Term Service Contract Template for Nigeria

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Key Requirements PROMPT example:

Term Service Contract

"I need a Term Service Contract for IT maintenance services to be provided by my company to a Nigerian banking client, starting March 2025, with specific provisions for data security and 24/7 support requirements."

Document background
The Term Service Contract is a crucial legal instrument used in Nigerian business operations where ongoing service provision is required over a specified period. This document is essential when businesses need to establish clear, legally-binding terms for regular service delivery, whether for professional services, technical support, maintenance, or consulting arrangements. It complies with Nigerian legal requirements including the Contract Law Act, Labour Act, and relevant industry regulations. The agreement typically includes detailed service specifications, performance metrics, payment structures, and risk allocation between parties. It's particularly important in the Nigerian context where businesses must navigate both federal and state-level regulations while ensuring proper documentation of commercial relationships. The Term Service Contract provides a robust framework for managing service relationships while protecting both parties' interests under Nigerian law.
Suggested Sections

1. Parties: Identifies and provides full details of the contracting parties, including registration numbers and addresses

2. Background: Sets out the context and purpose of the agreement

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules

4. Scope of Services: Detailed description of the services to be provided

5. Term and Renewal: Duration of the agreement and any renewal provisions

6. Service Provider's Obligations: Key responsibilities and commitments of the service provider

7. Client's Obligations: Key responsibilities and commitments of the client

8. Fees and Payment Terms: Pricing, payment schedule, invoicing, and payment methods

9. Service Levels: Performance standards and metrics for service delivery

10. Intellectual Property Rights: Ownership and usage rights of IP created or used during service provision

11. Confidentiality: Protection of confidential information and trade secrets

12. Liability and Indemnification: Allocation of risks and responsibilities for losses

13. Termination: Grounds and process for ending the agreement

14. Dispute Resolution: Process for resolving disagreements, including arbitration provisions

15. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law

Optional Sections

1. Data Protection: Required when services involve processing personal data or sensitive information

2. Force Majeure: Addresses unforeseeable circumstances preventing contract performance

3. Insurance: Specifies required insurance coverage when services involve significant risks

4. Anti-Corruption: Required for high-value contracts or when dealing with government entities

5. Change Control: Needed when services may require modification during the term

6. Personnel: Important when specific individuals are key to service delivery

7. Non-Competition: Used when protecting against competitive activities is important

8. Assignment and Subcontracting: Required when there's a need to control transfer of rights or delegation of duties

9. Environmental Compliance: Necessary for services with environmental impact

10. Local Content: Required for contracts subject to Nigerian local content requirements

Suggested Schedules

1. Schedule 1 - Service Specifications: Detailed technical specifications of the services

2. Schedule 2 - Service Levels and KPIs: Specific metrics and standards for measuring service performance

3. Schedule 3 - Fee Schedule: Detailed breakdown of fees, rates, and payment terms

4. Schedule 4 - Key Personnel: List of key staff members and their roles

5. Schedule 5 - Implementation Plan: Timeline and milestones for service implementation

6. Schedule 6 - Required Insurance Coverage: Details of insurance types and coverage levels

7. Appendix A - Form of Service Report: Template for regular service performance reporting

8. Appendix B - Change Request Form: Standard form for requesting and documenting changes to services

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

Relevant legal definitions
Clauses
Relevant Industries

Oil and Gas

Information Technology

Professional Services

Construction

Facilities Management

Manufacturing

Healthcare

Telecommunications

Banking and Finance

Education

Energy

Transportation and Logistics

Mining

Agricultural Services

Relevant Teams

Legal

Procurement

Operations

Commercial

Finance

Risk and Compliance

Business Development

Contract Administration

Project Management

Service Delivery

Relevant Roles

Legal Counsel

Contract Manager

Procurement Manager

Operations Director

Commercial Manager

Project Manager

Business Development Manager

Risk Manager

Compliance Officer

Finance Director

General Manager

Chief Operating Officer

Service Delivery Manager

Account Manager

Human Resources Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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