Vested Equity Agreement Template for Saudi Arabia

1. Shareholder Rights: Additional section for cases where the equity grant includes specific shareholder rights or obligations

2. Board Representation: Required when the equity grant includes rights to board representation or observer status

3. Lock-up Period: Additional restrictions on share transfers for a specified period post-vesting

4. Tag-Along Rights: Include when minority shareholder protections are necessary

5. Drag-Along Rights: Include when majority shareholder rights need to be protected

6. Islamic Finance Compliance: Detailed section on Sharia compliance when required by parties or circumstances

7. Employee Benefits: Additional benefits or rights tied to the equity grant for employee recipients

8. Intellectual Property Rights: Required for recipients involved in technical or creative roles

1. Schedule 1 - Vesting Schedule Details: Detailed breakdown of vesting dates, percentages, and milestones

2. Schedule 2 - Share Certificate: Form of share certificate or evidence of ownership

3. Schedule 3 - Company Information: Details of company structure, capitalization, and existing shareholders

4. Schedule 4 - Shareholders' Agreement Terms: Key terms from the existing shareholders' agreement affecting the grant

5. Schedule 5 - Performance Metrics: Detailed criteria for performance-based vesting conditions

6. Schedule 6 - Required Notices and Forms: Templates for necessary notifications and regulatory filings

7. Appendix A - Board and Shareholder Resolutions: Copies of corporate approvals for the equity grant

8. Appendix B - Regulatory Approvals: Copies of any required regulatory or governmental approvals