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This No Arbitration Agreement template is designed for use in Philippine commercial transactions where parties prefer or require court-based dispute resolution mechanisms. It is particularly suitable for domestic transactions within the Philippines where local court jurisdiction is deemed more appropriate or cost-effective than arbitration. The document incorporates all necessary elements required under Philippine contract law, including provisions for court jurisdiction and dispute resolution procedures compliant with the Rules of Court of the Philippines. This template is especially relevant for smaller to medium-sized transactions where arbitration costs may be disproportionate, or in situations where parties prefer the established procedures and precedent-based approach of the Philippine judicial system. The absence of arbitration provisions is explicitly noted, with corresponding robust court jurisdiction clauses to ensure clear dispute resolution pathways.

1. Parties: Identifies and defines the contracting parties with their complete legal names, addresses, and tax identification numbers as required under Philippine law

2. Background: Sets out the context and purpose of the agreement, including any relevant history or circumstances leading to the contract

3. Definitions: Defines key terms used throughout the agreement to ensure consistent interpretation

4. Scope of Agreement: Clearly outlines the subject matter and scope of the contract, including specific obligations of each party

5. Term and Termination: Specifies the duration of the agreement and circumstances under which it may be terminated

6. Payment Terms: Details the financial arrangements, including payment amounts, schedules, and methods

7. Representations and Warranties: States the assurances and guarantees made by each party

8. Confidentiality: Provisions protecting confidential information exchanged during the course of the agreement

9. Intellectual Property: Addresses ownership and usage rights of any intellectual property involved

10. Limitation of Liability: Sets out the extent and limitations of each party's liability

11. Force Majeure: Addresses circumstances beyond parties' control that may affect contract performance

12. Governing Law and Jurisdiction: Specifies Philippine law as governing law and designates courts for dispute resolution

13. General Provisions: Including severability, entire agreement, amendment procedures, and notices

14. Execution: Signature blocks and formal closing of the agreement