Consulting Agreement Between Two Companies Template for Saudi Arabia

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Key Requirements PROMPT example:

Consulting Agreement Between Two Companies

"I need a Consulting Agreement Between Two Companies under Saudi law for my IT consulting firm to provide digital transformation services to a manufacturing company, including provisions for data protection and intellectual property rights, with the agreement starting March 1, 2025."

Document background
The Consulting Agreement Between Two Companies is essential for businesses operating in Saudi Arabia that engage in professional consulting relationships. This document is particularly relevant when one company seeks to formalize the provision of specialized expertise, advisory services, or professional guidance to another company. The agreement must comply with Saudi Arabian law, including commercial regulations and Sharia principles, while protecting both parties' interests through clear delineation of rights, obligations, and commercial terms. It's commonly used across various industries where external expertise is required, and typically includes detailed provisions for service scope, deliverables, payment terms, confidentiality, intellectual property rights, and dispute resolution. The document is crucial for both local and international companies operating in Saudi Arabia, ensuring regulatory compliance while facilitating professional business relationships.
Suggested Sections

1. Parties: Identification of the consulting company and the client company, including full legal names, commercial registration numbers, and registered addresses

2. Background: Context of the agreement and brief description of the parties' business relationship

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Services: Detailed description of consulting services to be provided

5. Term and Termination: Duration of the agreement and conditions for termination

6. Fees and Payment Terms: Consulting fees, payment schedule, and payment methods

7. Obligations of the Consultant: Key responsibilities and commitments of the consulting company

8. Obligations of the Client: Key responsibilities and commitments of the client company

9. Confidentiality: Provisions for protecting confidential information and trade secrets

10. Intellectual Property Rights: Ownership and usage rights of deliverables and pre-existing IP

11. Warranties and Representations: Guarantees and assertions made by both parties

12. Liability and Indemnification: Limitation of liability and indemnification obligations

13. Force Majeure: Provisions for unforeseen circumstances preventing performance

14. Governing Law and Jurisdiction: Specification of Saudi law as governing law and jurisdiction for disputes

15. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment

Optional Sections

1. Non-Competition: Restrictions on competitive activities, used when consulting involves sensitive market information

2. Insurance: Insurance requirements, included when services involve significant risks or regulatory requirements

3. Data Protection: Specific data handling and protection requirements, used when personal or sensitive data is involved

4. Compliance with Anti-Corruption Laws: Detailed anti-corruption provisions, important for international consulting relationships

5. Service Levels: Specific performance metrics and standards, used for long-term or technical consulting

6. Personnel: Requirements for consulting team members, included when specific expertise or clearance is needed

7. Shariah Compliance: Specific provisions ensuring compliance with Islamic law principles, used when explicitly required

8. Exit Management: Detailed transition provisions, important for long-term or complex consulting arrangements

Suggested Schedules

1. Schedule 1 - Scope of Services: Detailed description of consulting services, deliverables, and timelines

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, expenses, and payment milestones

3. Schedule 3 - Key Personnel: List of key consulting team members and their qualifications

4. Schedule 4 - Service Levels: Specific performance metrics and measurement criteria

5. Schedule 5 - Client Materials: List of materials and information to be provided by the client

6. Appendix A - Form of Change Order: Template for documenting changes to scope or services

7. Appendix B - Confidentiality Agreement: Detailed confidentiality terms and procedures

8. Appendix C - Compliance Certificates: Required regulatory or professional certifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Management Consulting

Information Technology

Financial Services

Healthcare

Engineering

Education

Manufacturing

Energy and Utilities

Telecommunications

Real Estate

Construction

Professional Services

Oil and Gas

Retail

Logistics

Relevant Teams

Legal

Procurement

Finance

Operations

Business Development

Risk and Compliance

Strategy

Commercial

Project Management

Administration

Relevant Roles

Chief Executive Officer

Managing Director

Legal Counsel

Procurement Manager

Contract Manager

Chief Financial Officer

Operations Director

Project Manager

Business Development Manager

Risk Manager

Compliance Officer

Commercial Director

Strategy Director

General Manager

Head of Department

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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