Business Asset Purchase Agreement Template for Saudi Arabia

1. Employee Matters: Required if employees are being transferred as part of the business assets

2. Intellectual Property: Required if significant IP assets are being transferred

3. Real Estate: Required if real property assets are included in the transfer

4. Tax Matters: Detailed tax provisions required for complex transactions or where significant tax implications exist

5. Environmental Matters: Required if the business involves industrial assets or environmental risks

6. Competition/Antitrust: Required if the transaction requires competition authority approval

7. Non-Competition: Optional restrictions on seller's future business activities

8. Data Protection: Required if personal data or sensitive business data is being transferred

9. Force Majeure: Optional provisions for unforeseen circumstances preventing performance

1. Asset Schedule: Detailed list of all assets being transferred

2. Excluded Assets Schedule: List of assets explicitly excluded from the transfer

3. Purchase Price Calculation: Detailed methodology for calculating final purchase price

4. Completion Obligations: Detailed list of actions required at completion

5. Form of Transfer Documents: Templates of specific transfer documents required under Saudi law

6. Warranties: Detailed warranties given by the seller

7. Encumbrances: List of existing encumbrances on the assets

8. Required Consents: List of third-party and regulatory consents required

9. Employees: List of transferring employees and their key terms (if applicable)

10. Contracts: List of contracts being transferred or assigned