Non Compete Intellectual Property Agreement Template for Philippines

1. Assignment Rights: Specific provisions regarding the right to assign the agreement to third parties, particularly relevant in case of business sale or restructuring

2. Dispute Resolution: Alternative dispute resolution mechanisms such as mediation or arbitration, recommended for complex business relationships

3. Training and Development: Provisions regarding any specialized training provided, useful when the non-compete is tied to significant company investment in employee development

4. Garden Leave: Provisions for paid non-active period, relevant for senior executives or key personnel

5. Survival Clauses: Specific provisions that survive termination, important for long-term IP protection

6. Independent Contractor Provisions: Special provisions if the agreement is with independent contractors rather than employees

7. Industry-Specific Compliance: Additional compliance requirements for regulated industries

1. Schedule A - Protected Intellectual Property: Detailed list of specific IP assets covered by the agreement, including patents, trademarks, copyrights, and trade secrets

2. Schedule B - Restricted Activities: Comprehensive list of specific activities, businesses, and roles that are restricted under the non-compete provisions

3. Schedule C - Territorial Restrictions: Detailed mapping of geographical areas where restrictions apply

4. Schedule D - Consideration Details: Breakdown of any financial or other consideration provided in exchange for the restrictions

5. Appendix 1 - Confidential Information Categories: Detailed categorization of types of confidential information covered

6. Appendix 2 - Return of Property Checklist: Itemized list of physical and digital assets to be returned upon termination