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1. Parties: Identifies and provides full details of the contracting parties, including registered addresses and registration numbers if applicable
2. Background: Sets out the context and purpose of the agreement, including any relevant history or relationships between the parties
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes rules for interpreting the document
4. Scope of Agreement: Clearly outlines what is being agreed to between the parties
5. Rights and Obligations: Details the specific rights and responsibilities of each party under the agreement
6. Payment Terms: Specifies all financial arrangements, including amounts, payment schedules, and payment methods
7. Duration and Termination: States the agreement's start date, duration, and conditions for termination
8. Confidentiality: Establishes obligations regarding confidential information shared between parties
9. Dispute Resolution: Outlines the process for resolving any disputes that may arise
10. Governing Law: Specifies that Nigerian law governs the agreement and details jurisdiction
11. Execution: Formal signing section including date and witness provisions as required under Nigerian law
1. Force Majeure: Include when parties want protection from events beyond their control that could prevent performance
2. Intellectual Property: Include when the agreement involves creation, use, or transfer of intellectual property
3. Insurance: Include when specific insurance coverage is required from either party
4. Assignment: Include when parties need to address whether rights under the agreement can be transferred
5. Non-Compete: Include when parties want to restrict competitive activities
6. Warranties and Representations: Include when specific assurances about facts or capabilities are crucial to the agreement
7. Indemnification: Include when parties need to address responsibility for third-party claims or specific losses
8. Compliance with Laws: Include when specific regulatory compliance needs to be addressed
9. Notice Provisions: Include when formal communication procedures need to be established
1. Schedule 1: Service Specifications: Detailed description of services or deliverables if applicable
2. Schedule 2: Pricing Schedule: Detailed breakdown of prices, rates, or fees
3. Schedule 3: Timeline: Detailed project timeline or delivery schedule if applicable
4. Schedule 4: Key Personnel: List of key personnel involved in contract execution if applicable
5. Appendix A: Required Forms: Standard forms or documents required for contract administration
6. Appendix B: Technical Requirements: Technical specifications or requirements if applicable
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