Indemnification Agreement Form Template for Saudi Arabia

1. Insurance Requirements: Required when specific insurance coverage is needed to support indemnification obligations

2. Security: Optional section for when additional security (such as bank guarantees) is required to secure the indemnification

3. Alternative Dispute Resolution: Optional provision for arbitration or mediation before court proceedings

4. Third Party Rights: Required when indemnification extends to affiliated parties or specific third parties

5. Compliance with Sharia: Detailed section needed when transaction must explicitly demonstrate Sharia compliance

6. Force Majeure: Optional clause defining events that may suspend or excuse indemnification obligations

7. Confidentiality: Required when indemnification relates to confidential information or trade secrets

1. Schedule 1 - Specific Indemnified Events: Detailed list of specific events, activities, or circumstances covered by the indemnification

2. Schedule 2 - Claim Procedures: Detailed procedures for making and responding to indemnification claims

3. Schedule 3 - Excluded Claims: Specific list of excluded claims or circumstances

4. Appendix A - Form of Notice: Template for formal notices under the agreement

5. Appendix B - Contact Information: Detailed contact information for notices and claims processing

6. Appendix C - Security Documents: Forms of any required security documents or guarantees