Business Sale Purchase Agreement Template for Saudi Arabia

1. Employee Matters: Detailed provisions regarding the transfer of employees, to be included when employees are being transferred as part of the business

2. Intellectual Property: Specific provisions for IP transfer and protection, required when the business has significant IP assets

3. Real Estate: Provisions dealing with property transfers or lease assignments, needed when real estate is part of the transaction

4. Environmental Matters: Environmental warranties and indemnities, necessary for businesses with environmental risks or compliance requirements

5. Data Protection: Provisions regarding the transfer and protection of personal data, required when the business processes significant personal data

6. Government Approvals: Detailed provisions regarding required governmental approvals, necessary for regulated industries

7. Earn-out Provisions: Mechanisms for additional payments based on future performance, included when part of the purchase price is contingent

8. Tax Covenant: Detailed tax indemnities and arrangements, particularly important for share sales

9. Transitional Services: Arrangements for post-completion services provided by the seller, needed when business continuity requires seller's involvement

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

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

3. Properties Schedule: Details of all real estate owned or leased by the business

4. Intellectual Property Schedule: List of all IP rights owned or used by the business

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

6. Material Contracts Schedule: List and copies of all material business contracts

7. Warranties Schedule: Detailed warranties given by the seller

8. Bank Accounts Schedule: Details of all bank accounts and financial arrangements

9. Completion Deliverables Schedule: List of all documents and items to be delivered at completion

10. Permitted Encumbrances Schedule: List of permitted liens and encumbrances on business assets

11. Governmental Approvals Schedule: List of required governmental and regulatory approvals

12. Financial Statements Schedule: Recent financial statements and management accounts