Contracts and Agreements
Contracts and Agreements
From a simple handshake to a signature and a seal, that’s how an expression of a contractual agreement evolved over the centuries in conducting businesses among people and companies. A written contract is a clear and concise instrument of which an entire business is founded upon, as it explicitly contains all the details of an agreement between two parties who wish to enforce it by law. That being said, conflicts may still arise out of a well drafted contract, and so we offer our clients our masterful skills and knowledge in contractual services to ensure a smooth and fruitful business experience to ease their journey to success.
Our Contractual Services
Our team possesses the knowledge of all contract regulations and formats that must include mandatory and binding terms and clauses as per the regulations set forth by the Commercial Agency law, Commercial Franchise Law, and the Government Tenders and Procurement laws of Saudi Arabia. We offer a simple yet solid process that includes the following steps:
- Consult with our clients throughout the entire drafting process,
- Offer suggestions for adding or amending certain clauses
- Allow both parties to negotiate the terms
- Include all relevant clauses to a solid contract such as clauses of exclusivity, breach of obligations, choice of law, dispute resolution methods, term or duration of the agreement, termination of contract, consequences following termination, and a confidentiality clause in case of the existence of trade secrets or confidential information
- Signing the contract
- Legalizing it
We also offer our services in legalizing a variety of contracts such as the Trademark License Agreement, Franchising Contracts, and Distribution and Agency Contracts, with the final step of registering the aforementioned contracts with the Relevant Government Authorities when needed.
Types of contracts we specialize in
Our team has the full knowledge of all contractual regulations and forms that must include binding terms and clauses and are based on regulations in accordance with the laws in force in Saudi Arabia, to name but a few:
- Commercial concession contracts.
- Partnership and merger agreements.
- Contracts of quota companies.
- Commercial agency contracts.
- Exclusive Distribution agreements.
- Non-disclosure agreements.
- Agreements to deny ignorance.
