Compromise Agreement Template for Saudi Arabia

1. Non-Admission of Liability: Statement that the agreement does not constitute admission of liability by any party - used when explicitly requested by settling party

2. Tax Implications: Description of tax treatment of settlement payments - included when settlement involves significant financial components

3. Future Cooperation: Terms for ongoing relationship between parties - used when parties will continue to have business dealings

4. Non-Disparagement: Mutual agreements not to make negative statements about other parties - particularly relevant in high-profile or employment-related settlements

5. Return of Property: Provisions for returning documents or property - used when physical or intellectual property needs to be returned

6. Sharia Compliance Declaration: Explicit statement of compliance with Sharia principles - used when required by parties or nature of settlement

1. Schedule of Payments: Detailed breakdown of payment amounts, dates, and methods

2. Schedule of Released Claims: Comprehensive list of all claims being settled and released

3. Schedule of Required Actions: Detailed list of specific actions required by each party with timelines

4. Schedule of Continuing Obligations: List of any obligations that continue after settlement

5. Supporting Documents: Copies of relevant documents referenced in the agreement

6. Powers of Attorney: If applicable, powers of attorney or other authorization documents