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1. Foreign Ownership Compliance: Required when any party is non-Filipino, addressing compliance with foreign ownership restrictions

2. Intellectual Property Rights: Needed when profit distribution is linked to IP exploitation or licensing

3. Management Participation: Include when profit sharing involves management rights or decision-making powers

4. Non-Competition: Required when parties need to be restricted from competing activities

5. Force Majeure: Include when specific provisions for handling extraordinary events are needed

6. Insurance Requirements: Include when specific insurance coverage is required for the business operation

7. Exit Mechanisms: Required when providing specific procedures for parties to exit the arrangement

1. Schedule A - Profit Calculation Methodology: Detailed formula and examples of profit calculation

2. Schedule B - Distribution Percentages: Detailed breakdown of profit sharing percentages and any variation conditions

3. Schedule C - Payment Procedures: Specific procedures and requirements for making distributions

4. Schedule D - Accounting Principles: Agreed accounting standards and practices to be followed

5. Schedule E - Tax Computation: Details of tax calculations and withholding procedures

6. Appendix 1 - Initial Business Plan: If applicable, the initial business plan affecting profit distribution

7. Appendix 2 - Authorized Representatives: List of persons authorized to act on behalf of each party