1. Parties: Identification of the parties entering into the agreement - typically the energy storage facility owner/operator and the off-taker
2. Background: Context of the agreement, including project overview and parties' intentions
3. Definitions and Interpretation: Detailed definitions of technical and commercial terms specific to energy storage, including storage capacity, round-trip efficiency, availability
4. Term and Conditions Precedent: Duration of the agreement and conditions that must be met before the agreement becomes effective
5. Sale and Purchase Obligations: Core obligations including storage capacity commitment, charging/discharging requirements, and minimum availability guarantees
6. Technical Requirements: Specifications for the energy storage system, including capacity, response time, round-trip efficiency requirements
7. Operating Procedures: Protocols for charging, discharging, maintenance, and emergency procedures
8. Metering and Testing: Requirements for measuring energy input/output, storage levels, and performance testing procedures
9. Pricing and Payment: Payment structure, including capacity payments, energy charges/credits, and performance incentives/penalties
10. Performance Standards: Required availability, response times, round-trip efficiency, and other performance metrics
11. Interconnection Requirements: Technical and operational requirements for grid connection
12. Force Majeure: Events excusing performance and associated procedures
13. Default and Termination: Events of default, cure periods, and termination rights
14. Insurance and Liability: Required insurance coverage and liability limitations
15. Dispute Resolution: Procedures for resolving disputes under Philippine law
16. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction details
