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1. Parties: Identification of contracting parties with full legal names, registration numbers, and registered addresses as per CAMA 2020 requirements
2. Background: Recitals explaining the context and purpose of the agreement, including any relevant business relationship history
3. Definitions: Comprehensive list of defined terms used throughout the agreement for clarity and consistency
4. Scope of Agreement: Detailed description of the commercial arrangement, including goods/services to be provided
5. Duration and Term: Contract period, commencement date, and any renewal provisions
6. Financial Terms: Pricing, payment terms, invoicing requirements, and currency specifications
7. Obligations of the Parties: Detailed responsibilities and commitments of each party
8. Representations and Warranties: Standard commercial warranties and representations from each party
9. Liability and Indemnification: Allocation of risks, limitation of liability, and indemnification provisions
10. Termination: Grounds for termination, notice requirements, and consequences of termination
11. Confidentiality: Protection of confidential information and trade secrets
12. Force Majeure: Events excusing performance and procedures for handling force majeure situations
13. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law
14. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement
1. Intellectual Property Rights: Required when the contract involves creation, licensing, or use of intellectual property
2. Data Protection: Necessary when personal data processing is involved in the commercial relationship
3. Insurance: Required for high-value contracts or where specific risks need to be insured
4. Performance Guarantees: Used when specific performance metrics or service levels need to be maintained
5. Change Control: Important for long-term contracts where scope or specifications might need adjustment
6. Anti-Corruption Compliance: Essential for contracts with international parties or government entities
7. Export Control: Required when dealing with international trade or restricted goods
8. Local Content Requirements: Necessary for contracts in regulated sectors subject to Nigerian local content laws
9. Step-In Rights: Used in critical service contracts where service continuity is essential
10. Environmental Compliance: Required for contracts involving environmental impacts or regulated activities
1. Schedule 1 - Scope of Work: Detailed technical specifications or service descriptions
2. Schedule 2 - Pricing and Payment Terms: Detailed pricing structures, payment milestones, and financial terms
3. Schedule 3 - Service Levels: Performance metrics and measurement criteria
4. Schedule 4 - Key Personnel: List of key staff and their roles/responsibilities
5. Schedule 5 - Compliance Requirements: Specific regulatory or compliance obligations
6. Schedule 6 - Form of Performance Bond: Template for any required performance guarantees
7. Schedule 7 - Change Request Form: Standard form for requesting and documenting changes
8. Appendix A - Required Insurances: Details of insurance requirements and coverage levels
9. Appendix B - Technical Standards: Applicable technical or industry standards
10. Appendix C - Contact Details: Key contact information for both parties
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