Bill Of Sale Of A Business Template for Saudi Arabia

1. Intellectual Property: Detailed section on transfer of intellectual property rights, used when the business owns significant IP assets

2. Real Estate: Provisions regarding transfer of property ownership or lease agreements, included when real estate is part of the sale

3. Non-Competition: Restrictions on seller's future business activities, included when protecting business goodwill is crucial

4. Transition Services: Terms for post-sale support services by seller, used when continued seller involvement is needed

5. Environmental Matters: Environmental warranties and indemnities, included for businesses with environmental risks

6. Earn-out Provisions: Structure for additional payments based on future performance, used when price includes performance-based components

7. Third Party Consents: Process for obtaining required third party approvals, included when significant contracts require consent for transfer

1. Schedule 1 - Business Assets: Detailed inventory of all tangible and intangible assets included in the sale

2. Schedule 2 - Excluded Assets: List of assets specifically excluded from the sale

3. Schedule 3 - Employee Information: List of employees, their positions, and employment terms

4. Schedule 4 - Contracts: List of business contracts being transferred

5. Schedule 5 - Intellectual Property: Details of all intellectual property rights being transferred

6. Schedule 6 - Real Estate: Details of any property included in the sale

7. Schedule 7 - Permits and Licenses: List of governmental permits and licenses being transferred

8. Schedule 8 - Completion Deliverables: List of documents and items to be delivered at completion

9. Appendix A - Form of Transfer Instruments: Templates for various transfer documents required under Saudi law