Shareholder Buy Sell Agreement Template for Saudi Arabia

1. Tag-Along Rights: Include when minority shareholder protection is desired, giving them the right to join in sales to third parties

2. Drag-Along Rights: Include when majority shareholders want the right to force minority shareholders to join in a sale

3. Special Provisions for Family Members: Include when the company is family-owned and requires specific succession planning

4. Foreign Ownership Provisions: Include when any shareholders are non-Saudi nationals, addressing specific regulatory requirements

5. Shariah Board: Include when parties want ongoing Shariah compliance monitoring

6. Management Provisions: Include when share ownership is tied to management positions or employment

7. Put and Call Options: Include when shareholders want specific rights to force purchase or sale under certain conditions

1. Schedule 1 - Current Shareholding Structure: Details of current shareholders and their respective shareholdings

2. Schedule 2 - Share Valuation Formula: Detailed methodology for calculating share value

3. Schedule 3 - Transfer Notice Form: Standard form for initiating share transfers

4. Schedule 4 - Deed of Adherence: Template for new shareholders to become bound by the agreement

5. Schedule 5 - Life Insurance Details: Information about Shariah-compliant life insurance policies funding purchase obligations

6. Appendix A - Corporate Documents: Copies of relevant corporate documents including Commercial Registration

7. Appendix B - Shariah Compliance Certificate: Certification of agreement's compliance with Shariah principles

8. Appendix C - Regulatory Approvals: Copies of required regulatory approvals and permits