The Intercompany Contract template is designed for use between affiliated companies operating within the Philippine jurisdiction, serving as a fundamental document for structuring internal group transactions and relationships. It is particularly crucial when establishing formal arrangements for services, products, or resource sharing between group entities. The document incorporates essential elements required by Philippine corporate law, tax regulations (especially transfer pricing rules), and securities requirements for related party transactions. This template should be used whenever two or more related companies need to formalize their business arrangements, ensuring compliance with local regulatory requirements while maintaining group operational efficiency. The agreement includes provisions for corporate governance, regulatory compliance, financial terms, and operational specifications, making it suitable for various intercompany arrangements from service provisions to resource sharing.
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1. Parties: Identification of the contracting companies, including registration numbers and addresses
2. Background: Context of the agreement, relationship between the parties, and corporate group structure
3. Definitions: Key terms used throughout the agreement, including corporate relationship definitions
4. Scope of Services/Products: Detailed description of services or products to be provided between the companies
5. Financial Terms: Pricing structure, payment terms, and transfer pricing methodology
6. Term and Termination: Duration of the agreement and circumstances for termination
7. Representations and Warranties: Standard corporate warranties and specific intercompany representations
8. Compliance Requirements: Regulatory compliance, including tax and corporate governance obligations
9. Confidentiality: Protection of corporate group information and trade secrets
10. Records and Audit Rights: Requirements for maintaining transaction records and audit provisions
11. Governing Law and Jurisdiction: Application of Philippine law and jurisdiction for disputes
1. Intellectual Property Rights: Required when the agreement involves sharing or licensing of IP between group companies
2. Data Protection: Needed when personal data is processed between group entities
3. Foreign Exchange Provisions: Include when transactions involve cross-border payments
4. Change Control: Required for long-term service agreements where scope may evolve
5. Force Majeure: Optional but recommended for long-term operational agreements
6. Step-In Rights: Include when service continuity is critical for group operations
7. Parent Company Guarantee: Include when additional financial security is required
1. Service Level Agreement: Detailed performance metrics and service standards
2. Pricing Schedule: Detailed pricing methodology and transfer pricing documentation
3. Corporate Authority Documents: Board resolutions and corporate approvals
4. Compliance Certificates: Required regulatory and tax compliance confirmations
5. Group Structure Chart: Visual representation of corporate relationships
6. Financial Terms Detail: Detailed calculation methods and examples
7. Service Specifications: Technical specifications of services or products
8. Key Personnel: List of key contacts and responsible personnel from each company
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Technology
Financial Services
Professional Services
Retail
Healthcare
Energy
Telecommunications
Real Estate
Consumer Goods
Transportation and Logistics
Agriculture
Mining and Resources
Construction
Education
Relevant Teams
Legal
Finance
Tax
Compliance
Corporate Secretariat
Treasury
Internal Audit
Risk Management
Operations
Commercial
Corporate Development
Procurement
Accounting
Strategy
Governance
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Corporate Secretary
Finance Director
Tax Manager
Compliance Officer
Operations Director
Commercial Director
Treasury Manager
Group Financial Controller
Risk Manager
Internal Audit Manager
Business Development Manager
Corporate Governance Officer
Transfer Pricing Specialist
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