Exclusive Cooperation Agreement Template for Saudi Arabia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Exclusive Cooperation Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Exclusive Cooperation Agreement

"I need an Exclusive Cooperation Agreement for a Saudi tech company entering into an exclusive partnership with a US software provider to distribute AI solutions in Saudi Arabia and other GCC countries, with the agreement starting January 2025."

Document background
The Exclusive Cooperation Agreement is a crucial document used when parties wish to establish a formal exclusive business relationship in Saudi Arabia. It is particularly relevant for businesses seeking to create strategic partnerships, exclusive distribution arrangements, or territorial exclusivity in the Saudi market. The document must comply with Saudi Arabian law, including the Commercial Law (Royal Decree No. M/32), Competition Law (Royal Decree No. M/75), and relevant Sharia principles. This agreement type is commonly used in international business transactions involving Saudi entities and requires careful consideration of local regulatory requirements, cultural aspects, and business practices. The agreement typically includes comprehensive terms covering exclusivity scope, territorial rights, performance obligations, compliance requirements, and dispute resolution mechanisms tailored to the Saudi legal framework.
Suggested Sections

1. Parties: Identification of the contracting parties, including full legal names, addresses, and registration details as per Saudi commercial registry requirements

2. Background: Context of the cooperation, business objectives, and basis for the exclusive arrangement

3. Definitions: Key terms used throughout the agreement, including specific Arabic legal terms where relevant

4. Scope of Cooperation: Detailed description of the exclusive cooperation arrangement, including specific activities, products, or services covered

5. Exclusivity Terms: Specific terms of exclusivity, territorial scope, and any limitations or exceptions

6. Duration and Renewal: Term of the agreement, conditions for renewal, and notice periods

7. Rights and Obligations: Detailed responsibilities of each party under the cooperation arrangement

8. Financial Terms: Payment terms, profit sharing, and financial obligations of each party

9. Compliance: Obligations to comply with Saudi laws, including Sharia principles and competition regulations

10. Confidentiality: Protection of confidential information and trade secrets

11. Termination: Grounds for termination, notice requirements, and consequences of termination

12. Governing Law and Dispute Resolution: Application of Saudi law and dispute resolution mechanisms

Optional Sections

1. Non-Competition: Additional non-compete provisions, used when parties need specific restrictions beyond the exclusivity provisions

2. Intellectual Property: IP ownership and licensing terms, required when the cooperation involves creation or use of intellectual property

3. Personnel and Training: Terms regarding staffing and training requirements, included when the cooperation involves shared personnel or training obligations

4. Marketing and Branding: Guidelines for marketing activities and brand usage, needed when the cooperation involves joint marketing efforts

5. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term cooperation agreements

6. Insurance: Insurance requirements and liability coverage, important for high-risk activities or regulatory compliance

7. Data Protection: Data handling and privacy terms, necessary when cooperation involves sharing of personal or sensitive data

8. Change of Control: Provisions dealing with ownership changes, relevant for long-term strategic partnerships

Suggested Schedules

1. Schedule 1 - Services/Products: Detailed description of services or products covered under the exclusive cooperation

2. Schedule 2 - Territory: Detailed definition of geographical areas covered by the exclusivity arrangement

3. Schedule 3 - Financial Terms: Detailed pricing, payment terms, and financial calculations

4. Schedule 4 - Performance Metrics: Key performance indicators and measurement criteria

5. Schedule 5 - Technical Specifications: Technical requirements and standards for products or services

6. Appendix A - Contact Details: Key contact persons and communication protocols

7. Appendix B - Compliance Requirements: Specific Saudi regulatory requirements and compliance procedures

8. Appendix C - Operational Procedures: Day-to-day operational processes and procedures

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

Manufacturing

Technology

Healthcare

Retail

Construction

Energy

Telecommunications

Financial Services

Professional Services

Automotive

Defense

Education

Agriculture

Logistics

Relevant Teams

Legal

Commercial

Business Development

Operations

Compliance

Corporate Affairs

Sales

Strategy

Risk Management

International Business

Procurement

Executive Leadership

Relevant Roles

Chief Executive Officer

Managing Director

Legal Counsel

Commercial Director

Business Development Manager

Operations Director

Compliance Officer

Contract Manager

Strategic Partnerships Manager

Regional Director

Sales Director

General Manager

Chief Operating Officer

Corporate Secretary

Risk 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

Find the exact document you need

Exclusive Distribution Letter

A Saudi Arabian law-governed letter establishing an exclusive distribution relationship between a supplier and local distributor, outlining key terms and conditions of the arrangement.

find out more

Product Exclusivity Agreement

A Saudi Arabian law-governed agreement establishing exclusive product distribution rights and obligations between supplier and distributor within a defined territory.

find out more

Exclusive Service Contract

A Saudi law-governed agreement establishing exclusive service arrangements between parties, detailing rights, obligations, and performance standards in compliance with local regulations and Sharia principles.

find out more

Exclusive Dealing Contract

A Saudi Arabian law-governed agreement establishing exclusive dealing rights between a supplier and dealer, defining territorial rights and commercial terms.

find out more

Non Exclusive Lease Agreement

A Saudi Arabian law-governed agreement establishing terms for non-exclusive property lease, compliant with Sharia Law and local regulations.

find out more

Mutual Exclusivity Agreement

A Sharia-compliant agreement under Saudi Arabian law establishing exclusive commercial rights and obligations between parties.

find out more

Exclusive Software License Agreement

A Saudi Arabian law-governed agreement granting exclusive rights to use and distribute software, ensuring compliance with local regulations and Sharia principles.

find out more

Exclusive Representative Agreement

A Saudi law-governed agreement appointing an exclusive commercial representative in Saudi Arabia, establishing rights, obligations, and commercial terms under local agency regulations.

find out more

Exclusive Option Agreement

A Sharia-compliant agreement under Saudi law granting exclusive rights to exercise a specific option within a defined period.

find out more

Exclusive Franchise Agreement

A Saudi Arabian law-compliant agreement granting exclusive rights to operate a franchised business within a defined territory in Saudi Arabia, subject to Commercial Franchise Law and Shariah principles.

find out more

Exclusive Marketing Agreement

A Saudi law-governed agreement establishing exclusive marketing rights between a principal and marketing agent, with specific territorial and performance requirements.

find out more

Exclusive Management Agreement

A Saudi law-governed agreement establishing exclusive rights for a management service provider to operate specified business operations or facilities.

find out more

Non Exclusive Sales Representative Agreement

Saudi Arabian law-governed agreement establishing non-exclusive sales representation rights and obligations between a principal and sales representative.

find out more

Exclusive Cooperation Agreement

Saudi law-governed agreement establishing exclusive cooperation terms between parties, incorporating local regulatory requirements and Sharia principles.

find out more

Exclusive Vendor Agreement

A Saudi law-governed agreement establishing exclusive rights for a vendor to distribute products/services within specified territories, ensuring compliance with local commercial and Shariah law.

find out more

Exclusive Service Agreement

A Saudi law-governed agreement establishing exclusive service provision arrangements between parties, defining scope, terms, and obligations.

find out more

Exclusive Production Agreement

A Saudi law-governed agreement establishing exclusive production rights and obligations between a producer and client company, defining terms for exclusive manufacturing or content production services.

find out more

Exclusive Supplier Agreement

Saudi Arabian law-governed agreement establishing exclusive supply arrangements between parties, incorporating Sharia compliance and local commercial regulations.

find out more

Exclusive Partnership Agreement

A Saudi law-governed agreement establishing exclusive partnership terms between parties, defining rights, obligations, and territorial exclusivity.

find out more

Exclusive Management Agency Agreement

A Saudi law-governed agreement establishing an exclusive management agency relationship, defining rights, obligations, and operational parameters between Principal and Agent.

find out more

Exclusivity Contract

A Saudi law-governed agreement establishing exclusive commercial rights between parties, defining scope, territory, and obligations under Sharia principles.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.