Minimum Term Employment Contract for Nigeria

Minimum Term Employment Contract Template for Nigeria

A comprehensive employment agreement governed by Nigerian law that establishes a guaranteed minimum term of employment between an employer and employee. The contract outlines essential terms and conditions including duties, compensation, benefits, and minimum commitment period, while ensuring compliance with Nigerian labor laws, particularly the Labour Act and related employment legislation. It provides security for both employer and employee by setting a fixed minimum duration of employment, while including provisions for early termination, notice periods, and post-employment obligations.

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What is a Minimum Term Employment Contract?

The Minimum Term Employment Contract is specifically designed for use in the Nigerian employment context where employers seek to secure an employee's services for a guaranteed minimum period. This document type is particularly valuable for roles requiring significant training investment, project-based positions, or key organizational positions where continuity is crucial. The contract ensures compliance with Nigerian employment legislation, including the Labour Act, Pension Reform Act, and Employee's Compensation Act, while providing clear terms regarding duration of employment, responsibilities, compensation, and benefits. It offers protection for both parties by clearly defining the minimum commitment period, conditions for early termination, and associated consequences, making it an essential tool for workforce planning and risk management.

What sections should be included in a Minimum Term Employment Contract?

1. Parties: Identifies the employer and employee with their full legal names and addresses

2. Background: Brief context of the employment relationship and purpose of the agreement

3. Definitions: Defines key terms used throughout the contract

4. Appointment and Term: Details of the position, commencement date, and minimum term duration

5. Duties and Responsibilities: Outline of the employee's role, responsibilities, and reporting structure

6. Place of Work: Specified workplace location and any flexibility arrangements

7. Hours of Work: Standard working hours, overtime provisions, and rest periods as per Labour Act

8. Remuneration: Salary, payment frequency, and method of payment

9. Benefits: Statutory and additional benefits including pension, health insurance, and allowances

10. Leave Entitlements: Annual, sick, maternity/paternity, and other leave provisions

11. Confidentiality: Obligations regarding company confidential information

12. Termination: Grounds for termination, notice periods, and consequences of early termination

13. Post-Termination Obligations: Return of company property and ongoing confidentiality obligations

14. Governing Law: Specification of Nigerian law as governing law and jurisdiction

15. Dispute Resolution: Process for resolving employment-related disputes

16. Entire Agreement: Confirmation that the contract represents the complete agreement between parties

What sections are optional to include in a Minimum Term Employment Contract?

1. Probationary Period: Include if the employee is subject to an initial probationary period

2. Mobility Clause: Include if the employee may be required to relocate or work from different locations

3. Non-Competition: Include for senior positions or roles with access to sensitive information

4. Non-Solicitation: Include for client-facing roles or positions with access to customer/employee information

5. Intellectual Property: Include for roles involving creation of intellectual property

6. Commission Structure: Include for sales or performance-based roles

7. Remote Working: Include if remote work arrangements are permitted

8. Training Requirements: Include if specific training or qualifications are required

9. Performance Reviews: Include if formal performance review processes are in place

10. Bonus Scheme: Include if the role includes eligibility for bonuses

What schedules should be included in a Minimum Term Employment Contract?

1. Schedule 1 - Job Description: Detailed description of the role, responsibilities, and performance expectations

2. Schedule 2 - Compensation Details: Breakdown of salary components, allowances, and benefits

3. Schedule 3 - Company Policies: List of applicable company policies and procedures

4. Schedule 4 - Performance Metrics: Specific KPIs and performance measurement criteria

5. Appendix A - Code of Conduct: Company's code of conduct and ethical standards

6. Appendix B - Benefit Plans: Details of applicable benefit plans and schemes

7. Appendix C - Confidential Information: Definition and examples of confidential information

8. Appendix D - Training Requirements: Specific training requirements and development programs

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

Jurisdiction

Nigeria

Publisher

Genie AI

Document Type

Employment Contract

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Banking and Finance

Oil and Gas

Technology

Manufacturing

Construction

Healthcare

Education

Telecommunications

Professional Services

Retail

Agriculture

Mining

Transportation and Logistics

Real Estate

Hospitality

Media and Entertainment

Relevant Teams

Human Resources

Legal

Finance

Operations

Information Technology

Sales

Marketing

Research and Development

Production

Quality Assurance

Supply Chain

Customer Service

Business Development

Administration

Project Management Office

Relevant Roles

Chief Executive Officer

Managing Director

Department Head

Project Manager

Technical Specialist

Senior Engineer

Financial Controller

Human Resources Manager

Sales Director

Operations Manager

IT Manager

Research Scientist

Legal Counsel

Marketing Manager

Business Development Manager

Account Manager

Production Supervisor

Quality Control Manager

Supply Chain Manager

Software Developer

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

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