Assignment Contract Template for United Arab Emirates

1. Consent of Third Parties: Required when the original agreement requires consent for assignment or when third party rights are affected

2. Non-Competition Provisions: Included when the assignment involves business transfers and requires protection of business interests

3. Confidentiality: Added when the assignment involves transfer of confidential information or trade secrets

4. Tax Provisions: Required when the assignment has significant tax implications or requires specific tax treatments

5. Intellectual Property Rights: Included when the assignment involves transfer of IP rights

6. Employee Transfer Provisions: Required when the assignment includes transfer of employees under UAE Labor Law

7. Islamic Finance Compliance: Required when the assignment involves Sharia-compliant transactions

8. Language Provision: Required when the contract needs to specify which language version prevails in case of bilingual execution

1. Schedule 1 - Assigned Rights and Obligations: Detailed description of all rights and obligations being transferred

2. Schedule 2 - Original Agreement: Copy of the original agreement from which rights/obligations are being assigned

3. Schedule 3 - Consideration Details: Breakdown of payment terms and consideration structure

4. Schedule 4 - Required Consents: List of third-party consents obtained or required

5. Schedule 5 - Completion Requirements: Checklist of actions required to complete the assignment

6. Appendix A - Related Assets: List of any physical or intangible assets included in the assignment

7. Appendix B - Form of Notice: Template for notifying relevant parties of the assignment