Business Articles Of Incorporation Template for Nigeria

1. Pre-emptive Rights: Include when shareholders should have first right to purchase new shares before they're offered to others

2. Share Transfer Restrictions: Include when the company wants to restrict how shares can be transferred

3. Alternate Directors: Include when the company wants to allow directors to appoint alternates

4. Managing Director: Include when the company wants to specifically provide for a managing director position

5. Executive Committee: Include when the company wants to establish an executive committee structure

6. Borrowing Powers: Include detailed borrowing powers when the company anticipates significant financing activities

7. Foreign Ownership Provisions: Include when foreign investors are involved or anticipated

8. Arbitration Clause: Include when the company wants to specify arbitration for internal disputes

1. Schedule 1: Initial Subscribers: Details of the founding shareholders including names, addresses, and shareholdings

2. Schedule 2: Share Capital Structure: Detailed breakdown of share classes, rights, and initial allocation

3. Schedule 3: First Directors: Names and details of the first directors of the company

4. Schedule 4: Common Seal Format: Design and specifications for the company's common seal

5. Appendix A: Forms of Share Certificates: Templates for share certificates to be issued by the company

6. Appendix B: Proxy Forms: Standard forms for appointing proxies for meetings