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1. Parties: Identification of the Secured Party and the Grantor, including their complete legal names and addresses

2. Background: Context of the security agreement, reference to any related agreements (e.g., loan agreement), and purpose of the security interest

3. Definitions: Definitions of key terms used throughout the agreement, including specific Philippine law references

4. Grant of Security Interest: Express creation and grant of the security interest by the Grantor in favor of the Secured Party

5. Collateral Description: Detailed description of the collateral subject to the security interest, meeting requirements of RA 11057

6. Secured Obligations: Description of the obligations secured by the agreement, including principal, interest, and other amounts

7. Representations and Warranties: Grantor's representations regarding ownership, authority, and status of collateral

8. Covenants: Ongoing obligations of the Grantor regarding maintenance, insurance, and use of collateral

9. Events of Default: Circumstances constituting default under the agreement

10. Enforcement Rights: Rights and remedies of the Secured Party upon default, including collection and disposition rights

11. Perfection and Priority: Requirements and procedures for perfecting the security interest and maintaining priority

12. General Provisions: Standard contract provisions including governing law, notices, amendments, and severability

13. Execution: Signature blocks and notarial requirements

1. Schedule A - Collateral Description: Detailed itemization and description of all collateral covered by the agreement

2. Schedule B - Permitted Liens: List of pre-existing or permitted encumbrances on the collateral

3. Schedule C - Locations of Collateral: List of all locations where collateral is or will be kept

4. Schedule D - Intellectual Property: Detailed list of any intellectual property included as collateral

5. Schedule E - Required Filings: List of all required filings and registrations for perfection

6. Appendix 1 - Form of Notice: Standard form for notices required under the agreement

7. Appendix 2 - Form of Acknowledgment: Form of acknowledgment for third party consents or control agreements