IP Contract Template for Saudi Arabia

1. Quality Control: For trademark licenses, specifications for maintaining quality standards

2. Development Obligations: For agreements involving ongoing IP development or improvements

3. Sub-licensing Rights: Terms for allowing sub-licensing, if applicable

4. Technology Transfer: Specific provisions for technical knowledge transfer and support

5. Competition Compliance: Specific provisions ensuring compliance with competition laws

6. Islamic Finance Compliance: Specific provisions ensuring compliance with Islamic finance principles, if relevant

7. Exit Rights: Provisions for transfer or sale of rights to third parties

8. Government Approvals: Requirements for obtaining specific government approvals or registrations

1. Schedule 1 - IP Assets: Detailed description of all IP assets covered by the agreement, including registration numbers

2. Schedule 2 - Technical Specifications: Technical details and specifications of the IP, particularly for patents or technical know-how

3. Schedule 3 - Payment Terms: Detailed breakdown of payment structures, royalty calculations and payment schedules

4. Schedule 4 - Quality Standards: Specific quality requirements and standards for trademark licenses

5. Schedule 5 - Approved Sub-licensees: List of approved sub-licensees if sub-licensing is permitted

6. Appendix A - IP Registrations: Copies of relevant IP registrations and certificates

7. Appendix B - Prior Rights: Documentation of any existing licenses or encumbrances on the IP

8. Appendix C - Form of Reports: Templates for required reporting under the agreement