Memorandum Of Agreement Between Buyer And Seller Template for Nigeria

1. Quality Assurance: Used when specific quality standards or testing procedures need to be maintained

2. Intellectual Property Rights: Included when the sale involves products with intellectual property components

3. Confidentiality: Added when sensitive information will be shared during the transaction

4. Force Majeure: Important for long-term or high-value agreements to address unforeseen circumstances

5. Insurance: Required for high-value goods or when specific risks need to be covered

6. Return and Refund Policy: Important for retail sales or when dealing with consumable goods

7. Training and Support: Included when the sale involves technical equipment or systems requiring user training

8. Compliance with Regulations: Added when the goods are subject to specific regulatory requirements

1. Schedule 1 - Product Specifications: Detailed technical specifications of the goods being sold

2. Schedule 2 - Price List: Detailed breakdown of prices for multiple items or components

3. Schedule 3 - Delivery Schedule: Detailed timeline for delivery if multiple shipments are involved

4. Schedule 4 - Quality Standards: Specific quality requirements and testing procedures

5. Schedule 5 - Warranty Terms: Detailed warranty terms and conditions

6. Appendix A - Required Documentation: List of documents required for the transaction (e.g., certificates, permits)

7. Appendix B - Service Level Agreement: Details of any ongoing service commitments or support

8. Appendix C - Compliance Certificates: Copies of relevant regulatory compliance certificates