Memorandum Of Agreement Between Buyer And Seller Template for Philippines

1. Intellectual Property Rights: Required when the sale involves items with associated intellectual property rights

2. Confidentiality: Included when sensitive information will be exchanged during the transaction

3. Insurance: Needed when specific insurance requirements apply to the goods during transit or storage

4. Quality Inspection: Important for goods requiring quality checks or acceptance testing

5. Return Policy: Relevant for agreements where return rights are granted to the Buyer

6. Force Majeure: Addresses unforeseeable circumstances that may prevent performance

7. Anti-Money Laundering Compliance: Required for high-value transactions or when mandated by regulations

8. Data Protection: Needed when personal data processing is involved in the transaction

1. Schedule A - Product Specifications: Detailed technical specifications or descriptions of the goods being sold

2. Schedule B - Payment Schedule: Breakdown of payment terms if involving installments or multiple payments

3. Schedule C - Delivery Schedule: Detailed timeline for delivery if multiple shipments are involved

4. Schedule D - Warranty Terms: Detailed warranty conditions and procedures

5. Appendix 1 - Required Documents: List of documents required for the transaction (e.g., certificates, permits)

6. Appendix 2 - Quality Standards: Applicable quality standards and testing procedures

7. Appendix 3 - Return Procedures: Detailed procedures for returns or rejections if applicable