Consulting For Equity Agreement Template for Nigeria

1. Performance Metrics: Specific metrics for measuring consultant's performance, used when equity vesting is tied to performance targets

2. Board Observer Rights: Rights to attend board meetings, included when consultant receives substantial equity

3. Tag-Along Rights: Right to join in sale of shares, relevant for significant equity stakes

4. Put/Call Options: Rights to sell back or purchase additional shares, used in specific strategic relationships

5. Insurance Requirements: Professional liability insurance requirements, important for high-risk consulting work

6. Export Control: Compliance with export regulations, needed for international consulting work

7. Force Majeure: Provisions for unforeseeable circumstances, particularly relevant in long-term engagements

1. Schedule A - Services Description: Detailed scope of consulting services and deliverables

2. Schedule B - Equity Structure: Detailed breakdown of equity compensation, including class of shares and voting rights

3. Schedule C - Vesting Schedule: Detailed timeline and conditions for equity vesting

4. Schedule D - Performance Criteria: Specific metrics and targets for performance-based vesting

5. Schedule E - Company Cap Table: Current capitalization table showing all shareholders

6. Appendix 1 - Share Transfer Forms: Required forms for equity transfers under Nigerian law

7. Appendix 2 - Shareholders' Agreement: Reference to or extract of relevant shareholders' agreement provisions

8. Appendix 3 - Corporate Approvals: Copies of board and shareholder resolutions approving the agreement