Buyout Term Sheet Template for United Arab Emirates

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Buyout Term Sheet

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Buyout Term Sheet

"I need a Buyout Term Sheet for acquiring a Dubai-based technology company, with specific consideration for UAE foreign ownership restrictions and involvement of free zone authorities, targeting completion by March 2025."

Document background
The Buyout Term Sheet serves as a crucial preliminary document in mergers and acquisitions transactions within the UAE legal framework. It is typically used during the initial stages of a business acquisition to document the principal terms agreed between parties before proceeding with detailed due diligence and definitive agreements. The document captures key commercial terms including transaction structure, purchase price, payment mechanisms, and conditions precedent, while accounting for UAE-specific requirements such as foreign ownership restrictions, free zone regulations, and necessary regulatory approvals. While generally non-binding except for specific provisions like confidentiality and exclusivity, it provides a clear roadmap for the transaction and helps identify potential deal-breakers early in the process.
Suggested Sections

1. Parties: Identification of the buyer, seller, and target company, including their registered details and jurisdiction

2. Background: Brief description of the transaction context and the target business

3. Definitions: Key terms used throughout the term sheet

4. Transaction Structure: Outline of the proposed transaction structure, including type of acquisition (shares/assets)

5. Purchase Price: Details of the consideration, including amount, form of payment, and any adjustments

6. Payment Terms: Timeline and mechanics for payment, including any escrow arrangements

7. Conditions Precedent: Key conditions that must be satisfied before closing

8. Due Diligence: Scope and process for due diligence investigation

9. Regulatory Approvals: Required governmental and regulatory approvals, including UAE-specific requirements

10. Exclusivity: Terms of exclusive negotiation period

11. Confidentiality: Confidentiality obligations of the parties

12. Timeline: Expected timeline for key transaction milestones

13. Governing Law and Jurisdiction: Specification of UAE law and relevant jurisdiction for disputes

Optional Sections

1. Management and Employment: Terms relating to key management retention and employment arrangements, used when management continuity is crucial

2. Earn-out Provisions: Structure of any earn-out payments, included when part of purchase price is contingent on future performance

3. Foreign Ownership Provisions: Specific provisions addressing UAE foreign ownership requirements, included for foreign buyers

4. Break Fee: Terms of any break fee payable if the transaction doesn't proceed, included for larger transactions

5. Post-Closing Covenants: Key post-closing obligations, included when specific post-closing arrangements are important

6. Shareholder Rights: Specific rights of minority shareholders if relevant, included in partial acquisitions

7. Free Zone Considerations: Specific provisions for UAE free zone companies, included if target is in a free zone

Suggested Schedules

1. Corporate Structure: Current and proposed corporate structure diagrams

2. Purchase Price Calculation: Detailed breakdown of purchase price calculation methodology

3. Key Assets: List of material assets included in the transaction

4. Required Consents: List of third-party and regulatory consents required

5. Transaction Timeline: Detailed timeline with key dates and milestones

6. Due Diligence Checklist: Preliminary list of due diligence requirements

7. Key Contracts: List of material contracts requiring review or assignment

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Manufacturing

Technology

Real Estate

Retail

Healthcare

Financial Services

Energy

Construction

Hospitality

Transportation

Media and Entertainment

Professional Services

Education

E-commerce

Relevant Teams

Legal

Finance

Corporate Development

Strategy

Mergers & Acquisitions

Compliance

Due Diligence

Business Development

Executive Leadership

Risk Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Managing Director

Corporate Development Manager

Investment Director

Legal Counsel

M&A Director

Business Development Director

Strategy Director

Finance Manager

Corporate Secretary

Compliance Officer

Due Diligence Manager

Transaction Advisory Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Real Estate Purchase Letter Of Intent

A preliminary document under UAE law outlining proposed terms for a real estate purchase, setting the framework for final transaction documentation.

find out more

Land Acquisition Agreement

UAE-governed agreement for the transfer of land ownership, detailing purchase terms and compliance with local property laws.

find out more

Company Merger Contract

UAE-governed agreement facilitating the merger of two or more companies into a single entity, compliant with UAE Commercial Companies Law.

find out more

Buyout Term Sheet

A UAE law-governed preliminary agreement outlining key terms and conditions for a proposed business acquisition or buyout transaction.

find out more

Business Acquisition Term Sheet

A preliminary agreement outlining key terms and conditions for a business acquisition transaction under UAE law.

find out more

Business Acquisition Letter Of Intent

A UAE-law governed preliminary document outlining proposed terms and conditions for a potential business acquisition, setting forth key commercial terms while maintaining a primarily non-binding nature.

find out more

Business Acquisition Contract

UAE-governed agreement for business acquisition, detailing terms of purchase, regulatory compliance, and transfer conditions under UAE commercial law.

find out more

Acquisition Purchase Agreement

UAE-governed agreement detailing terms and conditions for business acquisition, including purchase price, warranties, and completion requirements.

find out more

Simple Merger Agreement

A UAE law-governed agreement outlining the terms and conditions for merging two companies, ensuring compliance with UAE Commercial Companies Law and local regulatory requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’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; Genie’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.