Disclaimer: This document is a sample version of a Foreign Partnership Agreement provided strictly for informational purposes. It is not a legally binding document and does not constitute an offer. All official agreements must be formally reviewed and signed by both parties.
First Party:
Medlex Holding Company, a Limited Liability Company incorporated under the laws of the Kingdom of Saudi Arabia, Commercial Registration No. 2251505419, headquartered at: 3640 Al-Hofuf 36445-6392, Kingdom of Saudi Arabia, represented by Mr. Saqer Mj Alkhadem, in his capacity as Founder and CEO, (hereinafter referred to as the “First Party” or “Saudi Company”).
Second Party:
[Partner Name], a legally registered [Company/Individual] under the laws of [Country], Commercial Registration or License No. [••••], located at: [••••], represented by Mr./Ms. [Full Name], in the capacity of [Position], (hereinafter referred to as the “Second Party” or “Foreign Partner”).
Article 1 – Purpose of the Agreement
To establish a formal relationship between Medlex Holding and a foreign entity for the purpose of collaboration, joint development, representation, or investment within the Saudi market or international projects led by Medlex Holding.
Article 2 – Scope of the Partnership
— Acting as official partner, consultant, or affiliate in designated fields.
— Facilitating entry into new markets or international networks.
— Supporting compliance, licensing, or project execution where relevant.
— Representing Medlex Holding abroad under clearly defined terms.
Article 3 – Responsibilities
— The Foreign Partner shall operate in accordance with Saudi laws and Medlex policies when acting on behalf of the company.
— Detailed obligations and deliverables shall be outlined in supplementary documents.
Article 4 – Confidentiality
All data, business information, and strategic documents exchanged shall be kept confidential unless officially authorized in writing by both parties.
Article 5 – Term and Termination
— The Agreement is valid for [••] years from the signing date.
— Either party may terminate it with [••] days’ written notice.
— Ongoing obligations must be settled before formal termination.
Article 6 – Governing Law
This Agreement shall be governed by the laws of the Kingdom of Saudi Arabia.
Any disputes will be resolved through arbitration in Riyadh.