Partnership Interest Transfer Agreement Template for Philippines

1. Non-Competition: Restrictions on transferor's future business activities, used when transferor remains active in the same industry

2. Earn-out Provisions: Additional payment terms based on future performance, used in cases where consideration includes performance-based components

3. Security Arrangements: Used when payment is deferred or in installments, detailing any security for payment obligations

4. Management Transition: Included when transferor had management roles that need to be transitioned

5. Intellectual Property Rights: Required when partnership owns significant IP assets that need special treatment

6. Employee Matters: Relevant when transfer affects employment relationships or employee rights

7. Regulatory Compliance: Additional provisions for regulated industries or when special permits are involved

1. Partnership Interest Details: Detailed description of the partnership interest being transferred, including any associated rights and obligations

2. Consideration Calculation: Detailed breakdown of purchase price calculation and payment terms

3. Partnership Agreement: Copy of current partnership agreement and any amendments

4. Required Consents: List of all required consents and their status

5. Encumbrances: List of any existing encumbrances on the partnership interest

6. Completion Checklist: List of all documents and actions required for completion

7. Tax Clearances: Copies of relevant tax clearances and certificates

8. Corporate Authorizations: Copies of relevant corporate authorizations and resolutions