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Fee Contract for Philippines

Fee Contract Template for Philippines

A Fee Contract governed by Philippine law is a legally binding agreement that establishes the terms and conditions for the provision of services in exchange for specified fees. This document outlines the scope of services, payment terms, obligations of both parties, and other essential elements of the service relationship, while ensuring compliance with Philippine Civil Code requirements and relevant regulatory frameworks. It includes provisions for fee structures, payment schedules, service delivery standards, and dispute resolution mechanisms, all tailored to align with Philippine jurisdiction and business practices.

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What is a Fee Contract?

The Fee Contract serves as a fundamental legal instrument in Philippine business relationships, particularly when professional services or consulting arrangements are involved. This document type is essential when establishing a formal agreement for service provision in exchange for monetary compensation. The Fee Contract should be used when parties need to clearly define the scope of services, payment terms, delivery timelines, and mutual obligations while ensuring compliance with Philippine law, including the Civil Code and relevant regulatory requirements. It is particularly crucial for professional service providers, consultants, and businesses engaging external expertise, as it helps prevent misunderstandings and provides legal protection for both parties. The document typically includes detailed fee structures, payment schedules, service specifications, and performance standards, all framed within the context of Philippine legal requirements and business practices.

What sections should be included in a Fee Contract?

1. Parties: Identifies and provides complete details of the contracting parties, including their legal names, addresses, and registration details if applicable

2. Background: Sets out the context of the agreement and brief description of why the parties are entering into this fee contract

3. Definitions: Defines key terms used throughout the agreement to ensure clarity and prevent misinterpretation

4. Scope of Services: Detailed description of the services to be provided under the fee arrangement

5. Fee Structure: Specifies the agreed fees, payment terms, payment schedule, and any conditions for fee adjustments

6. Payment Terms: Details the payment process, including invoicing procedures, payment methods, and payment timelines

7. Duration: Specifies the term of the agreement, including start date and end date if applicable

8. Obligations of Service Provider: Lists the duties and responsibilities of the party providing the services

9. Obligations of Client: Outlines the responsibilities and commitments of the party receiving the services

10. Termination: Describes the circumstances and procedures for ending the agreement

11. Governing Law: Specifies that Philippine law governs the agreement and outlines jurisdiction for disputes

12. Execution: Formal closing section with signature blocks for all parties

What sections are optional to include in a Fee Contract?

1. Confidentiality: Include when sensitive information will be shared during service provision

2. Intellectual Property: Include when services involve creation or use of intellectual property

3. Force Majeure: Include to address unforeseeable circumstances preventing contract performance

4. Non-Compete: Include when there's a need to restrict the service provider from competing activities

5. Insurance: Include when specific insurance coverage is required for the services

6. Assignment: Include when transfer of rights needs to be restricted or permitted

7. Dispute Resolution: Include when specific dispute resolution procedures (like mediation) are preferred

8. Performance Metrics: Include when specific service levels or performance standards need to be maintained

9. Limitation of Liability: Include when liability caps or specific risk allocations are needed

What schedules should be included in a Fee Contract?

1. Schedule A - Fee Schedule: Detailed breakdown of fees, rates, and payment structures

2. Schedule B - Service Specifications: Detailed technical or operational specifications of the services to be provided

3. Schedule C - Performance Standards: Specific metrics, KPIs, or quality standards for service delivery

4. Schedule D - Required Documentation: List of documents, reports, or deliverables required as part of the service

5. Appendix 1 - Contact Details: Key contact persons and their details for both parties

6. Appendix 2 - Service Location(s): Details of locations where services will be provided if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Ƶ

Document Type

Fee Agreement

Cost

Free to use
Relevant legal definitions






























Clauses



































Relevant Industries

Professional Services

Consulting

Information Technology

Legal Services

Financial Services

Healthcare

Engineering

Architecture

Education and Training

Marketing and Advertising

Real Estate

Construction

Business Process Outsourcing

Relevant Teams

Legal

Finance

Procurement

Operations

Human Resources

Compliance

Administration

Project Management

Business Development

Contract Management

Relevant Roles

Legal Counsel

Contract Manager

Finance Director

Project Manager

Business Development Manager

Procurement Manager

Operations Director

Human Resources Manager

Compliance Officer

Chief Financial Officer

Managing Director

Consultant

Professional Service Provider

Department Head

Administrative Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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