License Transfer Agreement Template for Saudi Arabia

1. Third Party Consents: Required when the original license agreement requires consent from third parties for transfer

2. Intellectual Property Rights: Detailed section needed when the license involves complex IP rights

3. Training and Support: Include when technical knowledge transfer is part of the agreement

4. Competition Compliance: Required when the transfer might have competition law implications

5. Foreign Investment Provisions: Necessary when the transfer involves foreign parties

6. Islamic Finance Compliance: Required when payment structure needs explicit Sharia compliance provisions

7. Transition Services: Include when the transferor will provide temporary support post-transfer

8. Employee Matters: Needed when the license transfer affects employment relationships

9. Data Protection: Required when the license involves personal data processing

1. Schedule 1 - License Details: Detailed description of the license being transferred, including scope and limitations

2. Schedule 2 - Consideration Details: Detailed breakdown of payment terms, installments, and calculation methods

3. Schedule 3 - Required Consents: List of all required regulatory and third-party consents

4. Schedule 4 - Existing Agreements: Copies or summaries of relevant existing agreements affecting the license

5. Schedule 5 - Technical Specifications: Technical details of licensed technology or processes

6. Schedule 6 - Compliance Requirements: Detailed regulatory compliance requirements under Saudi law

7. Appendix A - Form of Notice: Template for required notices to authorities or third parties

8. Appendix B - Transfer Documentation: Forms and documents required for formal transfer registration