Royalty Fee Agreement Template for Nigeria

1. Quality Control: Required when the royalty agreement involves trademarks or branded products

2. Minimum Guarantees: Optional section specifying minimum royalty payments, used when seeking to ensure minimum revenue

3. Sub-licensing Rights: Include when the licensee may be granted rights to sub-license

4. Export Restrictions: Required when there are territorial restrictions on the use of licensed rights

5. Technology Transfer Provisions: Required when the agreement involves transfer of technology, triggering NOTAP requirements

6. Currency Conversion: Include when payments involve foreign currency transactions

7. Force Majeure: Optional protection against unforeseen circumstances

8. Anti-corruption Compliance: Recommended when dealing with international parties or public sector entities

1. Schedule 1 - Licensed Rights: Detailed description of the intellectual property or assets subject to royalties

2. Schedule 2 - Royalty Calculation Examples: Examples showing how royalties will be calculated in different scenarios

3. Schedule 3 - Reporting Template: Template for regular royalty reporting

4. Schedule 4 - Quality Control Standards: If applicable, specifications for quality control requirements

5. Schedule 5 - Approved Sub-licensees: If sub-licensing is permitted, list of pre-approved sub-licensees

6. Appendix A - Required Regulatory Approvals: List of required regulatory approvals, including NOTAP registration details

7. Appendix B - Authorized Usage Guidelines: Guidelines for how the licensed rights may be used