Equipment Broker Agreement Template for Nigeria

1. Non-Compete: Restrictions on the broker's ability to represent competing equipment or principals - include when exclusivity is important

2. Insurance: Requirements for professional liability insurance - include for high-value equipment

3. Performance Targets: Minimum performance requirements - include when specific sales targets are crucial

4. Training and Support: Principal's obligations to provide product training - include for technical equipment

5. Marketing Guidelines: Rules for marketing and promoting the equipment - include when brand control is important

6. Compliance: Specific regulatory compliance requirements - include for regulated equipment types

7. Force Majeure: Provisions for unforeseen circumstances - include for long-term agreements

8. Bank Guarantee: Requirements for financial security - include for high-value transactions

1. Schedule 1 - Equipment List: Detailed list of equipment covered by the agreement, including specifications and pricing

2. Schedule 2 - Commission Rates: Detailed breakdown of commission structures for different equipment types or transaction values

3. Schedule 3 - Territory Definition: Specific geographical areas or markets covered by the agreement

4. Schedule 4 - Reporting Templates: Standard forms for activity reports and transaction documentation

5. Schedule 5 - Service Level Standards: Performance metrics and service quality standards

6. Appendix A - Marketing Guidelines: Detailed guidelines for equipment promotion and brand usage

7. Appendix B - Due Diligence Requirements: Checklist for customer verification and transaction documentation

8. Appendix C - Standard Operating Procedures: Step-by-step procedures for common transactions and activities