Call And Put Option Agreement Template for Saudi Arabia

1. Regulatory Compliance: Specific section addressing compliance with CMA regulations and other relevant laws, required when dealing with regulated entities or complex financial instruments

2. Security Arrangements: Details of any security or collateral arrangements, needed when security is required for the option obligations

3. Tax Provisions: Specific tax-related provisions and allocations, relevant when tax implications are significant or cross-border elements exist

4. Force Majeure: Provisions dealing with unforeseen circumstances, particularly relevant in longer-term option arrangements

5. Shariah Compliance Provisions: Detailed provisions ensuring compliance with Islamic law principles, required when parties specifically need to demonstrate Shariah compliance

6. Assignment: Specific provisions regarding assignment rights, needed when transfer rights are contemplated

7. Confidentiality: Detailed confidentiality obligations, required when sensitive information is involved

1. Schedule 1 - Option Terms: Detailed specifications of the options including precise exercise prices, exercise periods, and underlying assets

2. Schedule 2 - Form of Exercise Notice: Template notice for exercising options

3. Schedule 3 - Calculation Methods: Detailed methodology for calculating various amounts under the agreement

4. Schedule 4 - Required Approvals: List of regulatory and other approvals required

5. Schedule 5 - Security Details: Details of any security or collateral arrangements if applicable

6. Appendix A - Compliance Checklist: Checklist ensuring compliance with relevant regulations and Shariah principles

7. Appendix B - Shariah Approval: Copy of Shariah board approval or certification if required