Business Buy Out Agreement Template for Saudi Arabia

1. Earn-out Provisions: Used when part of purchase price is contingent on future performance

2. Non-Competition: Restrictions on seller's future business activities, if applicable under Saudi law

3. Intellectual Property Transfer: Specific provisions for IP transfer where significant IP assets exist

4. Real Estate Matters: Specific provisions for transfer of real estate assets if included in sale

5. Environmental Matters: Environmental warranties and indemnities for businesses with environmental impacts

6. Tax Covenant: Detailed tax provisions where significant tax implications exist

7. Shariah Compliance: Additional provisions ensuring compliance with Shariah principles if required

8. Foreign Investment Provisions: Additional provisions when buyer is a foreign entity

9. Transitional Services: Provisions for post-completion services by seller if required

1. Business Assets Schedule: Detailed list of assets included in the sale

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

3. Property Schedule: Details of real estate assets and leases

4. Intellectual Property Schedule: List of intellectual property rights being transferred

5. Employee Schedule: List of employees and their key employment terms

6. Material Contracts Schedule: List of key business contracts being transferred

7. Completion Deliverables: List of documents required at completion

8. Warranties Schedule: Detailed warranties and any agreed qualifications

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

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