement, including the principal's business, need for a liaison agent, and agent's qualifications

3. Definitions: Defines key terms used throughout the agreement for clarity and precision

4. Appointment and Scope: Establishes the agent's appointment, territory, and detailed scope of liaison services

5. Rights and Authority: Specifies what the agent can and cannot do on behalf of the principal

6. Duties and Responsibilities: Details the specific obligations of the liaison agent, including reporting requirements and performance standards

7. Principal's Obligations: Outlines the principal's responsibilities and support to be provided to the agent

8. Compensation: Details the fee structure, commission rates, payment terms, and expense reimbursement policies

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

10. Confidentiality: Protects confidential information and trade secrets

11. Non-Competition and Non-Solicitation: Restricts the agent from competing activities during and after the agreement

12. Compliance with Laws: Requires adherence to Philippine laws, including Anti-Dummy Law and relevant regulations

13. Indemnification: Sets out mutual indemnification obligations

14. General Provisions: Includes standard clauses like notices, amendments, governing law, and dispute resolution