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Business Development Consulting Agreement Template for Saudi Arabia

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Key Requirements PROMPT example:

Business Development Consulting Agreement

"I need a Business Development Consulting Agreement for a Saudi IT company hiring a consulting firm to help expand into UAE markets, with special focus on data protection and local content requirements, starting January 2025."

Document background
The Business Development Consulting Agreement is essential for organizations seeking to establish clear parameters for consulting relationships in Saudi Arabia. This document is particularly relevant in the context of Saudi Vision 2030, which has increased demand for business development expertise across various sectors. The agreement addresses key aspects such as service scope, deliverables, payment terms, and compliance with Saudi regulations, including the Commercial Law (Royal Decree No. M/32) and relevant ministry directives. It's specifically designed to protect both parties' interests while ensuring alignment with Saudi Arabian legal requirements and business practices. The document is crucial for companies expanding their operations, entering new markets, or seeking strategic growth opportunities within the Kingdom, providing a robust framework for the consulting engagement while maintaining compliance with local laws and Shariah principles.
Suggested Sections

1. Parties: Identification of the consulting firm and the client company, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement, including the client's business needs and consultant's expertise

3. Definitions: Key terms used throughout the agreement, including 'Services', 'Deliverables', 'Confidential Information', etc.

4. Scope of Services: Detailed description of consulting services, objectives, and expected outcomes

5. Term and Timeline: Duration of the agreement and key milestone dates

6. Consultant's Obligations: Key responsibilities, performance standards, and delivery requirements

7. Client's Obligations: Client's responsibilities, including provision of information and access

8. Fees and Payment Terms: Compensation structure, payment schedule, expenses, and invoicing procedures

9. Confidentiality: Protection of confidential information and trade secrets

10. Intellectual Property Rights: Ownership and usage rights of pre-existing and created IP

11. Compliance with Laws: Adherence to Saudi regulations, including anti-corruption laws

12. Termination: Conditions for termination, notice periods, and consequences

13. Dispute Resolution: Process for resolving disputes, including jurisdiction and applicable law

14. General Provisions: Standard clauses including notices, amendments, and severability

Optional Sections

1. Non-Competition: Restrictions on consultant's activities with competitors, used when sensitive market information is involved

2. Performance Metrics: Specific KPIs and evaluation criteria, included when performance-based compensation is used

3. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term agreements

4. Insurance Requirements: Specific insurance coverage requirements, important for high-risk consulting activities

5. Data Protection: Specific data handling and protection requirements, needed when personal data processing is involved

6. Shariah Compliance: Specific provisions ensuring compliance with Islamic law principles, required for certain types of transactions

7. Local Content Requirements: Provisions addressing Saudi Arabia's local content requirements, needed for certain sectors

Suggested Schedules

1. Schedule A - Scope of Services: Detailed breakdown of services, deliverables, and timelines

2. Schedule B - Fee Schedule: Detailed fee structure, payment milestones, and expense categories

3. Schedule C - Key Personnel: List of key consulting team members and their roles

4. Schedule D - Service Levels: Specific performance standards and metrics

5. Schedule E - Compliance Requirements: Detailed compliance obligations under Saudi law

6. Appendix 1 - Required Forms: Standard forms for reporting, invoicing, and service requests

7. Appendix 2 - Client Policies: Relevant client policies that consultant must comply with

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 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

Information Technology

Financial Services

Healthcare

Energy and Utilities

Manufacturing

Real Estate

Construction

Telecommunications

Professional Services

Retail

Education

Defense

Mining

Transportation

Tourism

Relevant Teams

Legal

Business Development

Commercial

Procurement

Finance

Compliance

Operations

Strategy

Project Management

Risk Management

Corporate Development

Relevant Roles

Chief Executive Officer

Business Development Director

Legal Counsel

Commercial Director

Procurement Manager

Contract Manager

Strategy Director

Operations Director

Compliance Officer

Chief Financial Officer

Project Manager

Business Development Manager

General Counsel

Managing Director

Chief Operating Officer

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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