The Revenue Share Partnership Agreement is a crucial document for businesses operating in the Philippines who wish to establish a formal arrangement for sharing revenues from joint business activities. This agreement is particularly relevant in today's collaborative business environment, where companies increasingly partner to leverage each other's strengths and resources. The document is structured to comply with Philippine legal requirements, including the Civil Code, Corporation Code, and relevant tax regulations. It provides a comprehensive framework for revenue sharing arrangements, including detailed definitions of revenue, calculation methodologies, payment terms, and partner obligations. This agreement is especially important for protecting all parties' interests in business ventures where success depends on clear financial arrangements and operational responsibilities. The document should be customized based on the specific nature of the partnership, industry requirements, and the parties' particular needs while maintaining compliance with Philippine law.
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1. Parties: Identification and details of all parties entering into the revenue share partnership agreement
2. Background: Context of the agreement, including the business purpose and intent of the partnership
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Partnership Structure: Legal structure of the partnership and relationship between parties
5. Revenue Definition: Clear definition of what constitutes revenue under the agreement
6. Revenue Sharing Terms: Detailed breakdown of revenue sharing percentages and calculation methods
7. Payment Terms: Payment frequency, method, currency, and processing details
8. Accounting and Reporting: Requirements for financial reporting, record-keeping, and audit rights
9. Obligations and Responsibilities: Specific duties and responsibilities of each party
10. Term and Termination: Duration of the agreement and conditions for termination
11. Confidentiality: Protection of confidential information and trade secrets
12. Representations and Warranties: Legal assurances and promises made by each party
13. Dispute Resolution: Process for resolving disagreements between parties
14. Governing Law: Specification of Philippine law as governing law and jurisdiction
15. General Provisions: Standard legal clauses including notices, amendments, and severability
1. Intellectual Property Rights: Ownership and licensing of IP when the partnership involves intellectual property
2. Non-Compete Provisions: Restrictions on competitive activities, if applicable to the partnership
3. Force Majeure: Provisions for unforeseen circumstances affecting performance
4. Insurance Requirements: Specific insurance obligations when the partnership involves physical operations or significant risks
5. Marketing and Branding: Guidelines for marketing activities and brand usage when partnership involves public-facing activities
6. Data Protection: Specific data handling requirements when partnership involves processing personal or sensitive data
7. Employee Non-Solicitation: Restrictions on hiring partner's employees when applicable
8. Exclusivity Terms: Exclusive dealing provisions when partnership requires exclusive arrangements
1. Schedule A - Revenue Calculation Methodology: Detailed explanation of revenue calculations, including formulas and examples
2. Schedule B - Payment Procedures: Step-by-step payment processes, including banking details and documentation requirements
3. Schedule C - Reporting Templates: Standard templates for financial reporting and revenue declarations
4. Schedule D - Service Level Agreements: Performance metrics and service standards if applicable
5. Schedule E - Key Personnel: List of key contacts and responsible personnel from each party
6. Appendix 1 - Business Plan: Detailed business plan and projections if relevant to revenue sharing
7. Appendix 2 - Compliance Requirements: Specific regulatory and compliance requirements under Philippine law
8. Appendix 3 - Technical Requirements: Technical specifications or requirements if partnership involves technical elements
Relevant legal definitions
Clauses
Parties
Recitals
Definitions
Partnership Formation
Revenue Share
Payment Terms
Accounting and Audit
Representations and Warranties
Obligations
Term and Duration
Termination
Confidentiality
Intellectual Property
Non-Competition
Non-Solicitation
Force Majeure
Assignment
Dispute Resolution
Governing Law
Indemnification
Insurance
Notices
Amendment
Waiver
Severability
Entire Agreement
Data Protection
Compliance
Tax
Record Keeping
Performance Standards
Reporting Requirements
Exclusivity
Marketing and Promotion
Business Operations
Authority and Capacity
Third Party Rights
Relationship of Parties
Survival
Counterparts
Further Assurance
Recitals
Definitions
Partnership Formation
Revenue Share
Payment Terms
Accounting and Audit
Representations and Warranties
Obligations
Term and Duration
Termination
Confidentiality
Intellectual Property
Non-Competition
Non-Solicitation
Force Majeure
Assignment
Dispute Resolution
Governing Law
Indemnification
Insurance
Notices
Amendment
Waiver
Severability
Entire Agreement
Data Protection
Compliance
Tax
Record Keeping
Performance Standards
Reporting Requirements
Exclusivity
Marketing and Promotion
Business Operations
Authority and Capacity
Third Party Rights
Relationship of Parties
Survival
Counterparts
Further Assurance
Relevant Industries
Technology
E-commerce
Digital Media
Entertainment
Retail
Manufacturing
Professional Services
Healthcare
Education
Financial Services
Real Estate
Hospitality
Agriculture
Telecommunications
Software Development
Relevant Teams
Legal
Finance
Business Development
Operations
Compliance
Commercial
Partnerships
Accounting
Executive Leadership
Risk Management
Contract Administration
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Business Development Manager
Legal Counsel
Corporate Lawyer
Finance Director
Operations Manager
Partnership Manager
Account Executive
Commercial Director
Contract Manager
Business Owner
Entrepreneur
Financial Controller
Revenue Manager
Compliance Officer
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