Stock Repurchase Agreement Template for Nigeria

1. Employee Matters: Required when seller is an employee, addressing employment relationship and related matters

2. Tax Matters: Detailed tax provisions when complex tax implications exist

3. Foreign Exchange Provisions: Required when transaction involves foreign currency or international parties

4. Regulatory Compliance: Additional compliance terms when transaction requires specific regulatory approvals

5. Non-Competition and Non-Solicitation: Restrictions on seller's future activities, typically used with employee-sellers

6. Escrow Arrangements: Required when part of the purchase price is held in escrow

7. Multiple Sellers Provisions: Required when there are multiple selling shareholders

8. Share Retention: Required when seller retains some shares with specific holding requirements

1. Schedule 1 - Share Details: Details of shares being repurchased including share certificates and transfer history

2. Schedule 2 - Purchase Price Calculation: Detailed methodology for calculating the purchase price

3. Schedule 3 - Closing Deliverables: List of documents and items to be delivered at closing

4. Schedule 4 - Company Resolutions: Required corporate resolutions authorizing the repurchase

5. Schedule 5 - Warranties: Detailed warranties given by the seller

6. Appendix A - Share Transfer Form: Standard form for transferring shares back to the company

7. Appendix B - Payment Instructions: Detailed payment procedures and bank account information

8. Appendix C - Required Notices: Forms of notices required under Nigerian law for share repurchase