The Shareholder Subscription Agreement is a critical document used when a company is issuing new shares to investors in Saudi Arabia. It serves as the primary legal instrument for documenting share subscriptions, whether in the context of a private placement, capital increase, or initial public offering. The agreement must comply with the Saudi Arabian Companies Law, Capital Market Authority regulations, and other relevant local laws and regulations. It typically includes detailed provisions on subscription terms, payment mechanisms, representations and warranties, conditions precedent, and completion requirements. The document needs to address specific local requirements such as Shariah compliance (where applicable), foreign ownership restrictions, and necessary regulatory approvals. It's particularly important in the Saudi Arabian context due to the unique regulatory environment and the need to balance international business practices with local legal requirements.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of the Company and the Subscriber(s), including full legal names and details as required by Saudi law
2. Background: Recitals explaining the context of the subscription, company's status, and authorization for share issuance
3. Definitions and Interpretation: Key terms used in the agreement and rules of interpretation, including Arabic/English language precedence
4. Subscription and Payment: Details of shares being subscribed for, subscription price, and payment terms
5. Completion: Conditions precedent, completion mechanics, and timing requirements
6. Warranties and Representations: Standard warranties from both the Company and Subscriber, including Shariah compliance confirmations
7. Subscriber's Undertakings: Pre and post-completion obligations of the subscriber
8. Company's Undertakings: Obligations of the company regarding the subscription shares and corporate actions
9. Regulatory Compliance: Compliance with Saudi laws, CMA regulations, and other applicable requirements
10. Confidentiality: Obligations regarding confidential information and announcements
11. Notices: Process for serving notices and communications
12. General Provisions: Standard boilerplate clauses including entire agreement, variations, and severability
13. Governing Law and Jurisdiction: Saudi law as governing law and jurisdiction of Saudi courts
1. Tag-Along Rights: Include when existing shareholders require protection in case of future share transfers
2. Drag-Along Rights: Include when majority shareholders want the right to force minority shareholders to join in a sale
3. Anti-dilution Protection: Include for minority shareholders requiring protection against future dilutive share issues
4. Board Representation: Include when subscriber is to receive board representation rights
5. Dividend Policy: Include when specific dividend arrangements are agreed
6. Share Transfer Restrictions: Include when specific transfer restrictions beyond statutory requirements are needed
7. Islamic Finance Provisions: Include specific Shariah compliance provisions when required by parties or financing structure
1. Subscription Details: Details of shares, price per share, and total subscription amount
2. Form of Completion Certificate: Template certificate confirming completion of subscription requirements
3. Company Information: Key corporate information including shareholding structure and corporate documents
4. Warranties: Detailed warranties from both Company and Subscriber
5. Required Regulatory Approvals: List of required governmental and regulatory approvals
6. Form of Board Resolution: Template board resolution approving the subscription
7. KYC Requirements: List of required KYC documents and forms as per Saudi regulations
8. Shariah Compliance Certificate: If applicable, certificate from Shariah advisor confirming compliance
Find the exact document you need
Restaurant Shareholder Agreement
A Saudi Arabian law-governed agreement establishing rights, obligations, and governance structure between shareholders in a restaurant business.
Download
Minority Protection Rights Shareholders Agreement
A Saudi Arabian law-governed agreement establishing minority shareholder protections, including voting rights, board representation, and exit mechanisms.
Download
Closely Held Corporation Shareholder Agreement
A Saudi Arabian law-governed agreement establishing shareholders' rights and obligations in a closely held corporation, including governance, share transfers, and dispute resolution mechanisms.
Download
Mou For Shareholders Agreement
A preliminary agreement under Saudi Arabian law outlining key terms for a future shareholders agreement, establishing framework for corporate ownership and governance.
Download
Shareholders Agreement Contract
A Saudi Arabian law-governed agreement defining shareholders' rights, obligations, and relationships in a company, ensuring compliance with local regulations and Sharia principles.
Download
New Shareholder Agreement
A Saudi Arabian law-governed agreement establishing rights and obligations between company shareholders, compliant with local regulations and Sharia principles.
Download
Directors Agreement
A Saudi Arabian law-governed agreement establishing the terms, duties, and obligations between a company and its director.
Download
Shareholder Termination Agreement
A Saudi law-governed agreement documenting the exit of shareholder(s) from a company, including share transfer terms and regulatory compliance requirements.
Download
Shareholder Contract
A Saudi Arabian law-governed agreement that regulates shareholder relationships and corporate governance while ensuring Sharia compliance.
Download
Unanimous Shareholder Agreement
A binding agreement under Saudi Arabian law establishing comprehensive rights and obligations between all company shareholders, incorporating local legal and Sharia requirements.
Download
Minority Shareholder Agreement
A Saudi Arabian law-governed agreement establishing minority shareholder rights and protections, including governance mechanisms and exit provisions.
Download
Family Business Shareholders Agreement
A Saudi Arabian law-governed agreement regulating family business ownership, governance, and succession planning in accordance with Sharia principles and local corporate requirements.
Download
Small Business Shareholder Agreement
A Saudi Arabian legal agreement establishing rights and obligations between shareholders in a small business, governed by Saudi Companies Law and Sharia principles.
Download
Stakeholders Agreement
A Saudi Arabian law-governed agreement defining rights, obligations, and relationships between business stakeholders, aligned with local legal requirements and Sharia principles.
Download
LLC Shareholder Agreement
A Saudi Arabian law-governed agreement establishing rights and obligations between LLC shareholders, incorporating local legal requirements and Sharia principles.
Download
Shareholders Agreement For Private Limited Company
A Saudi Arabian law-governed agreement establishing rights, obligations, and relationships between shareholders in a private limited company.
Download
Shareholder Support Agreement
A Saudi Arabian law-governed agreement establishing shareholders' commitments to provide support to a company or project, structured in compliance with local laws and Sharia principles.
Download
Subscription And Shareholders Agreement
A Saudi Arabian law-governed agreement combining share subscription terms with shareholders' rights and obligations, establishing the framework for company ownership and governance.
Download
Startup Shareholder Agreement
A Saudi Arabian law-governed agreement establishing rights and obligations between startup shareholders, including governance and investment terms.
Download
Shareholder Subscription Agreement
A Saudi Arabian law-governed agreement detailing terms and conditions for share subscription, including price, warranties, and regulatory compliance requirements.
Download
Shareholder Transfer Agreement
A Saudi Arabian law-governed agreement facilitating the formal transfer of company shares between shareholders, ensuring compliance with local regulations and Sharia principles.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)