Cofounders Agreement

This should be written as per the individual’s name on their identification documents (e.g. the exact same name as recorded on their Saudi identification card, passport or Iqama etc.)

If this individual is signing under their Saudi national identification card, then this is the Saudi identification card number, if this individual is signing under a passport, then this is the passport number, if the individual is signing under their Iqama, then this is their Iqama number etc.

e.g. if the name of Co-founder 1 is Mohammed Al-Otaibi, this could be abbreviated to just his first name “Mohammed” or “M. Otaibi” or any other abbreviation you would prefer. If there are co-founders with the same first name (e.g. is one co-founder is named Mohammed Al-Otaibi and another co-founder is named Mohammed Al-Zahrani, then we suggest that you use abbreviations that can be distinguished between co-founders (e.g. in the above case both co-founders have the first name “Mohammed” so we suggest that you do not use this name as an abbreviation”.

This should be written as per the individual’s name on their identification documents (e.g. the exact same name as recorded on their Saudi identification card, passport or Iqama etc.)

If this individual is signing under their Saudi national identification card, then this is the Saudi identification card number, if this individual is signing under a passport, then this is the passport number, if the individual is signing under their Iqama, then this is their Iqama number etc.

e.g. if the name of Co-founder 2 is Mohammed Al-Otaibi, this could be abbreviated to just his first name “Mohammed” or “M. Otaibi” or any other abbreviation you would prefer. If there are co-founders with the same first name (e.g. is one co-founder is named Mohammed Al-Otaibi and another co-founder is named Mohammed Al-Zahrani, then we suggest that you use abbreviations that can be distinguished between co-founders (e.g. in the above case both co-founders have the first name “Mohammed” so we suggest that you do not use this name as an abbreviation”.