Ƶ

Collaboration Agreement Between Two Companies for Saudi Arabia

Collaboration Agreement Between Two Companies Template for Saudi Arabia

A comprehensive legal document governed by Saudi Arabian law that establishes and regulates a collaborative relationship between two companies. This agreement outlines the terms and conditions of the collaboration, including scope, responsibilities, financial arrangements, governance structure, and risk allocation, while ensuring compliance with both Saudi commercial laws and Sharia principles. The document addresses key aspects such as intellectual property rights, confidentiality, dispute resolution mechanisms, and termination provisions, tailored to meet the specific requirements of Saudi jurisdiction and local business practices.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Collaboration Agreement Between Two Companies

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Collaboration Agreement Between Two Companies?

The Collaboration Agreement Between Two Companies is a vital legal instrument used in Saudi Arabia when two entities wish to establish a formal collaborative relationship without creating a separate legal entity. This document is particularly relevant in the context of Saudi Arabia's Vision 2030, which encourages business partnerships and economic diversification. The agreement must comply with Saudi Arabian law, including both commercial regulations and Sharia principles, making it distinct from similar agreements in other jurisdictions. It typically includes detailed provisions for governance, financial arrangements, intellectual property rights, and risk allocation, while addressing specific local requirements such as commercial registration requirements and regulatory approvals. This type of agreement is commonly used for joint projects, research and development initiatives, strategic alliances, and other forms of business collaboration in the Kingdom.

What sections should be included in a Collaboration Agreement Between Two Companies?

1. Parties: Identification of the collaborating parties, including full legal names, commercial registration numbers, and registered addresses

2. Background: Context of the collaboration, including the parties' respective businesses and general purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Collaboration: Detailed description of the collaboration activities and each party's roles and responsibilities

5. Term and Duration: Period of the collaboration, including commencement date and duration

6. Financial Arrangements: Financial terms, cost sharing, revenue sharing, and payment mechanisms (structured to comply with Sharia principles)

7. Governance: Management structure, decision-making processes, and oversight mechanisms

8. Intellectual Property Rights: Ownership and usage rights of existing and newly created IP

9. Confidentiality: Protection of confidential information and trade secrets

10. Warranties and Representations: Each party's assurances regarding their capacity and authority to enter into the agreement

11. Liability and Indemnification: Allocation of risks and responsibilities between parties

12. Force Majeure: Provisions for unforeseen circumstances preventing performance

13. Termination: Grounds and procedures for termination and its consequences

14. Governing Law and Dispute Resolution: Specification of Saudi law as governing law and dispute resolution mechanisms

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

What sections are optional to include in a Collaboration Agreement Between Two Companies?

1. Personnel Exchange: Terms governing the exchange or secondment of employees between parties, used when collaboration involves staff transfers

2. Export Control: Compliance with export control regulations, included when collaboration involves international trade

3. Shariah Compliance: Detailed provisions ensuring compliance with Islamic finance principles, required for financial collaborations

4. Data Protection: Specific provisions for handling personal data, required when collaboration involves data sharing

5. Insurance: Insurance requirements and obligations, included for high-risk collaborations

6. Competition Compliance: Anti-trust compliance provisions, needed when parties are competitors

7. Environmental Compliance: Environmental protection obligations, relevant for industrial or manufacturing collaborations

8. Local Content Requirements: Provisions addressing Saudi Arabia's local content requirements, relevant for government-linked projects

What schedules should be included in a Collaboration Agreement Between Two Companies?

1. Schedule 1 - Project Plan: Detailed timeline and milestones for the collaboration

2. Schedule 2 - Financial Terms: Detailed breakdown of financial arrangements, including budgets and cost allocation

3. Schedule 3 - Technical Specifications: Technical details and requirements of the collaboration

4. Schedule 4 - Key Personnel: List of key personnel from each party involved in the collaboration

5. Schedule 5 - Governance Procedures: Detailed procedures for steering committee meetings and decision-making

6. Schedule 6 - IP Register: Register of background and foreground intellectual property

7. Schedule 7 - KPIs and Performance Metrics: Performance indicators and measurement criteria

8. Appendix A - Required Notices and Forms: Standard forms and templates for notices, reports, and other communications

9. Appendix B - Compliance Requirements: Detailed compliance requirements including Shariah principles and local regulations

Authors

Alex Denne

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

Jurisdiction

Saudi Arabia

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions





















































Clauses














































Relevant Industries

Technology

Manufacturing

Healthcare

Education

Energy

Financial Services

Construction

Telecommunications

Retail

Transportation

Professional Services

Research & Development

Entertainment

Tourism

Mining

Agriculture

Relevant Teams

Legal

Commercial

Business Development

Operations

Finance

Compliance

Risk Management

Strategy

Corporate Affairs

Project Management

Partnerships

Executive Leadership

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Director

Commercial Director

Business Development Manager

Contract Manager

Project Manager

Chief Financial Officer

Operations Director

Strategy Director

Compliance Officer

Risk Manager

Partnership Manager

General Counsel

Corporate Secretary

Managing Director

Chief Operating Officer

Regional Director

Head of Legal

Senior Legal Counsel

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

Find the exact document you need

Industrial Partner Contract

A Saudi Arabian law-governed agreement establishing industrial partnership terms, including operational, financial, and regulatory compliance requirements.

Download

Venture Capital General Partner Agreement

A Saudi Arabian agreement establishing the General Partner's rights and obligations in managing a venture capital fund, ensuring compliance with local laws and Shariah principles.

Download

Trading Partner Agreement

A Shariah-compliant agreement under Saudi Arabian law that establishes terms and conditions for ongoing trading relationships between commercial partners.

Download

Alliance Agreement

A strategic partnership agreement governed by Saudi Arabian law that establishes terms for collaboration between multiple entities while ensuring compliance with local regulations and Sharia principles.

Download

Software Channel Partner Agreement

A Saudi Arabian law-governed agreement establishing terms for software distribution through channel partners, including licensing, territorial rights, and compliance requirements.

Download

Memorandum Of Understanding Between Partners

A Saudi Arabian law-governed preliminary agreement establishing partnership framework and cooperation principles between parties, aligned with local commercial laws and Sharia requirements.

Download

Agreement For Partnership Deed

A Saudi Arabian legal agreement establishing a business partnership and defining partner relationships, rights, and obligations under Saudi law and Sharia principles.

Download

Software Implementation Partner Agreement

A Saudi Arabian law-governed agreement between a software provider and implementation partner for software deployment and integration services.

Download

Real Estate Joint Venture Proposal

Template for real estate joint venture partnerships in Saudi Arabia, compliant with local regulations and Sharia principles.

Download

Proposal For Joint Venture Letter

A Saudi Arabian law-governed proposal letter outlining key terms and structure for establishing a joint venture between parties, serving as a foundation for detailed negotiations.

Download

Petrol Pump Partnership Agreement

A Saudi Arabian law-governed agreement establishing a partnership for operating a petrol station, including operational, financial, and regulatory requirements.

Download

Partnership Agreement Proposal

A legal document under Saudi Arabian law proposing terms and conditions for establishing a business partnership, including structure, contributions, and responsibilities.

Download

Ending Partnership Agreement

A Saudi Arabian law-governed agreement that formally dissolves a business partnership, outlining asset distribution and settlement terms in compliance with local regulations.

Download

Simple Collaboration Agreement

A Saudi law-governed agreement establishing terms for business collaboration between parties, ensuring compliance with local regulations and Sharia principles.

Download

Reseller Partnership Agreement

A Saudi Arabian law-governed agreement establishing a reseller partnership between supplier and distributor, defining commercial terms and territorial rights.

Download

Non Binding Partnership Agreement

A non-binding agreement outlining proposed partnership terms under Saudi Arabian law, suitable for parties exploring potential business collaboration opportunities.

Download

Start Up Business Partnership Agreement

A Saudi Arabian law-governed agreement establishing partnership terms and operational framework for startup ventures, aligned with local business regulations and Vision 2030.

Download

Simple Partnership Contract

A foundational agreement establishing a business partnership between two or more parties under Saudi Arabian law, outlining key partnership terms and responsibilities.

Download

Joint Venture Partnership Agreement

A Saudi Arabian law-governed agreement establishing a joint venture partnership, detailing business collaboration terms and ensuring regulatory compliance.

Download

Deed Of Partnership Between Two Partners

A legal document under Saudi Arabian law establishing a partnership between two parties, outlining their rights, obligations, and business relationship terms.

Download

Distributorship Contract

A Saudi Arabian law-governed agreement establishing terms and conditions for product distribution between a supplier and distributor within the Kingdom.

Download

Land Partnership Agreement

A Saudi Arabian agreement establishing partnership terms for land ownership and development, governed by local law and Sharia principles.

Download

Authorized Reseller Agreement

A Saudi Arabian law-governed agreement establishing terms and conditions between a supplier and authorized reseller for product distribution.

Download

Software Distributor Agreement

A Saudi Arabian law-governed agreement establishing terms for software distribution rights, obligations, and commercial relationships between software suppliers and distributors.

Download

Social Media Partnership Agreement

A Saudi Arabian law-governed agreement establishing terms and conditions for social media partnerships, content creation, and digital marketing collaboration.

Download

Partnership Deed

A legal document under Saudi Arabian law establishing a partnership between two or more parties, defining their rights, obligations, and business relationship.

Download

Simple General Partnership Agreement

A Saudi Arabian law-governed agreement establishing a general partnership, defining partners' rights, obligations, and operational framework in accordance with local regulations.

Download

Partnership Agreement Termination Letter

A formal document used to terminate business partnerships in Saudi Arabia, complying with Saudi Commercial Law and outlining dissolution terms and settlements.

Download

Limited Company Partnership Agreement

A Saudi Arabian law-governed agreement establishing a Limited Liability Company partnership, defining partner relationships, capital contributions, and management structure.

Download

Collaboration Partnership Agreement

A Saudi law-governed agreement establishing terms and conditions for collaborative partnerships between multiple parties, ensuring compliance with local regulations and Sharia principles.

Download

Vacation Home Partnership Agreement

A Saudi Arabian law-governed agreement establishing shared ownership and management terms for a vacation property, including usage rights and partner obligations.

Download

Technology Partnership Agreement

A Saudi Arabian law-governed agreement establishing terms and conditions for technology partnerships, including IP rights, data protection, and technical collaboration frameworks.

Download

Strategic Technology Partnership Agreement

A Saudi law-governed agreement template for strategic technology partnerships, incorporating local regulatory requirements and Sharia compliance.

Download

Startup Partnership Agreement

A Saudi Arabian law-governed agreement establishing partnership terms and regulations for startup ventures, including capital structure, management rights, and operational framework.

Download

Software Partnership Agreement

A Saudi Arabian law-governed agreement establishing terms for software partnership, including development, licensing, and operational collaboration.

Download

Software Partner Agreement

A Saudi Arabian law-governed agreement establishing terms and conditions for software partnership arrangements, including licensing, distribution, and revenue sharing.

Download

Shareholders Agreement Joint Venture

A Saudi law-governed agreement establishing terms and conditions between joint venture shareholders, including governance, operations, and exit provisions.

Download

Revenue Share Partnership Agreement

A Saudi Arabian law-governed agreement establishing terms for revenue sharing partnerships, including profit distribution mechanics and operational framework.

Download

Restaurant Profit Sharing Agreement

A Saudi Arabian law-governed agreement establishing profit-sharing arrangements and operational terms between parties in a restaurant business venture.

Download

Sales Cooperation Agreement

A Saudi Arabian law-governed agreement establishing terms for cooperative sales activities between parties, including territory rights, commissions, and compliance requirements.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it