The Mutual Agreement Between Two Parties is a fundamental legal document used in Saudi Arabia to establish and formalize business relationships between two entities. This template is designed to comply with Saudi Arabian law, including both civil and commercial regulations, while adhering to Sharia principles that govern all contracts in the Kingdom. It serves as a versatile instrument for documenting various types of business arrangements, from simple commercial transactions to complex business relationships. The document incorporates essential elements required by Saudi courts for enforcement, including clear party identification, defined obligations, consideration, and appropriate dispute resolution mechanisms. It is particularly useful for both domestic Saudi transactions and international business relationships involving Saudi entities, providing a balanced framework that protects both parties' interests while ensuring legal compliance in the Saudi jurisdiction.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Full legal names and details of the contracting parties, including registration numbers and addresses
2. Background: Context and purpose of the agreement, including any relevant history or relationships between the parties
3. Definitions: Clear definitions of key terms used throughout the agreement
4. Scope of Agreement: Detailed description of the subject matter and scope of the mutual obligations
5. Rights and Obligations: Specific rights and responsibilities of each party under the agreement
6. Term and Duration: Period of the agreement, including start date and duration
7. Financial Terms: Payment terms, amounts, and financial obligations of the parties
8. Representations and Warranties: Statements of fact and assurances made by each party
9. Confidentiality: Obligations regarding confidential information and trade secrets
10. Termination: Circumstances and procedures for ending the agreement
11. Dispute Resolution: Procedures for resolving disputes, including reference to Saudi courts or arbitration
12. Governing Law: Explicit statement of Saudi law as governing law and Sharia compliance
13. Notices: Methods and addresses for formal communications between parties
14. Entire Agreement: Confirmation that the document represents the complete agreement between parties
15. Execution: Signature blocks and execution requirements
1. Force Majeure: Provisions for unforeseen circumstances preventing performance
2. Assignment: Rights and restrictions regarding transfer of rights or obligations
3. Insurance: Required insurance coverage and related obligations
4. Intellectual Property: Rights and restrictions regarding IP if relevant to the agreement
5. Compliance with Laws: Specific regulatory compliance requirements
6. Anti-corruption: Compliance with anti-corruption laws and regulations
7. Change Control: Procedures for making changes to the agreement or scope
8. Audit Rights: Rights to audit compliance with agreement terms
9. Data Protection: Provisions regarding handling of personal or sensitive data
10. Non-Competition: Restrictions on competitive activities
1. Schedule 1 - Services/Deliverables: Detailed description of services or deliverables to be provided
2. Schedule 2 - Pricing and Payment Terms: Detailed breakdown of pricing, payment schedules, and financial terms
3. Schedule 3 - Key Personnel: List of key personnel involved in the agreement execution
4. Schedule 4 - Service Levels: Performance metrics and service level requirements if applicable
5. Schedule 5 - Technical Specifications: Technical requirements or specifications related to the agreement
6. Appendix A - Required Forms: Standard forms or documents required under the agreement
7. Appendix B - Compliance Requirements: Specific regulatory or compliance requirements
8. Appendix C - Contact Details: Detailed contact information for key representatives of each party
Authors
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Technology
Construction
Healthcare
Financial Services
Professional Services
Real Estate
Energy
Telecommunications
Retail
Education
Transportation
Hospitality
Mining
Agriculture
Relevant Teams
Legal
Procurement
Commercial
Business Development
Operations
Finance
Compliance
Risk Management
Corporate Governance
Contract Administration
Relevant Roles
Legal Counsel
Contract Manager
Business Development Manager
Chief Executive Officer
Chief Operating Officer
Commercial Director
Procurement Manager
Project Manager
Risk Manager
Compliance Officer
General Manager
Operations Director
Finance Director
Managing Director
Company Secretary
Find the exact document you need
Selling Real Estate Contract
A Saudi Arabian real estate sales contract template compliant with local laws and Sharia principles, facilitating property transfers and ensuring regulatory compliance.
find out more
Wholesaling Real Estate Contract
A Saudi Arabia-compliant wholesale real estate contract governing bulk property transactions under local law and Shariah principles.
find out more
Non Binding Agreement
A non-binding agreement template for use under Saudi Arabian jurisdiction, combining Sharia law principles with modern commercial practices to document parties' intentions without creating legal obligations.
find out more
Non Compete Form
A Saudi Arabian legal document restricting post-employment competitive activities, governed by Saudi Labor Law and Sharia principles.
find out more
Agreement For Job Work
A Saudi Arabian law-governed agreement between client and contractor defining terms and conditions for specific job work or project-based services.
find out more
Non Disclosure Form
Saudi Arabia-compliant Non-Disclosure Agreement template for protecting confidential information exchange under Saudi law and Shariah principles.
find out more
Videography Contract
A Saudi Arabian law-governed agreement for professional videography services, ensuring compliance with local regulations while defining service terms and deliverables.
find out more
Subscription Agreement
A Saudi law-governed agreement establishing terms for subscription-based services, compliant with local regulations and Shariah principles.
find out more
Production Contract
A Saudi Arabian law-governed agreement establishing terms and conditions for manufacturing or production activities, ensuring compliance with local regulations and Sharia principles.
find out more
Novation Agreement (Real Estate)
A Saudi Arabian law-governed agreement transferring real estate contract rights and obligations from one party to another, ensuring compliance with Shariah principles and local property regulations.
find out more
Option Contract (Real Estate)
A Sharia-compliant agreement under Saudi Arabian law granting the right to purchase specified real estate at predetermined terms within an agreed timeframe.
find out more
Labor Contract
A Saudi Arabian employment agreement that establishes terms and conditions of employment while ensuring compliance with Saudi Labor Law and regulations.
find out more
Franchise Agreement
A Saudi Arabian law-governed agreement establishing a franchise relationship, granting business operational rights while ensuring compliance with local regulations and Sharia principles.
find out more
Common Agreement
A general-purpose legal agreement template compliant with Saudi Arabian law and Sharia principles, suitable for establishing business relationships in Saudi Arabia.
find out more
Barter Agreement
A Saudi Arabian law-governed agreement facilitating the direct exchange of goods/services between parties, structured to comply with both Sharia and commercial law requirements.
find out more
Unregistered Sale Agreement With Possession
A Saudi Arabian agreement facilitating property sale and possession transfer without immediate registration, compliant with local law and Sharia principles.
find out more
Master Contract
A Saudi law-governed framework agreement establishing terms for ongoing business relationships, compliant with Shariah principles and local regulations.
find out more
Notarial Contract
A legally authenticated contract under Saudi Arabian law, officially verified and certified by a licensed notary public, providing enhanced legal security and evidential value.
find out more
House Rent Agreement Form
A Saudi Arabian residential lease agreement that establishes rental terms between landlord and tenant, compliant with local laws and Ejar system requirements.
find out more
Partnership Agreement Form
A Saudi Arabian law-governed agreement establishing and regulating a business partnership, ensuring compliance with local regulations and Sharia principles.
find out more
Landscape Contract
A Saudi Arabian law-governed contract for landscape construction and maintenance services, including works specifications and environmental compliance requirements.
find out more
Guarantee Contract
A Saudi Arabian law-governed contract where a guarantor assumes responsibility for another party's obligations to a beneficiary, structured in compliance with Sharia principles and local commercial laws.
find out more
Tenancy Agreement Form
A Saudi Arabian lease agreement template that establishes property rental terms between landlord and tenant, compliant with Saudi Tenancy Law and Sharia principles.
find out more
Simple Rental Agreement Form
A Saudi Arabia-compliant rental agreement template for residential and commercial properties, incorporating local legal requirements and Shariah principles.
find out more
Money Agreement Between Two Parties
A Sharia-compliant money agreement under Saudi Arabian law establishing financial arrangements between two parties with specific terms and conditions.
find out more
Side Agreement
A supplementary agreement under Saudi Arabian law that modifies or adds to the terms of a primary agreement while ensuring Shariah compliance.
find out more
Novation Contract
A Saudi Arabian law-governed agreement transferring contractual rights and obligations from one party to another, with consent of all parties involved.
find out more
Mutual Agreement Between Two Parties
A bilateral agreement template compliant with Saudi Arabian law and Sharia principles, establishing mutual rights and obligations between two contracting parties.
find out more
Contract For Selling A Car
A Saudi Arabian law-compliant agreement for the sale and transfer of vehicle ownership, incorporating local regulatory requirements and Sharia principles.
find out more
Business Transfer Agreement
A Saudi law-governed agreement for transferring business ownership, including assets, liabilities, and operational elements from one entity to another.
find out more
Tooling Agreement
A Saudi Arabian law-governed agreement establishing terms for industrial tooling supply, ownership, and usage, compliant with local commercial and Sharia law requirements.
find out more
Representation Agreement
A Saudi law-governed agreement establishing the terms and conditions for commercial representation between a principal company and its Saudi representative.
find out more
Notary Rent Agreement
A notarized rental agreement compliant with Saudi Arabian law and Ejar system requirements, establishing terms for property lease.
find out more
Non Compete Agreement Between Companies
A Saudi Arabian law-compliant agreement restricting competitive activities between companies within specified parameters and timeframes.
find out more
Land Agreement Between Two Parties
A Saudi Arabian land agreement document that formalizes property rights transfer between two parties, compliant with Sharia law and local regulations.
find out more
Buyer Agency Agreement
A Saudi Arabian law-governed agreement establishing the relationship between a property buyer and their real estate agent, outlining services, obligations, and compensation terms.
find out more
Commercial Lease Form
A Saudi Arabian commercial lease agreement template that establishes terms for leasing business properties, compliant with local laws and Shariah principles.
find out more
Vending Machine Contract
A Saudi Arabia-governed agreement for vending machine installation and operation, compliant with local commercial law and Sharia principles.
find out more
Contra Agreement
A Saudi Arabian law-governed agreement facilitating the exchange of goods/services between parties without primary monetary consideration, compliant with Sharia and local commercial regulations.
find out more
Catering Contract
A Saudi Arabian law-governed agreement establishing terms for catering services provision, incorporating local regulatory requirements and Halal compliance.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s 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)