Waiver And Release Agreement Template for Saudi Arabia

1. Confidentiality: Include when the waiver involves sensitive information that needs to be kept confidential

2. Future Claims: Optional section addressing whether future or unknown claims are included in the release

3. Indemnification: Include when one party needs to protect the other from third-party claims

4. Severability: Include when there's a need to ensure remaining provisions survive if some are found invalid

5. Islamic Law Compliance: Detailed section confirming compliance with Sharia principles, particularly relevant for complex transactions

6. Non-Admission of Liability: Include when the releasing party wants to explicitly state that the release doesn't constitute admission of wrongdoing

7. Return of Property: Include when physical items or documents need to be returned as part of the release

8. Non-Disparagement: Include when parties wish to prevent negative statements about each other after the release

1. Schedule A - Released Claims: Detailed list of specific claims, rights, or actions being waived

2. Schedule B - Excluded Claims: List of claims specifically excluded from the waiver and release

3. Schedule C - Related Agreements: List of any related agreements or documents affected by or referenced in the release

4. Appendix 1 - Required Documents: List of supporting documents required for the waiver to be effective

5. Appendix 2 - Payment Terms: Details of any financial consideration, including payment schedule if applicable

6. Appendix 3 - Execution Requirements: Specific requirements for execution under Saudi law, including witnessing and notarization requirements