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1. Parties: Identification of all prospective partners, including full legal names, addresses, and tax identification numbers
2. Background: Context of the preliminary partnership arrangement, including the business opportunity being explored and reasons for entering into the preliminary agreement
3. Definitions: Key terms used throughout the agreement, ensuring consistent interpretation
4. Purpose and Scope: Outline of the intended business venture and scope of the preliminary partnership arrangement
5. Duration: Term of the preliminary agreement and conditions for extension or early termination
6. Due Diligence: Framework for conducting business and legal due diligence during the preliminary period
7. Confidentiality: Obligations regarding confidential information shared during the preliminary period
8. Exclusivity: Commitment not to negotiate with other parties during the preliminary period
9. Costs and Expenses: Allocation of costs incurred during the preliminary period
10. Conditions Precedent: Conditions that must be met before proceeding to final partnership agreement
11. Governing Law and Jurisdiction: Specification of Philippine law as governing law and choice of jurisdiction for disputes
12. Execution: Signature blocks and execution formalities
1. Initial Capital Contributions: Used when partners agree to make preliminary contributions; details the nature, value, and timing of initial investments
2. Preliminary Management Structure: Include when partners want to establish temporary management arrangements during the preliminary period
3. Intellectual Property Rights: Required when IP will be shared or developed during the preliminary period
4. Non-Competition: Include when partners want to restrict competitive activities during and after the preliminary period
5. Break Fee: Used when parties want to specify compensation if one party withdraws from negotiations
6. Regulatory Compliance: Include when the intended partnership requires specific regulatory approvals or licenses
7. Force Majeure: Optional clause addressing unforeseen circumstances that might affect the preliminary arrangement
1. Schedule A - Business Plan: Preliminary business plan outlining the proposed partnership venture
2. Schedule B - Due Diligence Requirements: Detailed list of documents and information required for due diligence
3. Schedule C - Timeline: Proposed timeline for completing due diligence and moving to final partnership agreement
4. Schedule D - Preliminary Budget: Estimated costs and expenses during the preliminary period
5. Appendix 1 - Required Regulatory Approvals: List of necessary regulatory approvals and licenses for the intended partnership
6. Appendix 2 - Form of Final Partnership Agreement: Draft outline or key terms of the intended final partnership agreement
Retail
Manufacturing
Technology
Real Estate
Food and Beverage
Professional Services
Healthcare
Agriculture
Tourism and Hospitality
Construction
Financial Services
Education
Export/Import
Entertainment
Legal
Business Development
Corporate Development
Finance
Operations
Strategy
Compliance
Commercial
Investment
Executive Leadership
Risk Management
Chief Executive Officer
Managing Director
Business Development Manager
Legal Counsel
Corporate Lawyer
Chief Financial Officer
Operations Director
Partnership Manager
Strategy Director
Commercial Director
Investment Manager
Compliance Officer
Company Secretary
Business Owner
Entrepreneur
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