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1. Parties: Identification of all partners, including full legal names, addresses, and national ID/commercial registration numbers
2. Background: Context of the partnership formation, business purpose, and brief description of each partner's role
3. Definitions: Definitions of key terms used throughout the agreement
4. Partnership Structure: Legal form of partnership, registration details, and compliance with Saudi Companies Law
5. Capital Contributions: Details of initial and future capital contributions, including valuation of non-cash contributions
6. Ownership and Profit Sharing: Partnership ownership percentages and profit/loss distribution mechanism
7. Management and Control: Management structure, decision-making processes, and voting rights
8. Partners' Duties and Obligations: Specific responsibilities, commitments, and expectations from each partner
9. Intellectual Property Rights: Ownership and protection of IP, including pre-existing IP and newly developed IP
10. Confidentiality: Protection of confidential information and trade secrets
11. Term and Termination: Duration of partnership and conditions for termination
12. Dispute Resolution: Process for resolving disputes, including jurisdiction and applicable law
13. General Provisions: Standard legal clauses including notices, amendments, and severability
1. Non-Compete and Non-Solicitation: Restrictions on competitive activities and employee solicitation, used when partners have existing businesses or industry connections
2. Islamic Finance Compliance: Specific provisions ensuring compliance with Sharia principles, required when partners want explicit Islamic finance structuring
3. Foreign Investment Provisions: Additional clauses required when one or more partners are non-Saudi nationals
4. Technology Transfer: Specific provisions for technology transfer and licensing, used when the startup involves significant technology components
5. Future Funding: Framework for future investment rounds and capital raises, important for startups planning significant growth
6. Exit Strategy: Detailed provisions for partner exit, buyout procedures, and IPO possibilities, important for ventures with clear exit goals
7. Employee Stock Option Pool: Structure and management of employee stock options, relevant for startups planning to offer equity incentives
8. Related Party Transactions: Guidelines for handling business dealings with related parties, important when partners have other business interests
1. Schedule 1: Business Plan: Detailed business plan including market analysis, financial projections, and growth strategy
2. Schedule 2: Initial Capital Contributions: Detailed breakdown of each partner's initial capital contributions, including valuation methods for non-cash contributions
3. Schedule 3: Intellectual Property Register: List of all intellectual property owned by or licensed to the partnership
4. Schedule 4: Key Performance Indicators: Specific metrics for measuring partnership and individual partner performance
5. Schedule 5: Management Structure: Detailed organizational chart and management responsibilities
6. Appendix A: Partner Information: Detailed information about each partner, including relevant experience and qualifications
7. Appendix B: Compliance Checklist: List of regulatory requirements and compliance obligations under Saudi law
8. Appendix C: Financial Procedures: Detailed procedures for financial management, reporting, and profit distribution
Technology
E-commerce
Financial Services
Healthcare
Education Technology
Clean Energy
Digital Media
Manufacturing
Logistics
Food and Beverage
Real Estate Technology
Agricultural Technology
Entertainment
Professional Services
Retail Innovation
Legal
Corporate Development
Executive Leadership
Finance
Business Development
Venture Capital
Corporate Strategy
Operations
Investment
Compliance
Innovation
CEO
Founder
Co-Founder
Chief Legal Officer
General Counsel
Business Development Director
Investment Manager
Startup Advisor
Legal Counsel
Managing Partner
Chief Financial Officer
Chief Technology Officer
Chief Operations Officer
Venture Capital Associate
Corporate Lawyer
Entrepreneurship Director
Innovation Manager
Partnership Manager
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