Joint Operation Agreement Template for Saudi Arabia

1. Intellectual Property Rights: Required when the joint operation involves creation or use of intellectual property

2. Employment Matters: Needed when the joint operation will have direct employees

3. Environmental Compliance: Required for operations with environmental impact considerations

4. Technology Transfer: Necessary when the agreement involves transfer of technology between parties

5. Islamic Finance Compliance: Required when financing arrangements need to comply with Shariah principles

6. Local Content Requirements: Needed when operations must meet Saudi local content requirements

7. Force Majeure: Optional but recommended section detailing force majeure events and consequences

1. Business Plan: Detailed operational and financial plans for the joint operation

2. Capital Contribution Schedule: Detailed breakdown of each party's capital contributions and timing

3. Assets Schedule: List of assets contributed or to be acquired by the joint operation

4. Management Procedures: Detailed procedures for day-to-day management and decision-making

5. Financial Procedures: Detailed accounting procedures and financial reporting requirements

6. Key Performance Indicators: Metrics for measuring the performance of the joint operation

7. Insurance Requirements: Required insurance coverage and limits

8. Form of Shareholder Resolution: Template for formal resolutions by the parties

9. Technical Specifications: Technical requirements and standards for the operation

10. Compliance Checklist: List of regulatory requirements and compliance procedures