Strategic Technology Partnership Agreement Template for Saudi Arabia

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Strategic Technology Partnership Agreement

"I need a Strategic Technology Partnership Agreement for a collaboration between a Saudi healthcare technology provider and a US-based AI software company, focusing on developing and implementing AI-driven diagnostic tools, with specific attention to Saudi healthcare data protection requirements and local content rules."

Document background

The Strategic Technology Partnership Agreement is essential for organizations seeking to establish long-term technology collaborations in Saudi Arabia. This document is particularly relevant in the context of Saudi Arabia's rapid digital transformation and the increasing need for structured technology partnerships between local and international entities. The agreement template is designed to comply with Saudi law, including Sharia principles, data protection regulations, and local content requirements. It covers crucial elements such as technology transfer, intellectual property rights, data security, commercial terms, and governance structures. The document is specifically tailored for use in technology-focused collaborations where parties contribute distinct technological capabilities, resources, or expertise to achieve common strategic objectives while ensuring compliance with Saudi regulatory requirements.

Suggested Sections

1. Parties: Identification of the contracting parties, including full legal names, commercial registration numbers, and authorized representatives

2. Background: Context of the partnership, including the parties' expertise, objectives, and high-level description of the collaboration

3. Definitions: Detailed definitions of technical terms, partnership-specific terminology, and key concepts used throughout the agreement

4. Scope of Partnership: Detailed description of the partnership's scope, including technological areas of collaboration and geographical coverage

5. Term and Renewal: Duration of the partnership, commencement date, and renewal terms

6. Technology Contribution: Specific technologies, know-how, and resources each party will contribute to the partnership

7. Intellectual Property Rights: Ownership and licensing of pre-existing and newly developed IP, including patents, software, and trade secrets

8. Data Protection and Security: Obligations regarding data handling, security measures, and compliance with Saudi data protection regulations

9. Confidentiality: Protection of confidential information, including technical data, trade secrets, and business information

10. Commercial Terms: Financial arrangements, revenue sharing, and investment commitments

11. Governance Structure: Management of the partnership, decision-making processes, and steering committee structure

12. Performance Metrics: Key performance indicators, milestones, and evaluation criteria

13. Compliance: Obligations to comply with Saudi laws, including technology regulations and Sharia principles

14. Termination: Grounds for termination, notice requirements, and consequences of termination

15. Dispute Resolution: Process for resolving disputes, including jurisdiction and applicable law provisions

Optional Sections

1. Technology Transfer Plan: Detailed plan for technology transfer activities, used when the partnership involves significant technology transfer between parties

2. Local Content Requirements: Commitments to Saudi local content requirements, included when the partnership involves manufacturing or development activities in Saudi Arabia

3. Research and Development: Specific R&D collaboration terms, included when the partnership involves joint research activities

4. Training and Knowledge Transfer: Provisions for technical training and knowledge sharing, included when significant capability building is part of the partnership

5. Export Control: Export control compliance measures, included when the partnership involves international technology transfer or cross-border activities

6. Force Majeure: Provisions for unforeseen circumstances, particularly relevant for long-term technology partnerships

7. Insurance Requirements: Specific insurance obligations, included when the partnership involves high-value technology assets or significant operational risks

Suggested Schedules

1. Technology Specifications: Detailed technical specifications of the technologies involved in the partnership

2. Project Timeline: Detailed implementation schedule and milestone dates

3. Pricing and Payment Terms: Detailed financial terms, including pricing structures and payment schedules

4. Service Level Agreements: Performance standards and service level commitments

5. Governance Procedures: Detailed procedures for partnership management and decision-making

6. Security and Compliance Requirements: Specific technical and operational security requirements

7. Key Personnel: List of key personnel from each party and their roles

8. Technical Integration Plan: Detailed plan for technical integration between parties' systems

9. Data Processing Requirements: Specific requirements for data handling and processing

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Information Technology

Telecommunications

Financial Services

Healthcare

Education

Manufacturing

Energy

Defense & Security

Smart Cities

Artificial Intelligence

Cloud Computing

Digital Transformation

Research & Development

Cybersecurity

E-commerce

Relevant Teams

Legal

Information Technology

Strategy

Business Development

Operations

Research & Development

Innovation

Digital Transformation

Compliance

Commercial

Technical Architecture

Project Management

Partnership Management

Risk Management

Procurement

Relevant Roles

Chief Technology Officer

Chief Information Officer

Chief Digital Officer

Head of Strategic Partnerships

Legal Counsel

Technology Director

Innovation Manager

Business Development Director

Chief Commercial Officer

Compliance Officer

Chief Strategy Officer

Head of IT

Digital Transformation Manager

Technology Operations Manager

Partnership Development Manager

Legal Director

Project Director

Chief Executive Officer

Research & Development Director

Technical Architecture Manager

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