If you are thinking of entering into a contract with an agency in the Philippines, it is crucial to have a clear and comprehensive agreement in place. This helps to ensure that both parties are on the same page and that everyone is aware of their respective responsibilities and obligations.
A well-written agency contract should cover all key aspects of the relationship between the agency and the client. This includes the scope of work, fees, timeline, confidentiality, intellectual property, and termination clauses.
To make things easier for you, we have prepared a sample agency contract for you to use as a basis for your agreement. However, it is important to note that this is just a sample and that you should consult with a legal professional when drafting your contract to ensure that it complies with all applicable laws and regulations.
Sample Agency Contract:
This Agency Agreement (the “Agreement”) is made and entered into on [insert date] (the “Effective Date”), by and between [insert client name], a company registered in the Philippines, with a registered office at [insert address] (the “Client”) and [insert agency name], a company registered in the Philippines with a registered office at [insert address] (the “Agency”).
1. Scope of Work
The Agency shall provide the Client with the following services [insert services], as agreed upon by both parties in writing.
2. Obligations of the Agency
The Agency shall:
• Provide high-quality services in accordance with industry standards and best practices
• Meet all deadlines as agreed upon in the contract
• Keep the Client informed of any material developments or changes
• Conduct themselves in a professional and ethical manner
3. Obligations of the Client
The Client shall:
• Cooperate fully with the Agency and provide all necessary information and materials
• Meet all deadlines as agreed upon in the contract
• Provide prompt feedback to the Agency
• Pay all fees in accordance with the payment terms specified in the contract
4. Fees and Payment
The Client shall pay the Agency [insert payment details] for the services rendered. Payment shall be made in accordance with the payment terms specified in the contract.
5. Confidentiality
Both parties shall maintain strict confidentiality regarding any confidential information obtained during the course of the contract.
6. Intellectual Property
The Agency retains ownership of all intellectual property rights to any work created during the contract unless otherwise agreed upon in writing.
7. Termination
Either party may terminate this Agreement upon [insert notice period] written notice to the other party. The Agency shall be entitled to payment for all services rendered up to the date of termination.
8. Governing Law and Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of the Philippines. Any disputes arising out of or in connection with this Agreement shall be resolved through arbitration in accordance with the rules of the Philippine Dispute Resolution Center, Inc.
9. Entire Agreement
This Agreement constitutes the entire agreement between the Agency and the Client and supersedes all prior agreements, representations, and understandings, whether written or oral.
By signing this Agreement, the parties signify their acceptance of the terms and conditions contained herein.
[Insert signatures of authorized representatives of the Agency and the Client]
In conclusion, a well-drafted agency contract is essential for a successful business relationship. By using a sample contract like the one provided above, you can ensure that your agreement is comprehensive and covers all the necessary aspects of the relationship between the agency and the client. Remember to consult with a legal professional to tailor the contract to your specific needs and ensure that it complies with all legal requirements.