The Domain Name Sale Agreement is essential for businesses and individuals engaging in domain name transactions within Nigeria's digital landscape. This document is typically used when transferring ownership of domain names, particularly those under the .ng country code top-level domain or other domain extensions registered by Nigerian entities. The agreement must comply with Nigerian Internet Registration Association (NIRA) guidelines, the Cybercrimes Act 2015, and NITDA regulations. It includes comprehensive details about the domain transfer process, payment terms, warranties, and representations, while addressing specific requirements of Nigerian electronic commerce laws. The document is particularly important for protecting both parties' interests in digital asset transactions and ensuring proper documentation for regulatory compliance.
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1. Parties: Identification of the Seller and Buyer with full legal names and addresses
2. Background: Context of the agreement and current ownership status of the domain name
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core terms of the sale including the domain name details and purchase price
5. Transfer Process: Detailed procedure for transferring the domain name ownership
6. Seller's Representations and Warranties: Seller's confirmations regarding ownership, rights to sell, and domain status
7. Buyer's Representations and Warranties: Buyer's confirmations regarding authority to purchase and compliance with requirements
8. Payment Terms: Details of payment amount, method, and timing
9. Transfer of Rights: Legal provisions regarding the transfer of all associated rights and ownership
10. Compliance with NIRA Requirements: Specific provisions ensuring compliance with Nigerian Internet Registration Association requirements
11. Confidentiality: Provisions regarding confidentiality of transaction details
12. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction
13. Execution: Signature blocks and execution requirements
1. Technical Support: Details of any technical support provided during or after transfer
2. Transition Period: Terms governing any transition period for website operation or email services
3. Domain History: Detailed history of domain usage and ownership if relevant
4. Intellectual Property Rights: Additional provisions regarding associated intellectual property if the domain includes trademarks
5. Non-Competition: Restrictions on seller's future domain registration activities if agreed
6. Dispute Resolution: Alternative dispute resolution procedures if preferred over court jurisdiction
7. Force Majeure: Provisions for unforeseen circumstances preventing completion of transfer
8. Assignment: Rights and restrictions regarding assignment of the agreement
1. Domain Details Schedule: Technical details of the domain including registration information, hosting details, and technical contacts
2. Transfer Procedure: Step-by-step process for executing the domain transfer
3. Proof of Ownership: Documentation proving current ownership and registration status
4. Payment Schedule: If payment is to be made in installments or involves multiple components
5. Associated Assets: List of any associated assets included in the sale (e.g., logos, content, related domains)
6. NIRA Compliance Checklist: Checklist ensuring compliance with all NIRA requirements for domain transfer
Relevant legal definitions
Agreement
Applicable Laws
Business Day
Completion Date
Confidential Information
Domain Name
Domain Name System (DNS)
Domain Registration
Domain Transfer Process
Effective Date
Electronic Signature
Encumbrance
Force Majeure Event
Intellectual Property Rights
NIRA
NIRA Guidelines
Parties
Purchase Price
Registrant
Registration Authority
Registry Database
Seller's Warranties
Technical Contact
Transfer Authorization Code
Transfer Completion
Transfer Documentation
Transfer Instructions
Transfer Period
Website Content
Website Data
WHOIS Database
WHOIS Information
Applicable Laws
Business Day
Completion Date
Confidential Information
Domain Name
Domain Name System (DNS)
Domain Registration
Domain Transfer Process
Effective Date
Electronic Signature
Encumbrance
Force Majeure Event
Intellectual Property Rights
NIRA
NIRA Guidelines
Parties
Purchase Price
Registrant
Registration Authority
Registry Database
Seller's Warranties
Technical Contact
Transfer Authorization Code
Transfer Completion
Transfer Documentation
Transfer Instructions
Transfer Period
Website Content
Website Data
WHOIS Database
WHOIS Information
Clauses
Sale and Purchase
Payment Terms
Transfer Process
Representations and Warranties
Seller Obligations
Buyer Obligations
Domain Transfer Mechanics
Technical Requirements
Regulatory Compliance
Intellectual Property
Confidentiality
Data Protection
Warranties
Indemnification
Force Majeure
Assignment
Termination
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Third Party Rights
Amendment
Waiver
Further Assurance
Costs
Counterparts
Payment Terms
Transfer Process
Representations and Warranties
Seller Obligations
Buyer Obligations
Domain Transfer Mechanics
Technical Requirements
Regulatory Compliance
Intellectual Property
Confidentiality
Data Protection
Warranties
Indemnification
Force Majeure
Assignment
Termination
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Third Party Rights
Amendment
Waiver
Further Assurance
Costs
Counterparts
Relevant Industries
Information Technology
E-commerce
Digital Media
Telecommunications
Professional Services
Internet Services
Retail
Financial Services
Healthcare
Education
Manufacturing
Real Estate
Relevant Teams
Legal
Information Technology
Digital Operations
Compliance
Corporate Development
Intellectual Property
Technical Operations
E-commerce Operations
Risk Management
Business Development
Relevant Roles
Chief Technology Officer
IT Director
Digital Assets Manager
Legal Counsel
Compliance Officer
Domain Administrator
Web Services Manager
E-commerce Manager
Digital Operations Director
Business Development Manager
Corporate Counsel
IP Rights Manager
Technical Operations Manager
Chief Digital Officer
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