Assignment Of Subcontract Agreement Template for United Arab Emirates

1. Security Arrangements: Required if there are performance bonds, guarantees, or other security arrangements to be transferred or replaced

2. Intellectual Property: Needed if the subcontract involves significant IP rights that need to be assigned

3. Confidentiality: Required if there is sensitive information being shared as part of the assignment process

4. Insurance: Needed if specific insurance arrangements need to be transferred or new policies put in place

5. Employee Matters: Required if the assignment involves transfer of employees or employment obligations

6. Outstanding Claims: Needed if there are existing disputes or claims that need to be addressed

7. Third Party Consents: Required if additional third party consents (beyond the main contractor) are needed

1. Schedule 1 - Original Subcontract: Copy of the original subcontract being assigned

2. Schedule 2 - Project Details: Detailed description of the project and work scope being assigned

3. Schedule 3 - Outstanding Works: List of remaining works to be completed under the subcontract

4. Schedule 4 - Payment Details: Details of any payment arrangements, including outstanding payments

5. Schedule 5 - Transferred Assets: List of any equipment, materials, or other assets being transferred

6. Schedule 6 - Required Consents: List of all required consents and their status

7. Schedule 7 - Performance Security: Details of any bonds, guarantees, or other security arrangements

8. Appendix A - Form of Notice to Main Contractor: Template for formal notice of assignment to the main contractor

9. Appendix B - Confirmation of Assignment: Form for documenting completion of the assignment process