This is an MOU that was developed in Arabic to act between a factory and a consultancy in Saudi Arabia in the scope of restructuring the current business at hand and paving the road for future businesses the factory is planning to launch with a primary focus on using mathematical modeling. This MOU consists of EIGHT Articles: Introduction; Recitals; Definitions; Duties & Responsibilities of Each Party; Operations; Execution; Administrative Representation; Meetings; MOU Renewal. When using this MOU, it is important you consult your attorney after making any modifications or additions in accordance with your business and signing parties.
This Website Purchase Agreement covers all of the critical points of a transaction including:
-Related Assets included in the sale (e.g. IP, Brand, Records, Third Party Agreements, Domains, Social Media)
-Payment provisions
-Pre and Post – Closing Obligations
-IP assignment
-Warranties
-Reciprocal indemnification provisions
-A non-compete clause