Market Research Agreement Template for Saudi Arabia

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Key Requirements PROMPT example:

Market Research Agreement

"I need a Market Research Agreement for a consumer behavior study in Saudi Arabia's retail sector, where my international research firm will conduct both online surveys and in-person focus groups for a local department store chain, with work starting in March 2025."

Document background
The Market Research Agreement is a vital document for organizations conducting or commissioning market research activities in Saudi Arabia. It is typically used when a company needs to engage professional research services to gather market intelligence, consumer insights, or industry data within the Kingdom. The agreement ensures compliance with Saudi Arabian laws, including data protection regulations and Shariah principles, while protecting both parties' interests. It covers essential elements such as research scope, methodology, timelines, deliverables, confidentiality obligations, and intellectual property rights. This document is particularly important given Saudi Arabia's evolving business landscape and the increasing need for reliable market data to support business decisions in the region. It's designed to accommodate both traditional and digital research methodologies while maintaining alignment with local regulatory requirements.
Suggested Sections

1. Parties: Identification of the research company and the client, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement and brief description of the parties' intentions

3. Definitions: Detailed definitions of key terms used throughout the agreement, including technical research terminology

4. Scope of Services: Detailed description of the market research services to be provided, including methodology and deliverables

5. Term and Timeline: Duration of the agreement and key project milestones

6. Payment Terms: Fee structure, payment schedule, and currency specifications

7. Confidentiality: Obligations regarding confidential information and research data

8. Data Protection: Compliance with Saudi data protection laws and handling of personal information

9. Intellectual Property Rights: Ownership and usage rights of research results and materials

10. Warranties and Representations: Guarantees regarding service quality and compliance with local laws

11. Limitation of Liability: Boundaries of liability for both parties

12. Termination: Conditions and procedures for ending the agreement

13. Force Majeure: Provisions for unforeseen circumstances preventing performance

14. Governing Law and Jurisdiction: Specification of Saudi law as governing law and jurisdiction for disputes

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

Optional Sections

1. Research Panel Requirements: Used when specific demographic or participant criteria are needed for the research

2. International Data Transfer: Required when research data will be processed or stored outside Saudi Arabia

3. Subcontracting: Include when the research company may need to engage third-party service providers

4. Non-Compete: Optional restrictions on conducting similar research for competitors

5. Translation Requirements: Include when research materials need to be provided in multiple languages

6. Shariah Compliance: Specific provisions ensuring compliance with Islamic law principles

7. Insurance: Requirements for professional indemnity and other relevant insurance coverage

8. Quality Control: Specific quality assurance measures and standards to be followed

Suggested Schedules

1. Schedule 1 - Research Specification: Detailed description of research objectives, methodology, and deliverables

2. Schedule 2 - Fee Schedule: Breakdown of costs, payment milestones, and expense policies

3. Schedule 3 - Timeline: Detailed project timeline with key milestones and deliverable dates

4. Schedule 4 - Data Protection Protocol: Specific procedures for handling personal data and ensuring compliance with Saudi data protection laws

5. Schedule 5 - Reporting Templates: Format and content requirements for research reports and presentations

6. Appendix A - Key Personnel: List of key team members and their roles in the research project

7. Appendix B - Research Tools: Details of survey instruments, discussion guides, or other research tools to be used

8. Appendix C - Quality Standards: Specific quality control measures and industry standards to be followed

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

Retail

Financial Services

Healthcare

Technology

Consumer Goods

Manufacturing

Professional Services

Entertainment

Education

Real Estate

Telecommunications

Energy

Automotive

Food and Beverage

Tourism

Media

Relevant Teams

Legal

Marketing

Market Research

Procurement

Business Development

Compliance

Operations

Strategy

Commercial

Data Protection

Finance

Project Management

Relevant Roles

Research Director

Marketing Manager

Business Development Manager

Legal Counsel

Procurement Manager

Market Intelligence Analyst

Chief Marketing Officer

Commercial Director

Compliance Officer

Project Manager

Strategy Director

Operations Manager

Data Protection Officer

Research Analyst

Contract Manager

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

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