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Fee Agreement Contract Template for Saudi Arabia

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Key Requirements PROMPT example:

Fee Agreement Contract

"I need a Fee Agreement Contract for my IT consulting firm based in Riyadh to provide cybersecurity services to a major bank, with monthly retainer fees of 50,000 SAR starting March 2025, including strict confidentiality clauses and service level agreements."

Document background
The Fee Agreement Contract is essential for businesses and professionals operating in Saudi Arabia who need to establish clear, legally-binding arrangements for service fees. This document is specifically designed to comply with Saudi Arabian law and Sharia principles, making it suitable for use in professional services, consulting, and various business arrangements within the Kingdom. The agreement typically covers service scope, fee structures, payment terms, and performance requirements while ensuring adherence to local regulations and Islamic financial principles. It's particularly relevant when establishing ongoing professional relationships or project-based engagements where fee structures need to be clearly defined and documented.
Suggested Sections

1. Parties: Identification of all parties to the agreement, including full legal names, addresses, and registration details

2. Background: Context of the agreement and brief description of the parties' intention to enter into a fee-based arrangement

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

4. Scope of Services: Detailed description of services to be provided under the agreement

5. Fee Structure: Clear outline of fees, including calculation method and amounts

6. Payment Terms: Payment schedule, method, and currency of payment, ensuring Sharia compliance

7. Duration and Termination: Term of the agreement and conditions for termination

8. Obligations of Service Provider: Detailed responsibilities and commitments of the service provider

9. Obligations of Client: Detailed responsibilities and commitments of the client

10. Confidentiality: Provisions regarding confidential information handling

11. Governing Law and Jurisdiction: Specification of Saudi law as governing law and relevant jurisdiction

12. Dispute Resolution: Process for resolving disputes under Saudi law

13. Entire Agreement: Statement that the document represents the complete agreement between parties

Optional Sections

1. Force Majeure: Optional clause addressing unforeseen circumstances that may affect contract performance

2. Assignment: Include if transfer of rights needs to be addressed specifically

3. Intellectual Property: Include when services involve creation or use of intellectual property

4. Insurance: Include when specific insurance requirements need to be maintained

5. Performance Metrics: Include when specific performance standards need to be met

6. Compliance with Laws: Include when specific regulatory compliance needs to be addressed

7. Warranties and Representations: Include when specific guarantees need to be provided

8. Limitation of Liability: Include when liability limits need to be specifically addressed

Suggested Schedules

1. Schedule A - Detailed Scope of Services: Comprehensive breakdown of services to be provided

2. Schedule B - Fee Schedule: Detailed breakdown of fees, rates, and payment structure

3. Schedule C - Service Level Requirements: Specific performance metrics and service standards

4. Schedule D - Required Documentation: List of documents required for service delivery

5. Appendix 1 - Key Personnel: List of key personnel involved in service delivery

6. Appendix 2 - Payment Schedule: Detailed timeline of payment milestones

7. Appendix 3 - Compliance Requirements: Specific regulatory or compliance requirements

Authors

Alex Denne

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

Relevant legal definitions



































Clauses



































Relevant Industries

Professional Services

Consulting

Legal Services

Financial Services

Information Technology

Engineering

Architecture

Management Consulting

Healthcare

Education

Real Estate

Construction

Business Advisory

Relevant Teams

Legal

Finance

Compliance

Operations

Commercial

Business Development

Risk Management

Contract Administration

Project Management

Client Services

Professional Services

Account Management

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

Finance Director

Project Manager

Compliance Officer

Managing Director

Chief Financial Officer

Operations Manager

Commercial Director

Professional Services Manager

Account Executive

Business Manager

Risk Manager

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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