Wholesale Assignment Contract Template for Saudi Arabia

1. Employee Transfer: Used when the assignment includes transfer of employees, detailing the process and obligations

2. Intellectual Property: Required when the assignment includes transfer of trademarks, patents, or other IP rights

3. Tax Provisions: Detailed tax considerations and allocations when significant tax implications exist

4. Competition Restrictions: Non-compete and non-solicitation provisions if required for business protection

5. Government Approvals: When specific regulatory approvals are required for the assignment

6. Third Party Consents: When assignment requires approval from other business partners or stakeholders

7. Islamic Financing Provisions: When the assignment involves Islamic financing structures

8. Force Majeure: When parties want specific provisions for unforeseen circumstances affecting the assignment

1. Schedule 1 - Assigned Assets: Detailed inventory of physical assets, contracts, and rights being assigned

2. Schedule 2 - Existing Contracts: List and details of all contracts being transferred as part of the assignment

3. Schedule 3 - Financial Statements: Relevant financial information and accounts of the wholesale business

4. Schedule 4 - Employee Information: Details of any employees being transferred (if applicable)

5. Schedule 5 - Intellectual Property: List of all IP rights included in the assignment

6. Schedule 6 - Outstanding Liabilities: Detail of any liabilities being transferred or retained

7. Schedule 7 - Completion Requirements: Checklist of actions required for completion of the assignment

8. Appendix A - Required Approvals: List of regulatory and third-party approvals needed

9. Appendix B - Form of Notices: Template notices for informing customers, suppliers, and other stakeholders