Split Commission Agreement Template for Philippines

1. Non-Compete Clause: Used when parties wish to restrict competitive activities during and after the agreement

2. Force Majeure: Added when parties want to address circumstances beyond their control that might affect commission generation

3. Insurance Requirements: Included when the agreement involves insurance product sales and related regulations

4. Audit Rights: Added when parties want the right to audit commission calculations and related records

5. Data Protection: Included when personal data processing is involved in the commission arrangement

6. Assignment Rights: Used when parties want to specify whether commission rights can be assigned to third parties

7. Dispute Resolution: Added when parties want to specify alternative dispute resolution methods before litigation

1. Schedule A - Commission Rates: Detailed breakdown of commission percentages for different products or services

2. Schedule B - Payment Procedures: Specific procedures for calculating and processing commission payments

3. Schedule C - Reporting Template: Standard format for commission reports and statements

4. Schedule D - Product List: List of products or services covered by the commission arrangement

5. Appendix 1 - Contact Details: Contact information for key personnel involved in commission administration

6. Appendix 2 - Commission Calculator: Formula and examples for commission calculations