The Master Framework Agreement serves as an overarching contract template designed for businesses operating in the Philippines that anticipate multiple future transactions or services. It establishes the foundational legal framework while allowing flexibility for specific orders or statements of work to be agreed upon subsequently. This document type is particularly relevant in the Philippine business context, where it must comply with local regulations including the Civil Code of the Philippines, Electronic Commerce Act, and Data Privacy Act. The agreement typically includes provisions for ordering processes, pricing mechanisms, service levels, compliance requirements, and dispute resolution procedures tailored to Philippine jurisdiction. It's especially useful for long-term business relationships where detailed terms of individual transactions may vary but core principles remain constant.
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1. Parties: Identification and details of the contracting parties, including their legal status and registered addresses
2. Background: Context of the agreement, business relationship, and general intentions of the parties
3. Definitions and Interpretation: Definitions of key terms and rules for interpreting the agreement
4. Framework Structure: Explains how the framework operates, including process for creating subsidiary agreements
5. Term and Termination: Duration of the agreement, renewal provisions, and circumstances for termination
6. Ordering Process: Procedures for placing and accepting orders under the framework
7. Pricing and Payment: General pricing principles, payment terms, and invoicing requirements
8. Performance Standards: Required service levels, quality standards, and performance metrics
9. Confidentiality: Protection and handling of confidential information
10. Intellectual Property Rights: Ownership and usage rights of intellectual property
11. Data Protection: Compliance with Philippine Data Privacy Act and data handling requirements
12. Liability and Indemnification: Allocation of risks, limitations of liability, and indemnification obligations
13. Force Majeure: Provisions for handling events beyond parties' reasonable control
14. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law
15. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Exclusivity: Terms of exclusive arrangement, if parties agree to work exclusively
2. Insurance: Insurance requirements when services or goods involve significant risks
3. Security Requirements: IT or physical security requirements for sensitive operations
4. Personnel Requirements: Specific requirements for staff qualifications or vetting when relevant
5. Compliance with Anti-Corruption Laws: Detailed anti-corruption provisions for high-risk sectors or government contracts
6. Environmental Compliance: Environmental requirements for environmentally sensitive operations
7. Import/Export Compliance: International trade compliance for cross-border transactions
8. Parent Company Guarantee: Guarantee provisions when financial security is required
1. Schedule 1 - Service Descriptions: Detailed descriptions of services or products covered under the framework
2. Schedule 2 - Pricing Schedule: Detailed pricing structures, rates, and pricing review mechanisms
3. Schedule 3 - Service Levels: Detailed service level agreements, KPIs, and measurement methods
4. Schedule 4 - Governance: Detailed governance structure, meeting schedules, and escalation procedures
5. Schedule 5 - Technical Requirements: Technical specifications and requirements
6. Schedule 6 - Form of Order: Template for individual orders under the framework
7. Schedule 7 - Change Control Procedure: Procedures for implementing changes to services or terms
8. Schedule 8 - Key Personnel: List of key personnel and their roles from both parties
9. Appendix A - Contact Details: Contact information for key personnel and authorized representatives
10. Appendix B - Required Insurance Coverage: Detailed insurance requirements and minimum coverage levels
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