The Senior Advisor Agreement is a critical document used when engaging high-level external expertise in Saudi Arabia. It is designed to comply with Saudi Arabian legal requirements while protecting both the company's and advisor's interests. This document is particularly relevant when organizations seek strategic guidance, specialized knowledge, or industry expertise from experienced professionals. The agreement typically includes comprehensive terms covering services, compensation, confidentiality, and compliance with local regulations, making it suitable for both Saudi and international advisors working with Saudi entities. The document must align with Saudi Labor Law, commercial regulations, and where applicable, foreign investment rules, while respecting local business customs and practices.
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1. Parties: Identification of the company and the advisor, including full legal names and addresses
2. Background: Context of the appointment and brief description of the advisor's expertise and the company's requirements
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Formal appointment of the advisor and duration of the agreement
5. Scope of Services: Detailed description of advisory services to be provided
6. Advisor's Obligations: Key responsibilities, availability, and performance standards
7. Company's Obligations: Support, information, and resources to be provided by the company
8. Fees and Expenses: Compensation structure, payment terms, and reimbursable expenses
9. Confidentiality: Protection of confidential information and trade secrets
10. Intellectual Property: Ownership and rights to materials created during the engagement
11. Compliance with Laws: Obligation to comply with Saudi laws and regulations
12. Termination: Grounds for termination and notice requirements
13. Post-Termination Obligations: Continuing obligations after agreement ends
14. General Provisions: Standard legal clauses including notices, amendments, and governing law
1. Non-Competition: Restrictions on advisor's competitive activities, if required by the company
2. Performance Metrics: Specific KPIs or performance standards, if measurable outcomes are required
3. Insurance: Professional indemnity and other insurance requirements, if needed for high-risk advisory
4. Travel Requirements: Terms for international or domestic travel, if regular travel is expected
5. Committee Participation: Terms for participation in company committees or boards, if applicable
6. Force Majeure: Provisions for unforeseen circumstances preventing performance
7. Succession Planning: Requirements for knowledge transfer and succession, if long-term engagement
8. Shariah Compliance: Specific provisions ensuring compliance with Islamic law, if required
1. Schedule 1 - Services Description: Detailed scope of advisory services and deliverables
2. Schedule 2 - Fee Structure: Detailed breakdown of fees, payment schedule, and expense policies
3. Schedule 3 - Key Contacts: List of key personnel and reporting relationships
4. Schedule 4 - Service Levels: Specific performance standards and response times
5. Schedule 5 - Compliance Requirements: Specific Saudi regulatory requirements applicable to the role
6. Appendix A - Code of Conduct: Company's code of conduct and ethical requirements
7. Appendix B - Confidentiality Agreement: Detailed confidentiality terms and requirements
8. Appendix C - Powers of Attorney: If advisor needs specific authorities to act on company's behalf
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