Business Agreement Between Two Companies Template for Saudi Arabia

1. Intellectual Property Rights: Required when the agreement involves the use or creation of intellectual property

2. Data Protection: Necessary when personal or sensitive data will be processed or shared

3. Force Majeure: Addresses unforeseeable circumstances preventing contract performance

4. Insurance: Required when specific insurance coverage needs to be maintained

5. Non-Competition: Include when parties need to restrict competitive activities

6. Assignment and Subcontracting: Necessary when rights or obligations may need to be transferred

7. Change Control: Required for agreements where scope or specifications may need modification

8. Service Levels: Include when specific performance metrics need to be maintained

9. Anti-Corruption: Important for high-value contracts or government-related business

10. Environmental Compliance: Necessary for agreements involving environmental impacts

1. Schedule 1 - Service Specifications: Detailed description of services or products to be provided

2. Schedule 2 - Pricing and Payment Terms: Detailed breakdown of prices, rates, and payment schedules

3. Schedule 3 - Key Personnel: List of key individuals responsible for contract implementation

4. Schedule 4 - Performance Metrics: Specific KPIs and performance measurement criteria

5. Schedule 5 - Technical Requirements: Technical specifications and standards to be met

6. Schedule 6 - Compliance Requirements: Specific regulatory or Sharia compliance requirements

7. Appendix A - Forms and Templates: Standard forms for notices, change requests, or reports

8. Appendix B - Insurance Requirements: Detailed insurance coverage requirements and limits