Non Compete Partnership Agreement Template for Nigeria

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Non Compete Partnership Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Non Compete Partnership Agreement

"I need a Non-Compete Partnership Agreement for a technology consulting firm in Lagos, Nigeria, where three equal partners will contribute ₦5 million each, with non-compete restrictions covering Western Africa for 2 years after partnership termination."

Document background

The Non-Compete Partnership Agreement is a crucial legal instrument used in Nigerian business relationships where two or more parties wish to form a business partnership while protecting their mutual interests from competitive activities. This document is particularly vital in scenarios where partners will have access to sensitive business information, trade secrets, or valuable client relationships. The agreement combines standard partnership provisions under Nigerian law with specific non-compete clauses that restrict partners from engaging in competitive activities during the partnership and for a defined period after its termination. It must comply with Nigerian partnership laws, the Federal Competition and Consumer Protection Act 2018, and constitutional provisions regarding freedom of trade. The document is especially relevant for new business formations, professional service partnerships, and joint ventures where protecting business interests is paramount.

Suggested Sections

1. Parties: Identification and details of all partners entering into the agreement

2. Background: Context of the partnership and reasons for entering into the non-compete agreement

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Partnership Structure: Details of partnership formation, ownership percentages, and capital contributions

5. Scope of Partnership: Define the business activities and geographic area covered by the partnership

6. Non-Compete Provisions: Specific restrictions on competitive activities, including duration, geographic scope, and prohibited activities

7. Partners' Duties and Responsibilities: Detailed outline of each partner's roles, obligations, and responsibilities

8. Management and Decision Making: Procedures for partnership management and decision-making processes

9. Financial Arrangements: Profit sharing, loss allocation, and financial management procedures

10. Confidentiality: Protection of partnership's confidential information and trade secrets

11. Term and Termination: Duration of the agreement and conditions for termination

12. Post-Termination Obligations: Continuing obligations after partnership termination, including non-compete enforcement

13. Dispute Resolution: Procedures for resolving disputes between partners

14. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction

Optional Sections

1. Intellectual Property Rights: Detailed provisions regarding ownership and use of IP, necessary when partnership involves significant IP assets

2. International Operations: Additional provisions for partnerships operating across international borders

3. Insurance Requirements: Specific insurance obligations for partners, recommended for high-risk businesses

4. Exit Strategy: Detailed procedures for partner exit or buy-out options

5. Force Majeure: Provisions for unforeseen circumstances affecting partnership operations

6. Assignment and Succession: Rules regarding transfer of partnership interests and succession planning

7. Marketing and Branding: Guidelines for use of partnership brand and marketing activities

Suggested Schedules

1. Schedule A - Business Plan: Detailed business plan and strategic objectives of the partnership

2. Schedule B - Capital Contributions: Detailed breakdown of each partner's capital contributions

3. Schedule C - Prohibited Activities: Comprehensive list of specific activities prohibited under non-compete provisions

4. Schedule D - Geographic Restrictions: Detailed mapping of geographic areas covered by non-compete provisions

5. Schedule E - Partner Information: Detailed information about each partner including contact details and qualifications

6. Appendix 1 - Financial Procedures: Detailed procedures for financial management and reporting

7. Appendix 2 - Conflict Resolution Procedures: Step-by-step procedures for handling partnership disputes

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Professional Services

Technology and Software

Manufacturing

Retail and Distribution

Healthcare

Financial Services

Consulting

Real Estate

Energy and Resources

Education and Training

Agriculture

Construction

Media and Entertainment

Telecommunications

Relevant Teams

Legal

Corporate Affairs

Executive Leadership

Business Development

Operations

Finance

Compliance

Strategy

Risk Management

Commercial

Relevant Roles

Business Owner

Managing Partner

Chief Executive Officer

Chief Operating Officer

Legal Counsel

Business Development Manager

Professional Partner

Director of Operations

Franchise Owner

Joint Venture Manager

Senior Partner

Company Secretary

Chief Financial Officer

Partnership Manager

Business Unit Head

Find the exact document you need

Non Competition Agreement Between Companies

A Nigerian law-governed agreement establishing non-compete obligations between companies, defining restricted activities, geographical scope, and duration in compliance with Nigerian competition law.

How Genie AI reduced drafting time by 75% for a legal firm

Let's create your Non Compete Partnership Agreement

Authors

Alex Denne

Find the exact document you need

Non Competition Agreement Between Companies

3 Year Non Compete Agreement

Company Non Compete Agreement

Non Compete Agreement For Independent Contractors

Non Disparagement Agreement

Non Compete Non Solicitation Agreement

Non Disclosure Non Solicitation Agreement

Non Compete Solicitation Agreement

Non Compete Agreement Between Companies

Confidentiality And Non Competition Agreement

Business To Business Non Compete Agreement

Noncompete Agreement Form

Lifetime Non Compete Agreement

Subcontractor Non Solicitation Agreement

Non Solicitation Agreement Between Two Companies

Non Compete Agreement For Sales Representative

Agreement Not To Work For Competitor

Non Compete Partnership Agreement

Non Solicitation Agreement

Non Compete Contract

Download our whitepaper on the future of AI in Legal

Genie’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Commercial

Employment

IP

Administration

Finance

R&D

Use Cases