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1. Parties: Identification of all parties to the agreement, including their legal status and registration details
2. Background: Context of the agreement, business relationship between parties, and purpose of the cost sharing arrangement
3. Definitions: Detailed definitions of terms used throughout the agreement, including specific cost categories and allocation methods
4. Scope of Cost Sharing: Detailed description of costs to be shared and activities covered under the agreement
5. Cost Allocation Method: Methodology for calculating and allocating costs between parties, including allocation keys and formulas
6. Payment Terms: Terms and conditions for payments, including timing, currency, and payment methods
7. Record Keeping and Audit Rights: Requirements for maintaining financial records and rights of parties to audit shared costs
8. Confidentiality: Provisions protecting confidential information shared during the cost sharing arrangement
9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
10. Governing Law and Jurisdiction: Specification of Saudi Arabian law as governing law and jurisdiction for dispute resolution
11. General Provisions: Standard contractual provisions including force majeure, notices, and amendments
1. Intellectual Property Rights: Provisions dealing with IP rights when shared costs involve development of intellectual property
2. Employee Sharing: Specific provisions for sharing employee costs and defining employment responsibilities when applicable
3. Tax and Zakat Considerations: Specific provisions addressing tax and Zakat implications of the cost sharing arrangement
4. Insurance Requirements: Insurance obligations of parties when shared activities require specific insurance coverage
5. Change Control Procedure: Process for managing changes to cost sharing arrangements or allocation methods
6. Service Level Agreements: Performance standards when cost sharing involves service provision between parties
1. Schedule 1 - Cost Categories: Detailed list and description of all cost categories included in the sharing arrangement
2. Schedule 2 - Allocation Keys: Detailed formulas and methodologies for cost allocation
3. Schedule 3 - Billing and Payment Procedures: Specific procedures for billing, invoicing, and payment processing
4. Schedule 4 - Reporting Templates: Standard templates for regular cost reporting and reconciliation
5. Schedule 5 - Authorized Representatives: List of authorized representatives from each party responsible for cost sharing administration
6. Appendix A - Initial Cost Estimates: Baseline cost estimates and projected allocations
7. Appendix B - Compliance Requirements: Specific Saudi Arabian regulatory requirements affecting the cost sharing arrangement
Oil & Gas
Construction
Manufacturing
Technology
Healthcare
Financial Services
Real Estate Development
Transportation & Logistics
Telecommunications
Professional Services
Mining & Minerals
Retail & Consumer Goods
Education
Energy & Utilities
Legal
Finance
Compliance
Operations
Commercial
Project Management
Risk Management
Treasury
Corporate Development
Strategic Planning
Joint Venture Management
Business Development
Contract Administration
Chief Financial Officer
Financial Controller
Legal Counsel
Commercial Director
Project Manager
Operations Director
Compliance Officer
Finance Manager
Contract Manager
Business Development Manager
Strategic Planning Director
Risk Manager
Treasury Manager
Joint Venture Manager
Corporate Services Director
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