IP Assignment Agreement Template for Saudi Arabia

1. Moral Rights: For copyright works, waiver or assertion of moral rights where applicable

2. Tax Provisions: Specific tax treatment and obligations, particularly for international transfers

3. Employee/Contractor Obligations: Additional provisions when IP was created by employees or contractors

4. Registration and Recordal: Specific procedures for recording the assignment with Saudi IP authorities

5. Non-Competition: Restrictions on Assignor's future use of similar IP, if applicable

6. Survival: Provisions that continue after assignment completion

7. Islamic Finance Compliance: Specific provisions ensuring Shariah compliance for consideration structure

1. Schedule 1: Intellectual Property Description: Detailed list and description of all IP being assigned, including registration numbers

2. Schedule 2: Consideration Details: Breakdown of payment terms, installments, or other consideration structure

3. Schedule 3: Existing Licenses: List of any existing licenses or encumbrances on the IP

4. Schedule 4: Required Formalities: Specific forms or procedures required for Saudi IP Office recordal

5. Appendix A: Form of Assignment Notice: Template for formal notice of assignment to be filed with authorities

6. Appendix B: Due Diligence Documents: List of supporting documents proving IP ownership and validity