Employee Equity Agreement Template for Saudi Arabia

1. Lock-up Period: Additional holding period requirements - include if required by company policy or investors

2. Clawback Provisions: Company's right to reclaim shares - include for senior executives or if required by policy

3. Foreign Ownership Compliance: Special provisions for non-Saudi employees - include if applicable

4. Tag-Along Rights: Right to join in sale of company shares - include for key employees

5. Drag-Along Rights: Obligation to join in sale of company - include if required by shareholders' agreement

6. Non-Competition and Confidentiality: Additional restrictions - include if not covered in employment agreement

7. Sharia Compliance Declaration: Specific statement of Islamic law compliance - include if required by company policy

1. Schedule 1 - Share Details: Detailed description of shares/options granted including class and rights

2. Schedule 2 - Vesting Schedule: Detailed timetable of vesting dates and quantities

3. Schedule 3 - Shareholder Agreement: Key terms from main shareholders' agreement affecting employee shares

4. Schedule 4 - Exercise Notice: Form for exercising options or share rights

5. Schedule 5 - Tax Treatment Summary: Overview of tax implications and calculations

6. Appendix A - Company's Articles of Association: Relevant excerpts from company's constitutional documents

7. Appendix B - Equity Plan Rules: Complete rules of the employee equity incentive plan