Mutual Partnership Agreement Template for Nigeria

1. Intellectual Property Rights: Required when the partnership will create or use significant intellectual property

2. International Operations: Needed when the partnership conducts business across international borders

3. Environmental Compliance: Required for partnerships in industries with environmental impact

4. Technology and Data Protection: Important when the partnership handles significant customer data or relies heavily on technology

5. Regulatory Compliance: Required for heavily regulated industries like financial services or healthcare

6. Employee Management: Necessary when the partnership will have employees

7. Insurance Requirements: Detailed insurance obligations when the business has specific risk factors

8. Exit Strategy: Detailed procedures for partner exit or business sale when partners want specific exit provisions

1. Schedule 1 - Initial Capital Contributions: Detailed breakdown of each partner's initial capital contributions

2. Schedule 2 - Profit Sharing Ratios: Specific percentages or formulas for profit and loss distribution

3. Schedule 3 - Partner Details: Complete contact information and official details of all partners

4. Schedule 4 - Business Plan: Initial business plan and strategic objectives

5. Schedule 5 - Asset Register: List of partnership assets and their ownership status

6. Appendix A - Management Procedures: Detailed procedures for day-to-day management and decision-making

7. Appendix B - Banking Mandates: Banking arrangements and signature authorities

8. Appendix C - Accounting Policies: Agreed accounting principles and procedures