Master Fee Protection Agreement Template for Nigeria

1. Electronic Communications: Provisions for electronic notifications and digital transactions - include when parties will primarily communicate electronically

2. Force Majeure: Provisions for unforeseen circumstances - particularly relevant in volatile markets or jurisdictions

3. Insurance Requirements: Specific insurance obligations - include when dealing with high-value transactions or regulated entities

4. Data Protection: Specific data protection obligations - include when personal data processing is involved

5. Anti-Corruption Provisions: Detailed anti-corruption compliance - include when dealing with government entities or high-risk sectors

6. Third Party Rights: Rights of third parties under the agreement - include when beneficiaries beyond the main parties are involved

7. Currency and Exchange Rates: Provisions for handling multiple currencies - include for international transactions

1. Schedule 1 - Protected Fees: Detailed list and calculation methodology for protected fees

2. Schedule 2 - Fee Protection Account Details: Specifications of the account(s) used for fee protection

3. Schedule 3 - Operational Procedures: Step-by-step procedures for fee protection mechanism

4. Schedule 4 - Service Level Agreement: Performance metrics and service standards

5. Schedule 5 - Authorized Representatives: List of authorized signatories and contact persons

6. Appendix A - Required Forms: Standard forms for notifications, requests, and authorizations

7. Appendix B - Compliance Checklist: Regulatory compliance requirements and verification checklist

8. Appendix C - Fee Calculation Examples: Examples illustrating fee calculation methodologies