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1. Parties: Identification of all partners, including full legal names, addresses, and commercial registration details
2. Background: Context of the partnership formation and brief description of partners' intention to collaborate
3. Definitions and Interpretation: Key terms used throughout the agreement and rules for interpreting the document
4. Partnership Structure: Legal form of partnership, registration details, and compliance with Saudi regulations
5. Purpose and Scope: Detailed description of partnership business activities and objectives
6. Capital Contributions: Details of initial and any subsequent capital contributions from each partner
7. Profit and Loss Sharing: Distribution of profits and allocation of losses among partners
8. Management and Decision Making: Partnership management structure, voting rights, and decision-making processes
9. Rights and Obligations of Partners: Detailed responsibilities and rights of each partner
10. Banking and Financial Matters: Banking arrangements, accounting practices, and financial management
11. Duration and Term: Partnership duration and renewal provisions
12. Termination: Circumstances and procedures for partnership termination
13. Governing Law and Jurisdiction: Confirmation of Saudi law application and dispute resolution mechanisms
14. General Provisions: Standard clauses including notices, amendments, and entire agreement provisions
1. Non-Competition and Confidentiality: Restrictions on competing activities and protection of partnership information, used when sensitive business information is involved
2. Intellectual Property Rights: Ownership and use of IP within the partnership, included when IP is relevant to the business
3. Religious Compliance: Specific provisions ensuring compliance with Sharia principles, included when partners require explicit religious compliance
4. Foreign Partner Provisions: Special provisions for foreign partners' rights and obligations, included when there are non-Saudi partners
5. Assignment and Transfer of Interest: Rules for transferring partnership interests, included when partners want flexibility in ownership changes
6. Death or Incapacity: Procedures in case of partner death or incapacity, important for family businesses or long-term partnerships
7. Additional Capital Contributions: Procedures for future capital calls, included when business may require additional funding
8. Dispute Resolution: Detailed alternative dispute resolution procedures, included when partners want specific resolution mechanisms
1. Schedule 1: Capital Contributions: Detailed breakdown of each partner's initial capital contributions
2. Schedule 2: Profit Sharing Ratios: Detailed formulas and mechanisms for profit distribution
3. Schedule 3: Business Plan: Initial business plan and strategic objectives
4. Schedule 4: Partner Details: Comprehensive partner information including contact details and representatives
5. Schedule 5: Management Procedures: Detailed operational and management procedures
6. Appendix A: Required Governmental Approvals: List of necessary licenses and permits
7. Appendix B: Partnership Assets: Inventory of partnership assets and their valuation
8. Appendix C: Banking Arrangements: Details of authorized signatories and banking procedures
Retail
Manufacturing
Professional Services
Technology
Construction
Trading
Consulting
Real Estate
Healthcare
Education
Hospitality
Logistics
Agriculture
Financial Services
Industrial Services
Legal
Finance
Compliance
Corporate Governance
Business Development
Operations
Risk Management
Strategic Planning
Investment
Corporate Affairs
Administrative
Chief Executive Officer
Managing Director
Legal Counsel
Business Development Manager
Chief Financial Officer
Company Secretary
Operations Director
Partnership Manager
Compliance Officer
Risk Manager
Investment Manager
Corporate Lawyer
Business Owner
Entrepreneur
Financial Controller
Strategic Planning Director
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