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1. Parties: Full legal names and addresses of all parties involved, including registration numbers for companies
2. Background: Context of the pre-agreement, including the parties' intentions and general purpose of the contemplated transaction
3. Definitions: Key terms used throughout the document, ensuring clarity and consistent interpretation
4. Purpose and Scope: Clear statement of the pre-agreement's objectives and the scope of the proposed transaction
5. Duration and Term: Period during which the pre-agreement remains valid and any extension provisions
6. Good Faith Negotiations: Commitment to negotiate the final agreement in good faith
7. Confidentiality: Obligations regarding the protection of confidential information exchanged during negotiations
8. Exclusivity: If applicable, terms preventing parties from negotiating with other parties during the pre-agreement period
9. Costs and Expenses: How costs related to negotiations and due diligence will be allocated between parties
10. Governing Law and Jurisdiction: Specification of Saudi Arabian law as governing law and relevant jurisdiction for disputes
11. Termination: Circumstances under which the pre-agreement may be terminated
12. Binding and Non-Binding Provisions: Clear identification of which provisions are legally binding and which are not
13. Signatures: Execution block for authorized signatories of all parties
1. Due Diligence: Framework for conducting due diligence investigations, used when significant investigation is required
2. Conditions Precedent: Specific conditions that must be met before proceeding to final agreement, included for complex transactions
3. Break Fee: Provisions for compensation if one party withdraws from negotiations, used in high-value transactions
4. Interim Covenants: Obligations of parties during the negotiation period, included when ongoing business operations are involved
5. Shariah Compliance: Specific provisions ensuring compliance with Islamic law principles, required for certain types of transactions
6. Regulatory Approvals: Framework for obtaining necessary regulatory approvals, included when regulated industries are involved
7. Intellectual Property Protection: Special provisions protecting IP rights during negotiations, used when IP is central to discussions
1. Schedule 1 - Timeline: Proposed timeline for negotiations and completion of the final agreement
2. Schedule 2 - Required Documentation: List of documents required from each party for due diligence
3. Schedule 3 - Transaction Structure: Preliminary outline of the proposed transaction structure
4. Schedule 4 - Key Terms: Principal terms to be included in the final agreement
5. Appendix A - Contact Details: Key contact persons for each party involved in negotiations
6. Appendix B - Confidentiality Terms: Detailed confidentiality provisions and procedures
7. Appendix C - Required Approvals: List of regulatory and corporate approvals required
Real Estate
Banking & Finance
Manufacturing
Technology
Healthcare
Energy & Resources
Construction
Retail & Consumer
Transportation & Logistics
Telecommunications
Education
Professional Services
Legal
Corporate Development
Mergers & Acquisitions
Business Development
Executive Leadership
Finance
Compliance
Risk Management
Strategy
Operations
Chief Executive Officer
Managing Director
Legal Counsel
Corporate Lawyer
Business Development Manager
Investment Director
Chief Financial Officer
Commercial Director
Compliance Officer
Strategy Director
Operations Manager
Project Manager
Risk Manager
General Counsel
Company Secretary
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