Memorandum Of Understanding For Partnership Template for Philippines

1. Non-Competition: Include when parties need to agree not to compete with the partnership or each other in specific markets or activities

2. Insurance: Add when specific insurance coverage requirements need to be maintained by the parties

3. Force Majeure: Include when parties want to address circumstances beyond their control that might affect performance

4. Assignment: Add when there's a need to restrict or permit the transfer of rights and obligations under the MOU

5. Publicity and Announcements: Include when there's a need to control public communications about the partnership

6. Dispute Resolution Process: Add detailed dispute resolution procedures when parties want specific mechanisms beyond standard legal processes

7. Compliance with Laws: Include when the partnership involves regulated activities or specific legal compliance requirements

8. Representatives and Notices: Add when formal communication processes and designated representatives need to be specified

1. Business Plan: Detailed plan outlining the partnership's objectives, strategies, and operational details

2. Financial Contributions: Detailed breakdown of each party's financial commitments and investment schedule

3. Asset Schedule: List of assets being contributed to the partnership by each party

4. Key Personnel: Details of key staff members and their roles in the partnership

5. Service Level Agreements: Specific performance metrics and service standards if applicable

6. Implementation Timeline: Detailed schedule of partnership implementation and key milestones

7. Territory Schedule: Definition of geographical areas covered by the partnership if applicable

8. Intellectual Property Register: Detailed list of intellectual property owned by each party and terms of usage