Management Buyout Agreement Template for Saudi Arabia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Management Buyout Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Management Buyout Agreement

"I need a Management Buyout Agreement for a Saudi manufacturing company where four senior managers will acquire 100% of shares from the current family owners, with completion planned for March 2025 and including vendor financing provisions."

Document background
The Management Buyout Agreement is a sophisticated transaction document used when a company's management team seeks to acquire ownership from existing shareholders in Saudi Arabia. This document is essential for structuring the acquisition in compliance with Saudi Companies Law, Capital Market Authority regulations (if applicable), and Shariah principles. It covers crucial elements including share transfer mechanisms, purchase price determination, payment terms, warranties, and regulatory approvals. The agreement becomes necessary when management sees an opportunity to take ownership control, often during succession planning or when external shareholders wish to exit. It must address specific Saudi Arabian requirements such as foreign ownership restrictions, regulatory approvals, and local corporate governance standards. The document typically includes detailed provisions for transitional arrangements, ensuring business continuity while protecting all parties' interests under Saudi jurisdiction.
Suggested Sections

1. Parties: Identification of all parties involved in the MBO, including current shareholders, management team purchasers, and any guarantors

2. Background: Context of the transaction, current ownership structure, and purpose of the management buyout

3. Definitions: Detailed definitions of terms used throughout the agreement

4. Sale and Purchase Agreement: Core transaction terms including shares/assets being purchased and consideration

5. Purchase Price and Payment Terms: Detailed breakdown of purchase price, payment structure, and any earn-out mechanisms

6. Conditions Precedent: Prerequisites that must be satisfied before completion of the transaction

7. Completion Mechanics: Step-by-step process for closing the transaction

8. Seller Warranties: Representations and warranties regarding the company, its assets, and operations

9. Buyer Warranties: Representations and warranties from the management team regarding capacity and funding

10. Pre-Completion Obligations: Conduct of business requirements between signing and completion

11. Post-Completion Obligations: Actions required after completion, including transition arrangements

12. Restrictive Covenants: Non-compete and non-solicitation provisions for selling shareholders

13. Confidentiality: Provisions regarding confidential information and announcements

14. Governing Law and Jurisdiction: Specification of Saudi law as governing law and dispute resolution mechanisms

15. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

Optional Sections

1. External Financing Arrangements: Required if the MBO involves bank or third-party financing

2. Regulatory Compliance: Required for regulated industries or if CMA approval is needed

3. Foreign Investment Provisions: Required if any buyers are non-Saudi nationals

4. Employee Matters: Required if significant employee transfers or changes are involved

5. Tax Covenant: Required for complex tax arrangements or international implications

6. Shariah Compliance Declaration: Required if specific Shariah-compliant financing is involved

7. Intellectual Property Transfer: Required if significant IP assets are involved in the transaction

8. Real Estate Provisions: Required if property transfers are part of the transaction

Suggested Schedules

1. Schedule 1 - Company Information: Detailed corporate information including shareholding structure

2. Schedule 2 - Properties: List and details of all company properties

3. Schedule 3 - Intellectual Property: Schedule of all IP rights owned or used by the company

4. Schedule 4 - Material Contracts: List of key commercial contracts and arrangements

5. Schedule 5 - Employee Information: Details of key employees and employment terms

6. Schedule 6 - Completion Requirements: Detailed list of completion deliverables and requirements

7. Schedule 7 - Warranties: Detailed warranties and any specific disclosures

8. Schedule 8 - Bank Accounts: Details of company bank accounts and financial arrangements

9. Appendix A - Form of Resignation Letters: Template resignation letters for outgoing directors

10. Appendix B - Form of Board Resolutions: Template board resolutions required for completion

11. Appendix C - Power of Attorney: Form of any required powers of attorney

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Manufacturing

Retail

Technology

Healthcare

Construction

Professional Services

Logistics

Real Estate

Education

Hospitality

Industrial Services

Trading

Media and Entertainment

Food and Beverage

Automotive

Relevant Teams

Legal

Finance

Corporate Development

Executive Leadership

Operations

Human Resources

Compliance

Risk Management

Treasury

Corporate Secretariat

Strategic Planning

Investor Relations

Relevant Roles

Chief Executive Officer

Managing Director

Chief Financial Officer

Chief Operating Officer

Finance Director

Operations Director

Company Secretary

Legal Counsel

Board Member

Department Head

General Manager

Investment Manager

Corporate Development Manager

Senior Management Team Member

Business Unit Director

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Social Media Management Agreement

A Saudi Arabian law-governed agreement defining terms and conditions for professional social media management services, including regulatory compliance and service deliverables.

find out more

Manager And Artist Contract

A Saudi Arabian law-compliant agreement establishing the terms and conditions between an artist and their manager, including representation rights, obligations, and commission structures.

find out more

Managerial Agreement

A Saudi Arabian law-governed employment agreement for managerial positions, detailing executive duties, responsibilities, and compensation while ensuring compliance with local regulations.

find out more

Asset Management Contract

A Saudi Arabian law-governed asset management agreement establishing the framework for professional investment services, incorporating CMA regulations and Sharia compliance requirements.

find out more

Property Management Form

Saudi Arabia-compliant property management agreement template defining the relationship between property owners and management companies.

find out more

Management Agreement Form

A Saudi Arabian-compliant agreement establishing the terms and conditions for management services between a service provider and client company.

find out more

Aircraft Management Agreement

A Saudi Arabian law-governed agreement between an aircraft owner and management company for professional aircraft management services and regulatory compliance.

find out more

Vessel Management Agreement

A Saudi Arabian law-governed agreement between vessel owner and management company for professional vessel management services, compliant with local maritime regulations and Sharia principles.

find out more

Managing Agent Contract

A Saudi Arabian law-governed agreement establishing the terms and scope of a managing agent's authority to represent and manage aspects of a principal's business operations.

find out more

Discretionary Investment Management Agreement

A Saudi Arabian law-governed agreement establishing discretionary investment management services, compliant with CMA regulations and Shariah principles.

find out more

Association Management Agreement

A Saudi Arabian law-governed agreement establishing terms for professional management services to associations and non-profit organizations.

find out more

Office Manager Employment Agreement

Employment agreement template for Office Manager position in Saudi Arabia, compliant with Saudi Labor Law and regulations.

find out more

Self Storage Management Agreement

A Saudi Arabia-governed agreement for the professional management and operation of self-storage facilities, compliant with local laws and Shariah principles.

find out more

Hospital Management Agreement

A Saudi law-governed agreement for the professional management of healthcare facilities, establishing operational and compliance frameworks under Saudi regulations and Sharia principles.

find out more

Management Employment Contract

A Saudi Arabian law-governed employment contract for management positions, establishing terms and conditions for executive employment while ensuring compliance with local regulations.

find out more

Farm Management Agreement

A Saudi Arabian law-governed agreement establishing professional farm management services, operational responsibilities, and compliance requirements between farm owners and management entities.

find out more

Event Management Partnership Agreement

A Saudi Arabian law-governed agreement establishing a partnership between parties for event management services, incorporating local regulatory requirements and industry standards.

find out more

Shareholder Management Agreement

A Saudi Arabian law-governed agreement establishing shareholder rights, obligations, and corporate governance framework while ensuring compliance with local regulations and Sharia principles.

find out more

General Manager Contract Of Employment

Saudi Arabian employment agreement for General Manager position, outlining executive duties, compensation, and compliance with Saudi Labor Law.

find out more

Collateral Management Agreement

A Saudi Arabian law-governed agreement establishing the framework for managing collateral assets, including appointment of managers, valuation methods, and rights enforcement, with built-in Sharia compliance.

find out more

Short Term Rental Management Agreement

A Saudi Arabian law-governed agreement between property owners and management companies for professional operation of short-term rental properties.

find out more

Sales Manager Employment Contract

A comprehensive employment contract template for Sales Manager positions in Saudi Arabia, compliant with Saudi Labor Law and including sales-specific provisions.

find out more

Personal Management Agreement

A Saudi Arabian law-governed agreement establishing terms and conditions for management positions, ensuring compliance with local labor laws and Sharia principles.

find out more

Managing Partner Contract

A Saudi Arabian law-governed agreement establishing the terms, conditions, and obligations of a Managing Partner's relationship with the company.

find out more

Business Management Agreement

A Saudi law-governed agreement establishing terms for professional management services, including operational control, compensation, and compliance requirements.

find out more

Brand Management Agreement

A Saudi Arabian law-governed agreement establishing terms for professional brand management services, compliant with local regulations and Shariah principles.

find out more

Restaurant Management Agreement

A Saudi Arabian law-governed agreement defining the terms for professional management of a restaurant, including operational, regulatory, and financial arrangements.

find out more

Discretionary Management Agreement

A Saudi Arabian law-governed agreement establishing terms for discretionary investment portfolio management, compliant with CMA regulations and Shariah principles.

find out more

Website Management Contract

A Saudi Arabian law-governed agreement for professional website management services, defining maintenance, security, and support obligations between service provider and client.

find out more

Hotel Management Contract

A Saudi Arabian law-governed agreement between hotel owner and management company for professional hotel operation and management services.

find out more

Account Management Agreement

A Saudi Arabian law-governed agreement establishing terms for account management services, incorporating Shariah compliance and local banking regulations.

find out more

Waste Disposal Agreement

A Saudi Arabian law-governed agreement establishing terms and conditions for professional waste disposal services, including collection, handling, and regulatory compliance requirements.

find out more

Management Partnership Agreement

A Saudi Arabian law-governed agreement establishing a management partnership, defining management rights, responsibilities, and profit-sharing arrangements between partners.

find out more

Management Buyout Agreement

A Saudi Arabia-governed agreement for the acquisition of a company by its management team from existing shareholders, compliant with local laws and Shariah principles.

find out more

Management Agreement Contract

A Saudi Arabian law-governed agreement establishing terms and conditions for management services between a service provider and client company, conforming to local regulations and Sharia principles.

find out more

Stock Management Agreement

A Saudi Arabian law-governed agreement establishing terms for professional stock management services, ensuring compliance with CMA regulations and Shariah principles.

find out more

Construction Management Agreement

A Saudi Arabian law-governed agreement between owner and construction manager defining project management services, responsibilities, and delivery requirements for construction projects.

find out more

Investment Management Contract

A Saudi Arabian law-governed agreement establishing terms for professional investment management services, compliant with CMA regulations and Sharia principles.

find out more

Risk Management Agreement

A Saudi Arabian law-governed agreement establishing professional risk management services framework, including risk assessment, monitoring, and compliance requirements.

find out more

Operating Management Agreement

A Saudi Arabian law-governed agreement establishing terms for operational management of a business/property by an appointed operator, including responsibilities, standards, and compensation.

find out more

Facility Management Contract

A Saudi law-governed agreement for facility management services, outlining service provider obligations and performance requirements in compliance with local regulations and Sharia principles.

find out more

Event Planner Contract Agreement

A Saudi Arabian law-governed agreement between an event planner and client, outlining event planning services, responsibilities, and compliance with local regulations.

find out more

Property Management Contract

A Saudi Arabian law-governed agreement establishing terms for professional property management services, incorporating local real estate regulations and Sharia principles.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.