Sponsorship Broker Agreement Template for Saudi Arabia

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Key Requirements PROMPT example:

Sponsorship Broker Agreement

"I need a Sponsorship Broker Agreement for my technology company expanding into Saudi Arabia, with particular focus on compliance with local tech sector regulations and handling of sensitive data, as we plan to engage a broker to facilitate sponsorship for 50+ international IT professionals starting March 2025."

Document background
The Sponsorship Broker Agreement is essential for businesses operating in Saudi Arabia that require professional assistance in navigating the country's sponsorship (Kafala) system. This document is particularly relevant in the context of Saudi Arabia's evolving business landscape and regulatory framework, where companies often need specialized intermediaries to facilitate various sponsorship arrangements. The agreement ensures compliance with Saudi Arabian laws, including Commercial Agency Law, Labor Law, and Sharia principles, while protecting both the broker's and client's interests. It details the scope of services, fee structures, compliance requirements, and operational procedures, making it a crucial document for establishing clear professional relationships in sponsorship facilitation services.
Suggested Sections

1. Parties: Identification of the broker and the client, including commercial registration details and necessary licenses

2. Background: Context of the agreement, including the client's need for sponsorship services and broker's qualifications

3. Definitions: Key terms used in the agreement, including specific Saudi legal and regulatory terminology

4. Appointment and Scope: Formal appointment of the broker and detailed scope of sponsorship services to be provided

5. Broker's Obligations: Detailed responsibilities including due diligence, compliance with Saudi regulations, and service standards

6. Client's Obligations: Client's responsibilities including information provision, cooperation, and compliance with local laws

7. Fees and Payment Terms: Fee structure, payment schedule, and currency, ensuring Sharia compliance

8. Term and Termination: Duration of the agreement and circumstances for termination, including notice periods

9. Confidentiality: Protection of confidential information and trade secrets

10. Compliance: Obligations to comply with Saudi laws, anti-money laundering regulations, and Sharia principles

11. Liability and Indemnification: Extent of broker's liability and mutual indemnification provisions

12. Force Majeure: Events excusing performance, adapted to Saudi law context

13. Governing Law and Jurisdiction: Confirmation of Saudi law governance and jurisdiction of Saudi courts

14. Notices: Process for formal communications between parties

15. General Provisions: Standard clauses including amendments, assignment, and entire agreement provisions

Optional Sections

1. Anti-corruption: Detailed anti-corruption provisions when dealing with government entities or high-value sponsorships

2. Insurance: Insurance requirements when broker's services involve high-value transactions or specific risks

3. Intellectual Property: IP protection clauses when the services involve use of client's brands or proprietary information

4. Data Protection: Specific data handling requirements when personal data processing is involved

5. Non-Competition: Restrictions on broker's activities with competitors, if required by client

6. Shariah Compliance Declaration: Specific declaration of Shariah compliance when required by client or for Islamic financial institutions

7. Sub-contractors: Terms for engaging sub-contractors when broker may need to delegate certain services

8. Service Levels: Detailed service level requirements for complex or high-value sponsorship arrangements

Suggested Schedules

1. Schedule 1 - Services Description: Detailed breakdown of sponsorship services to be provided

2. Schedule 2 - Fee Schedule: Detailed fee structure, payment milestones, and calculation methods

3. Schedule 3 - Required Documentation: List of documents required for sponsorship processing

4. Schedule 4 - Compliance Checklist: Regulatory compliance requirements and verification procedures

5. Schedule 5 - Service Level Requirements: Specific performance metrics and service standards

6. Appendix A - Broker's Licenses: Copies of broker's commercial registration and relevant licenses

7. Appendix B - Power of Attorney: Standard form of power of attorney for broker's authority

8. Appendix C - Contact Details: Key contact information for both parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Professional Services

Manufacturing

Construction

Oil & Gas

Technology

Healthcare

Education

Retail

Hospitality

Financial Services

Telecommunications

Transportation & Logistics

Real Estate

Mining

Defense & Security

Relevant Teams

Legal

Human Resources

Compliance

Operations

Commercial

Business Development

Administration

Risk Management

Finance

Procurement

Corporate Governance

Relevant Roles

Legal Counsel

Compliance Officer

HR Director

Operations Manager

Commercial Director

Business Development Manager

Country Manager

Managing Director

Chief Executive Officer

Procurement Manager

Risk Manager

Administrative Director

General Counsel

Corporate Secretary

Finance Director

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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