Sharing Contract Template for Nigeria

1. Non-Competition: Restrictions on competitive activities, used when sharing involves business operations

2. Insurance: Insurance requirements, included when sharing involves physical assets or high-risk activities

3. Force Majeure: Provisions for unforeseeable circumstances, particularly relevant for long-term sharing arrangements

4. Intellectual Property: IP rights and usage terms, included when sharing involves intellectual property

5. Environmental Compliance: Environmental obligations, necessary when sharing involves natural resources or industrial activities

6. Assignment: Rights and restrictions regarding transfer of agreement rights, included for complex commercial arrangements

7. Third Party Rights: Provisions regarding rights of parties not directly involved in the agreement

8. Exit Strategy: Procedures for voluntary exit from the sharing arrangement, useful for long-term partnerships

1. Schedule 1: Asset Register: Detailed list of assets subject to the sharing arrangement

2. Schedule 2: Sharing Ratios: Specific percentages or formulas for sharing

3. Schedule 3: Payment Schedule: Detailed payment terms and timelines

4. Schedule 4: Operating Procedures: Specific procedures for managing shared resources or operations

5. Schedule 5: Key Personnel: List of key individuals involved in managing the sharing arrangement

6. Appendix A: Calculation Methods: Detailed methods for calculating shares or distributions

7. Appendix B: Reporting Templates: Standard forms for required reports and documentation

8. Appendix C: Compliance Requirements: Specific regulatory or compliance requirements applicable to the sharing arrangement