Share Subscription Agreement And Share Purchase Agreement Template for Nigeria

1. Tag-Along and Drag-Along Rights: Optional provisions giving certain shareholders rights to join in or force participation in future sales, typically included for significant investments

2. Anti-dilution Protection: Protection for investors against future share issues at lower valuations, typically included for VC/PE investments

3. Board Representation: Rights of new shareholders to appoint directors, included when investors require board seats

4. Foreign Investment Provisions: Special provisions required for foreign investors, including NIPC compliance

5. Multiple Closings: Structure for phased investment with multiple completion dates

6. Regulatory Compliance: Special provisions for regulated industries or transactions requiring specific approvals

7. Put and Call Options: Rights for parties to force sale or purchase of shares under specific circumstances

8. Non-Competition and Non-Solicitation: Restrictions on competitive activities, typically included when sellers remain in the business

1. Share Capital and Shareholding Structure: Details of current and post-completion shareholding structure

2. Conditions Precedent: Detailed list of all conditions to be satisfied before completion

3. Completion Requirements: Detailed list of documents and actions required at completion

4. Warranties: Detailed warranties given by the parties

5. Company Information: Key information about the company including corporate documents, licenses, and material contracts

6. Disclosure Letter: Exceptions and qualifications to the warranties

7. Form of Share Certificate: Template for new share certificates to be issued

8. Board Resolutions: Form of board resolutions approving the transaction

9. Deed of Adherence: Form for new shareholders to adhere to existing shareholders' agreement if applicable