Termination Of Contract Due To Non Performance for Nigeria

Termination Of Contract Due To Non Performance Template for Nigeria

A formal legal document governed by Nigerian law that serves to terminate an existing contractual relationship due to one party's failure to meet their contractual obligations. This document outlines the specific instances of non-performance, references previous communications regarding the breach, states the legal basis for termination under Nigerian contract law, and specifies the consequences of termination. It includes provisions for outstanding obligations, remedies sought, and any transition requirements, while ensuring compliance with Nigerian legal requirements for contract termination.

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What is a Termination Of Contract Due To Non Performance?

The Termination Of Contract Due To Non Performance document is a crucial legal instrument used when one party needs to formally end a contractual relationship due to the other party's failure to fulfill their obligations under Nigerian law. This document is typically employed after attempts to resolve performance issues have failed and when there is clear evidence of material breach. It must comply with Nigerian contract law principles and include specific details about the breach, reference to prior notifications, and the legal basis for termination. The document should be used when there is documented evidence of non-performance, when formal notices of breach have been previously issued, and when termination is the appropriate remedy under the contract terms. It's essential to ensure all procedural requirements under Nigerian law are met to make the termination legally effective and enforceable.

What sections should be included in a Termination Of Contract Due To Non Performance?

1. Recipient Details and Date: Full name, address, and contact details of the recipient party, along with the date of the letter

2. Contract Reference: Clear identification of the contract being terminated, including date of execution and contract reference number

3. Statement of Non-Performance: Specific details of how the other party has failed to perform their contractual obligations

4. Prior Notifications: Reference to previous communications regarding the breach and attempts to remedy

5. Legal Basis for Termination: Citation of relevant contract clauses and legal provisions supporting the termination

6. Notice of Termination: Clear statement of intention to terminate the contract and the effective date

7. Outstanding Obligations: Statement of any remaining obligations or payments due from either party

8. Demand for Remedy: Details of any compensation or remedial action being sought

What sections are optional to include in a Termination Of Contract Due To Non Performance?

1. Cure Period: Include if giving the defaulting party one final opportunity to remedy the breach

2. Return of Property: Include if there are physical assets or intellectual property to be returned

3. Confidentiality Reminder: Include if there are ongoing confidentiality obligations that survive termination

4. Dispute Resolution: Include if specific dispute resolution procedures are required by the original contract

5. Future Cooperation: Include if ongoing cooperation is needed for transition or handover

6. Reservation of Rights: Include to preserve rights to seek additional remedies or damages

What schedules should be included in a Termination Of Contract Due To Non Performance?

1. Evidence of Non-Performance: Documentation proving the breach of contract and non-performance

2. Communication History: Chronological record of all relevant communications regarding the breach

3. Original Contract: Copy of the original contract highlighting relevant termination clauses

4. Performance Reports: Reports or assessments demonstrating inadequate performance

5. Financial Statement: Statement of outstanding amounts, damages, or financial implications

6. Handover Schedule: Timeline and process for transitioning services or returning property

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

Termination Letter

Cost

Free to use
Relevant Industries

Construction

Manufacturing

Information Technology

Professional Services

Oil and Gas

Telecommunications

Real Estate

Financial Services

Healthcare

Education

Retail

Agriculture

Transportation and Logistics

Mining

Relevant Teams

Legal

Procurement

Operations

Commercial

Risk and Compliance

Senior Management

Contract Administration

Project Management

Business Development

Finance

Relevant Roles

Legal Counsel

Contract Manager

Procurement Manager

Project Manager

Business Development Manager

Operations Director

Chief Executive Officer

Chief Legal Officer

Commercial Director

Risk Manager

Compliance Officer

General Manager

Managing Director

Company Secretary

Finance Director

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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