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1. Parties: Identifies and provides details of the contracting parties, including their legal status and registered addresses
2. Background: Outlines the context and purpose of the agreement, including the business relationship between parties
3. Definitions: Defines key terms and concepts used throughout the agreement
4. Scope of Services: Details the risk management services to be provided and the coverage area
5. Risk Assessment Framework: Establishes the methodology and criteria for identifying and assessing risks
6. Risk Mitigation Strategies: Outlines the agreed approaches and measures for managing identified risks
7. Roles and Responsibilities: Defines specific duties and obligations of each party in the risk management process
8. Reporting and Documentation: Specifies reporting requirements, frequency, and documentation standards
9. Confidentiality: Establishes obligations regarding confidential information handling and protection
10. Compliance Requirements: Outlines regulatory compliance obligations and standards to be maintained
11. Term and Termination: Specifies the duration of the agreement and conditions for termination
12. Liability and Indemnification: Defines the allocation of risks and responsibilities between parties
13. Dispute Resolution: Establishes procedures for resolving disputes under Philippine law
14. General Provisions: Contains standard legal clauses including notices, amendments, and governing law
1. Business Continuity and Disaster Recovery: Include when the agreement covers critical business operations requiring continuity planning
2. Insurance Requirements: Include when specific insurance coverage is required as part of risk mitigation
3. Data Protection and Privacy: Include when the risk management involves handling personal or sensitive data
4. Third-Party Risk Management: Include when vendors or subcontractors are involved in the risk management process
5. Industry-Specific Compliance: Include when dealing with regulated industries requiring specific compliance measures
6. Performance Metrics and KPIs: Include when specific performance measurements are required for risk management activities
7. Technology and Systems: Include when specific technology platforms or systems are used in risk management
8. Training and Capacity Building: Include when the agreement includes training or knowledge transfer components
1. Schedule A - Risk Assessment Matrix: Detailed risk assessment criteria and scoring methodology
2. Schedule B - Service Level Agreements: Specific performance standards and metrics for risk management services
3. Schedule C - Fee Schedule: Detailed breakdown of fees and payment terms
4. Schedule D - Reporting Templates: Standardized formats for risk reporting and documentation
5. Schedule E - Emergency Response Procedures: Detailed procedures for handling risk emergencies
6. Schedule F - Key Personnel: List of key personnel responsible for risk management activities
7. Appendix 1 - Risk Categories and Definitions: Detailed definitions and examples of risk categories
8. Appendix 2 - Compliance Checklist: Detailed compliance requirements and verification procedures
9. Appendix 3 - Contact Information: Contact details for key stakeholders and emergency contacts
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