Royalty Distribution Agreement Template for Saudi Arabia

1. Currency Exchange: Required when payments involve multiple currencies, specifying exchange rates and handling of fluctuations

2. International Distribution: Needed when rights are distributed across multiple territories or jurisdictions

3. Minimum Guarantee: Optional section for establishing minimum royalty payments

4. Sub-licensing Rights: Include when sub-licensing is permitted, detailing conditions and revenue sharing

5. Quality Control: Important for agreements involving branded products or services

6. Force Majeure: Provisions for unforeseen circumstances preventing performance

7. Anti-corruption Compliance: Required when dealing with international parties or public sector entities

8. Sharia Compliance Declaration: Specific declaration of Sharia compliance, recommended for contracts involving Islamic financial institutions

1. Schedule 1 - Rights Schedule: Detailed description of intellectual property rights covered by the agreement

2. Schedule 2 - Royalty Rates: Detailed breakdown of royalty rates, including any variations by territory or product type

3. Schedule 3 - Reporting Template: Standard format for periodic royalty reports

4. Schedule 4 - Approved Sub-licensees: List of pre-approved sub-licensees if applicable

5. Schedule 5 - Territory Definitions: Detailed description of geographical territories covered

6. Schedule 6 - Quality Standards: Specific quality requirements and standards to be maintained

7. Appendix A - Payment Procedures: Detailed procedures for calculating and processing royalty payments

8. Appendix B - Audit Procedures: Specific procedures for conducting royalty audits