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1. Regulatory Approvals: Required when the transaction needs specific regulatory clearances

2. Foreign Investment Provisions: Required when any party is a non-Saudi entity

3. Property Registration: Required for real estate options to address local registration requirements

4. Due Diligence: Optional section for complex assets requiring investigation period

5. Financing Conditions: Required when exercise of option is subject to financing

6. Competition Compliance: Required for large transactions with potential competition law implications

7. Shariah Compliance: Detailed section on Shariah compliance when required by parties or circumstances

8. Third Party Rights: Required when the asset is subject to third party rights or claims

1. Asset Description: Detailed description of the asset subject to the option

2. Form of Exercise Notice: Template notice for exercising the option

3. Required Approvals: List of regulatory or third party approvals needed

4. Due Diligence Requirements: Checklist of required due diligence items if applicable

5. Payment Schedule: Detailed breakdown of payment terms and schedule

6. Completion Requirements: Checklist of documents and actions required for completion

7. Property Documents: Copies of relevant property documents for real estate options