Employee Release Agreement Template for Nigeria

1. Non-Compete Obligations: Used when there are post-employment competition restrictions (note: must be reasonable and justified under Nigerian law)

2. Non-Solicitation: Used when preventing solicitation of employees/customers is required

3. Pension Arrangements: Used when specific pension considerations need to be addressed

4. Ongoing Cooperation: Used when employee's assistance may be needed for transition or future matters

5. Legal Advice: Used to confirm employee has received independent legal advice (recommended for senior employees)

6. Share Options/Benefits: Used when employee has share options or other benefits that need to be addressed

7. Medical Insurance: Used when continuation or termination of medical benefits needs to be addressed

8. Reaffirmation of Existing Obligations: Used when specific existing obligations need to continue post-employment

1. Schedule 1 - Payment Breakdown: Detailed breakdown of all payments including statutory entitlements, ex-gratia payments, and benefits

2. Schedule 2 - Company Property List: Comprehensive list of company property to be returned

3. Schedule 3 - Existing Agreements: List of any existing agreements that survive or are terminated

4. Appendix A - Form of Reference: Agreed form of employment reference

5. Appendix B - Certificate of Compliance: Form for confirming return of company property and compliance with obligations