Business Partnership Operating Agreement Template for Saudi Arabia

1. Non-Competition: Restrictions on partners engaging in competing businesses - used when partners have other business interests

2. Intellectual Property Rights: IP ownership and usage rights - included when the business involves significant IP assets

3. International Operations: Provisions for international business activities - needed for partnerships operating across borders

4. Succession Planning: Procedures for handling partner death or incapacity - important for family businesses or long-term partnerships

5. Environmental Compliance: Environmental obligations - required for businesses in industrial or regulated sectors

6. Technology and Data Protection: Digital assets and data handling - necessary for tech-focused businesses

7. Islamic Finance Provisions: Specific Shariah-compliant financing arrangements - needed when using Islamic financing

8. Partner Death or Disability: Specific provisions for continuity in case of partner death or disability

1. Schedule 1: Capital Contributions: Detailed breakdown of each partner's capital contributions, including valuations of non-cash assets

2. Schedule 2: Profit Sharing Ratios: Specific percentages and calculations for profit distribution

3. Schedule 3: Management Structure: Organizational chart and detailed management responsibilities

4. Schedule 4: Business Plan: Initial business plan and strategic objectives

5. Schedule 5: Asset Register: List of partnership assets and their ownership status

6. Schedule 6: Partner Contact Details: Complete contact information for all partners and key representatives

7. Appendix A: Required Licenses: Copies of business licenses and permits

8. Appendix B: Partner Resolutions: Key partnership resolutions and decisions

9. Appendix C: Banking Arrangements: Details of bank accounts and authorized signatories