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Simple Contract for Philippines

Simple Contract Template for Philippines

A Simple Contract governed by Philippine law is a straightforward legal agreement that establishes basic contractual relationships between parties. It incorporates essential elements required under the Civil Code of the Philippines (Republic Act No. 386) while maintaining clarity and accessibility. This document is designed to be easily understood by parties without extensive legal knowledge, while still being legally binding and enforceable under Philippine jurisdiction. It includes fundamental contract components such as clear identification of parties, explicit rights and obligations, payment terms where applicable, and basic protective clauses.

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What is a Simple Contract?

The Simple Contract template is designed for use in the Philippine legal context where parties need to formalize their business relationships without the complexity of more elaborate agreements. This document type is particularly useful for straightforward commercial transactions, service agreements, or basic business arrangements where the key terms can be clearly stated without extensive legal terminology. The Simple Contract follows Philippine contract law requirements, particularly those outlined in the Civil Code of the Philippines, and can be customized for various business purposes while maintaining its essential simplicity. It's commonly used when parties need a legally binding agreement that's both comprehensive enough to protect their interests and simple enough to be easily understood and implemented.

What sections should be included in a Simple Contract?

1. Parties: Identifies and defines all parties to the contract, including their complete legal names, addresses, and legal status

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 extent of the contractual relationship

5. Rights and Obligations: Details the specific duties, responsibilities, and rights of each party

6. Payment Terms: Specifies payment amounts, methods, and timing if applicable

7. Term and Termination: States the duration of the agreement and conditions for termination

8. Governing Law: Explicitly states that Philippine law governs the agreement

9. Entire Agreement: Confirms that the document represents the complete agreement between parties

10. Execution: Signature block and execution formalities

What sections are optional to include in a Simple Contract?

1. Confidentiality: Include when parties will exchange sensitive information during the course of the agreement

2. Force Majeure: Include to address circumstances beyond parties' control that may affect performance

3. Assignment: Include when transfer of rights needs to be restricted or permitted

4. Dispute Resolution: Include when specific dispute resolution procedures (mediation, arbitration) are desired

5. Warranties and Representations: Include when specific assurances about facts or capabilities are necessary

6. Insurance: Include when specific insurance coverage requirements exist

7. Intellectual Property: Include when IP rights are involved or need protection

What schedules should be included in a Simple Contract?

1. Schedule A - Services/Deliverables: Detailed description of services or deliverables if too extensive for main agreement

2. Schedule B - Payment Schedule: Detailed breakdown of payment terms, milestones, and amounts

3. Schedule C - Special Terms: Any special conditions or requirements specific to the agreement

4. Appendix 1 - Contact Details: List of key contacts and their details for both parties

5. Appendix 2 - Required Documents: List of documents required for compliance or performance

Authors

Alex Denne

Head of Growth (Open Source Law) @ 抖阴短视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions




















Clauses




















Relevant Industries

Retail

Professional Services

Information Technology

Manufacturing

Real Estate

Construction

Healthcare

Education

Agriculture

Tourism

Financial Services

Transportation

Food and Beverage

Entertainment

Relevant Teams

Legal

Operations

Procurement

Administration

Finance

Sales

Business Development

Contract Management

Project Management

Risk Management

Relevant Roles

Business Owner

General Manager

Operations Manager

Project Manager

Contract Administrator

Procurement Officer

Small Business Owner

Department Head

Chief Executive Officer

Business Development Manager

Account Manager

Sales Manager

Administrative Officer

Finance Manager

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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