Equity Distribution Agreement Template for Saudi Arabia

1. Foreign Investment Provisions: Required when any party is a foreign entity, addressing SAGIA requirements and foreign ownership restrictions

2. Sharia Compliance Declaration: Detailed section on Sharia compliance, required when the distribution involves Islamic financial institutions or explicitly requires Sharia compliance

3. Lock-up Provisions: Restrictions on further transfer or sale of distributed equity, included when required by regulators or agreed between parties

4. Tax Considerations: Specific provisions regarding tax implications and responsibilities, important for cross-border distributions

5. Electronic Trading Provisions: Required when the equity will be traded on electronic platforms or through Tadawul

6. Underwriting Arrangements: Included when third-party underwriters are involved in the distribution

7. Market Making Provisions: Required when market makers will be appointed for the distributed securities

1. Schedule 1 - Equity Securities Description: Detailed description of the equity securities being distributed, including rights and restrictions

2. Schedule 2 - Distribution Timeline: Detailed timeline of the distribution process, including key dates and milestones

3. Schedule 3 - Pricing Mechanism: Formula and procedures for determining the distribution price

4. Schedule 4 - Required Approvals: List of regulatory and corporate approvals required for the distribution

5. Schedule 5 - Distribution Territory: Geographic scope of the distribution and any territorial restrictions

6. Appendix A - Form of Transfer Documents: Template documents required for executing the distribution

7. Appendix B - Regulatory Compliance Checklist: Checklist of regulatory requirements and compliance steps

8. Appendix C - Required Notices and Disclosures: Templates for required notices and disclosure documents