Sale Of Business Contract Template for Saudi Arabia

1. Earnout Provisions: Used when part of the purchase price is contingent on future performance

2. Real Estate: Required when the business sale includes transfer of real property

3. Environmental Matters: Necessary for businesses with environmental compliance obligations

4. Government Approvals: Required when the transaction needs specific regulatory approvals

5. Third Party Consents: Used when key contracts or licenses require third party approval for transfer

6. Transitional Services: Included when the seller will provide post-completion support services

7. Foreign Investment Provisions: Required when the purchaser is a foreign entity

8. Zakat and Tax Matters: Detailed tax provisions when complex tax implications exist

9. Shariah Compliance Declaration: Required when specific Shariah compliance confirmation is needed

1. Schedule 1 - Business Assets: Detailed inventory of all assets included in the sale

2. Schedule 2 - Excluded Assets: List of assets specifically excluded from the sale

3. Schedule 3 - Employee List: Complete list of employees and their key employment terms

4. Schedule 4 - Contracts: List of all business contracts being transferred

5. Schedule 5 - Intellectual Property: Detailed list of all IP rights included in the sale

6. Schedule 6 - Properties: Details of any real estate included in the sale

7. Schedule 7 - Permits and Licenses: List of all permits and licenses being transferred

8. Schedule 8 - Completion Deliverables: Checklist of all items to be delivered at completion

9. Appendix A - Financial Statements: Recent financial statements of the business

10. Appendix B - Due Diligence Findings: Summary of key due diligence findings and disclosures