Shared Services 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 Shared Services 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:

Shared Services Agreement

"I need a Shared Services Agreement under Nigerian law for IT and HR services between our Lagos-based parent company and three subsidiary companies, with implementation planned for March 2025 and including specific provisions for data protection and staff transfers."

Document background

The Shared Services Agreement is essential for organizations operating in Nigeria that wish to centralize certain business functions for improved efficiency and cost optimization. This document is particularly relevant in the context of group companies, corporate restructurings, or strategic partnerships where shared services models can generate economies of scale. The agreement comprehensively addresses service scope, performance standards, pricing mechanisms, and governance frameworks while ensuring compliance with Nigerian regulatory requirements, including CAMA 2020, tax regulations, and data protection laws. It is designed to provide clarity on service delivery expectations, risk allocation, and operational procedures while maintaining flexibility for service modifications as business needs evolve.

Suggested Sections

1. Parties: Identification of the service provider and recipient entities, including registration details and addresses

2. Background: Context of the agreement, relationship between parties, and general purpose of the shared services arrangement

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

4. Services: Overview of services to be provided, service standards, and delivery methodology

5. Service Levels: Performance metrics, KPIs, and measurement criteria

6. Charges and Payment: Fee structure, payment terms, invoicing process, and cost allocation methodology

7. Duration and Termination: Term of agreement, renewal provisions, and termination rights

8. Obligations of Service Provider: Key responsibilities, commitments, and warranties of the service provider

9. Obligations of Service Recipient: Requirements, commitments, and responsibilities of the service recipient

10. Governance: Management structure, reporting requirements, and oversight mechanisms

11. Intellectual Property: Ownership and usage rights of IP created or used in service delivery

12. Confidentiality: Protection and handling of confidential information

13. Data Protection: Compliance with Nigerian Data Protection Regulation and data handling procedures

14. Liability and Indemnification: Allocation of risks, limitation of liability, and indemnification provisions

15. Force Majeure: Events excusing performance and related procedures

16. Dispute Resolution: Process for resolving disputes, including jurisdiction and governing law

17. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement

Optional Sections

1. Transition Services: Include when initial setup or eventual transition of services is complex and requires detailed planning

2. Business Continuity: Add for critical services requiring disaster recovery and business continuity planning

3. Staff Transfer: Include when the arrangement involves transfer or secondment of employees

4. Change Control: Add for complex services requiring formal processes for service modifications

5. Compliance with Anti-Corruption Laws: Include for cross-border services or when dealing with government entities

6. Parent Company Guarantee: Add when financial security from a parent company is required

7. Foreign Exchange Provisions: Include for cross-border services with foreign currency considerations

8. Tax Provisions: Add detailed tax clauses when complex tax implications exist

9. Audit Rights: Include for regulated industries or when significant compliance obligations exist

Suggested Schedules

1. Schedule 1 - Services Description: Detailed description of each service, including scope, specifications, and exclusions

2. Schedule 2 - Service Levels: Detailed service level requirements, measurement methods, and penalties/remedies

3. Schedule 3 - Charges: Detailed pricing structure, cost allocation methodology, and payment calculations

4. Schedule 4 - Key Personnel: List of key personnel from both parties responsible for service delivery and management

5. Schedule 5 - Governance Procedures: Detailed procedures for service management, escalation, and reporting

6. Schedule 6 - Technical Requirements: Technical specifications, systems requirements, and integration details

7. Schedule 7 - Form of Reports: Templates and formats for required service reports and documentation

8. Schedule 8 - Exit Plan: Procedures and requirements for service termination and transition

9. Appendix A - Contact Details: Contact information for key personnel and authorized representatives

10. Appendix B - Approved Subcontractors: List of approved subcontractors and their permitted scope of work

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

Financial Services

Manufacturing

Oil and Gas

Telecommunications

Technology

Healthcare

Retail

Professional Services

Construction

Energy

Agriculture

Fast-Moving Consumer Goods

Real Estate

Education

Transportation and Logistics

Relevant Teams

Legal

Finance

Operations

Human Resources

Information Technology

Procurement

Compliance

Risk Management

Internal Audit

Facilities Management

Administration

Corporate Services

Business Development

Strategy

Commercial

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Head of Shared Services

General Counsel

Legal Director

Commercial Director

Operations Director

Finance Director

HR Director

IT Director

Procurement Manager

Shared Services Manager

Contract Manager

Compliance Officer

Risk Manager

Service Delivery Manager

Business Development Manager

Strategy Director

Group Financial Controller

Find the exact document you need

Website Agreement Contract

A Nigerian law-governed agreement establishing terms and conditions for website usage, user rights, and data protection compliance.

How a Sales & Marketing Lead uses Genie AI to reduce contract drafting time by 95%

Let's create your Shared Services Agreement

Authors

Alex Denne

Find the exact document you need

Website Agreement Contract

Commercial Cleaning Proposal

Electronic Contract

Lease Agreement For Trucking Company

Notarial Contract

Distance Contract

Client Confidentiality Policy

Labor Agreement

Design Agreement

Client Agreement Form

Apartment Rental Lease

Virtual Contract

Training Agreement Between Company And Trainer

Supply Agreement Contract

Service Bond Agreement

Reservation Contract

Public Service Agreement

Operation And Maintenance Contract

Facility Letter

Exclusive Buyer Brokerage Agreement

Enterprise Subscription Agreement

Customer Protection Agreement

Clearing Agreement

Admission Agreement

Administrative Contract

Shared Services Agreement

Installation Agreement

Payment Settlement Agreement

Dispatcher Agreement

Staffing Agreement

Personal Services Contract

Staff Contract

Volunteer Agreement

Home Construction Contract

Truck Driver Contract Agreement

Data Processing Agreement

Landscape Contract

Graphic Design Contract

Master Contract Agreement

House Rental Lease

House Rental Form

Equipment Rental Form

Design Services Agreement

Simple Consulting Agreement

Rental Lease

Website Hosting Agreement

Design And Construct Contract

Rental Guarantor Form

Cleaning Business Contract

Letter For Payment Agreement

Car Rental Agreement Between Friends

Spousal Agreement

HVAC Service Contract

Training Bond Agreement

Colocation Agreement

Service Occupancy Agreement

Painter Contract

Fixed Term Agreement

Financial Responsibility Form

Commercial Cleaning Contract

Short Form Contract

Service Agreement Between Two Companies

Transfer Service Agreement

Service Agreement Letter

Outsourcing Agreement Between Two Companies

Security Contract Agreement

Rental Guarantor Letter

Cloud Agreement

Agreement For Supply Of Goods On Credit

Annual Service Contract

Administrative Services Agreement

Repair Contract

Cash Management Agreement

Business Service Agreement

Monthly Retainer Contract