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The Service Contract Company agreement is a foundational document used in the Philippines when establishing formal service relationships between companies. This template is specifically designed for scenarios where one company provides professional or operational services to another, ensuring compliance with Philippine law and business regulations. The document encompasses crucial elements required by Philippine jurisdiction, including service specifications, performance metrics, payment structures, and legal safeguards. It's particularly valuable for businesses engaging in outsourcing, consulting, or ongoing service arrangements, and includes provisions addressing local tax requirements, data privacy regulations, and corporate governance standards. The agreement's structure reflects common commercial practices in the Philippines while maintaining flexibility to accommodate various service types and industry-specific requirements.

1. Parties: Identifies the service provider and client company, including their complete legal names, registration numbers, and registered addresses

2. Background: Outlines the context of the agreement and the parties' intentions

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules

4. Scope of Services: Detailed description of services to be provided, including deliverables and performance standards

5. Term and Commencement: Specifies the duration of the agreement and start date

6. Service Provider's Obligations: Lists the specific duties and responsibilities of the service provider

7. Client's Obligations: Details the responsibilities and commitments of the client company

8. Fees and Payment Terms: Specifies service fees, payment schedule, invoicing process, and any applicable taxes

9. Performance Standards: Establishes key performance indicators and service level requirements

10. Intellectual Property Rights: Addresses ownership and usage rights of any IP created or used during service provision

11. Confidentiality: Defines confidential information and establishes protection obligations

12. Data Protection: Ensures compliance with Philippine Data Privacy Act requirements

13. Liability and Indemnification: Sets out liability limitations and indemnification obligations

14. Termination: Specifies termination grounds and procedures

15. Post-Termination Obligations: Outlines obligations that survive contract termination

16. General Provisions: Standard legal clauses including notices, amendments, governing law, etc.