Sales Of Shares Agreement Template for Saudi Arabia

1. Regulatory Approvals: Required when transaction needs approval from Saudi authorities (e.g., SAGIA for foreign investors)

2. Post-Completion Covenants: Used when parties need ongoing obligations after completion

3. Non-Competition: Required when seller needs to be restricted from competing post-sale

4. Tax Indemnity: Important when specific tax risks need to be allocated between parties

5. Earn-out Provisions: Used when part of purchase price is contingent on future performance

6. Break Fee: Included when parties want to specify compensation for transaction failure

7. Employee Matters: Required when transaction impacts key employees or management

8. Shareholder Rights: Needed for partial share sales where seller retains some ownership

9. Islamic Finance Compliance: Required when transaction involves Islamic financing structures

1. Details of the Company: Complete corporate information including registration details, capital structure

2. Details of the Shares: Specific information about shares being transferred including share certificates

3. Purchase Price Calculation: Detailed methodology for calculating final purchase price

4. Completion Requirements: Checklist of documents and actions required for completion

5. Warranties: Detailed warranties and any agreed qualifications or disclosures

6. Properties: List and details of company's real estate assets

7. Material Contracts: Summary of key contracts affecting company value

8. Intellectual Property: List of IP rights owned or used by the company

9. Required Consents: List of third-party and regulatory consents needed

10. Form of Transfer Instruments: Templates for share transfer forms and other required documents