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1. Parties: Identifies the brokers entering into the agreement, including their license numbers, PRC registration details, and business addresses

2. Background: Explains the context of the agreement, including that both parties are licensed real estate brokers seeking to collaborate on transactions

3. Definitions: Defines key terms used in the agreement, including 'Commission', 'Client', 'Transaction', 'Listing', 'Cooperating Broker', and 'Listing Broker'

4. Scope of Cooperation: Outlines the nature and extent of the collaboration between the brokers

5. Commission Structure: Details the agreed-upon commission split percentages and calculation methods

6. Payment Terms: Specifies when and how commission payments will be made, including payment timeline and method

7. Representations and Warranties: Confirms each broker's credentials, authorizations, and compliance with Philippine real estate laws

8. Duties and Responsibilities: Lists specific obligations of each broker in cooperative transactions

9. Confidentiality: Establishes requirements for handling confidential information and client data

10. Term and Termination: Specifies the duration of the agreement and conditions for termination

11. Dispute Resolution: Outlines the process for resolving disagreements between the parties

12. Governing Law: Confirms that the agreement is governed by Philippine law and relevant real estate regulations

13. Entire Agreement: Standard clause confirming this document represents the complete agreement between parties

1. Schedule A - Commission Split Matrix: Detailed breakdown of commission splits for different types of transactions or property values

2. Schedule B - Standard Operating Procedures: Step-by-step procedures for handling cooperative transactions

3. Schedule C - Required Documentation: List of documents required for commission processing

4. Schedule D - Contact Information: Detailed contact information for key personnel in both brokerages

5. Appendix 1 - Sample Commission Calculator: Template for calculating commission splits in various scenarios

6. Appendix 2 - Forms and Templates: Standard forms used in the cooperation between brokers