Non Compete Agreement For Contractors Template for Nigeria

The Non-Compete Agreement For Contractors is essential for businesses operating in Nigeria who engage independent contractors with access to sensitive information, key client relationships, or valuable intellectual property. This document is particularly crucial in the Nigerian business environment where contractor relationships are common and protection of business interests is vital. The agreement should be carefully drafted to comply with Nigerian legal requirements, including reasonable restrictions in terms of duration, geographical scope, and prohibited activities. It typically includes comprehensive definitions, clear scope of restrictions, and enforcement mechanisms. The document is commonly used when engaging high-level consultants, technical specialists, or other contractors who could pose a competitive threat if they were to work with competitors or start competing businesses.

1. Parties: Identification of the contracting company and the contractor, including full legal names and addresses

2. Background: Context of the agreement, nature of the contractor's engagement, and legitimate business interests being protected

3. Definitions: Key terms including 'Confidential Information', 'Competing Business', 'Restricted Territory', 'Restricted Period', and 'Restricted Activities'

4. Scope of Engagement: Overview of the contractor's role and responsibilities to establish context for the restrictions

5. Non-Compete Obligations: Core restrictions including duration, geographical limitations, and prohibited activities

6. Non-Solicitation of Customers: Restrictions on approaching or dealing with company clients and customers

7. Non-Solicitation of Employees: Restrictions on hiring or attempting to hire company employees

8. Confidentiality Obligations: Protection of confidential information and trade secrets

9. Acknowledgment of Reasonableness: Contractor's acknowledgment that restrictions are reasonable and necessary

10. Duration and Territory: Specific timeframes and geographical areas where restrictions apply

11. Remedies: Available remedies in case of breach, including injunctive relief and damages

12. Governing Law and Jurisdiction: Specification of Nigerian law and courts having jurisdiction

13. General Provisions: Standard clauses including severability, entire agreement, and amendments