Release And Indemnification Form Template for Saudi Arabia

1. Shariah Compliance Declaration: Statement confirming the agreement's compliance with Shariah principles - used when either party requires explicit Shariah compliance confirmation

2. Survival Clause: Specifies which provisions survive termination - used in complex arrangements where certain obligations need to continue

3. Insurance Requirements: Details of required insurance coverage - included when indemnification is tied to specific insurance obligations

4. Dispute Resolution: Alternative dispute resolution procedures - used when parties prefer specific dispute resolution mechanisms

5. Confidentiality: Provisions regarding confidentiality of the release terms - used when settlement details need to remain private

6. Third Party Rights: Provisions affecting rights of third parties - included when release impacts parties beyond the immediate signatories

7. Currency and Payment Terms: Specific payment details - included when monetary consideration is involved

1. Schedule A - Released Claims: Detailed list of specific claims, causes of action, or rights being released

2. Schedule B - Excluded Claims: List of claims specifically excluded from the release

3. Schedule C - Indemnified Parties: Complete list of all parties covered by the indemnification provisions

4. Appendix 1 - Supporting Documents: Relevant background documents or evidence referenced in the release

5. Appendix 2 - Required Notices: Forms and procedures for providing notice under the agreement

6. Appendix 3 - Payment Schedule: Details of any payment arrangements if monetary consideration is involved