Event Management Partnership Agreement Template for Saudi Arabia

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Key Requirements PROMPT example:

Event Management Partnership Agreement

"I need an Event Management Partnership Agreement for a joint venture between our Saudi-based corporate events company and a UK-based event management firm, starting March 2025, with specific provisions for profit sharing and cross-border operations."

Document background
The Event Management Partnership Agreement is essential for businesses looking to establish formal collaborations in Saudi Arabia's growing events sector. This document has become increasingly important following Saudi Vision 2030's emphasis on entertainment and tourism development. It provides a legal framework for partners to jointly manage events while ensuring compliance with Saudi regulations, including General Entertainment Authority requirements and local business laws. The agreement is particularly relevant given the recent liberalization of entertainment regulations and increased demand for professional event management services in the Kingdom. It covers crucial aspects such as profit sharing, operational responsibilities, regulatory compliance, risk management, and cultural considerations specific to Saudi Arabia.
Suggested Sections

1. Parties: Identification and details of the partnering entities, including registration numbers and addresses

2. Background: Context of the partnership formation and brief description of each party's business

3. Definitions: Detailed definitions of terms used throughout the agreement

4. Partnership Structure: Legal form of partnership, ownership percentages, and capital contributions

5. Scope of Partnership: Detailed description of the event management services covered under the partnership

6. Roles and Responsibilities: Specific duties and obligations of each partner in the event management business

7. Financial Terms: Profit sharing, loss allocation, accounting procedures, and financial management

8. Operational Management: Day-to-day management structure, decision-making processes, and operational procedures

9. Regulatory Compliance: Commitment to comply with Saudi regulations, including GEA requirements and local permits

10. Insurance and Liability: Required insurance coverage and allocation of liabilities between partners

11. Term and Termination: Duration of partnership and conditions for termination

12. Dispute Resolution: Procedures for resolving disputes, including Saudi law compliance

13. Confidentiality: Protection of confidential information and trade secrets

14. Governing Law: Specification of Saudi Arabian law as governing law and jurisdiction

Optional Sections

1. Intellectual Property Rights: Include when the partnership involves creation or use of branded content or proprietary event concepts

2. Non-Compete Provisions: Include when partners want to restrict competition during and after the partnership

3. Religious and Cultural Compliance: Include for events that need specific attention to Saudi cultural and religious requirements

4. International Operations: Include if the partnership will manage events outside Saudi Arabia

5. Social Media and Marketing: Include when partnership involves significant marketing activities

6. Force Majeure: Include specific provisions for event cancellation due to extraordinary circumstances

7. Sustainability Commitments: Include when partners want to specify green event management practices

8. Technology Integration: Include when partnership involves specific event management software or technical solutions

Suggested Schedules

1. Schedule A - Financial Terms: Detailed breakdown of profit sharing, fees, and financial arrangements

2. Schedule B - Service Specifications: Detailed scope of event management services offered

3. Schedule C - Key Personnel: List of key staff and their roles from each partner

4. Schedule D - Insurance Requirements: Specific insurance types and coverage amounts required

5. Schedule E - Operating Procedures: Detailed operational protocols and procedures

6. Appendix 1 - Required Licenses: List of necessary permits and licenses for event management

7. Appendix 2 - Equipment Inventory: List of partnership-owned event equipment and assets

8. Appendix 3 - Compliance Checklist: Checklist of regulatory requirements and compliance measures

9. Appendix 4 - Emergency Procedures: Emergency response protocols for events

10. Appendix 5 - Approved Vendors: List of pre-approved vendors and suppliers

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

Events and Entertainment

Hospitality

Tourism

Sports and Recreation

Corporate Services

Media and Broadcasting

Cultural and Arts

Exhibition and Conferences

Wedding and Social Events

Government and Public Sector

Education and Training

Retail and Consumer Events

Relevant Teams

Legal

Operations

Finance

Business Development

Event Planning

Risk Management

Compliance

Commercial

Marketing

Client Relations

Project Management

Partnership Management

Relevant Roles

Chief Executive Officer

Managing Director

Events Director

Operations Manager

Business Development Manager

Partnership Manager

Legal Counsel

Compliance Officer

Event Planning Manager

Finance Director

Commercial Director

Risk Management Officer

Venue Relations Manager

Project Manager

Marketing Director

Client Relations Manager

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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