Term Sheet Partnership Agreement Template for Nigeria

1. Intellectual Property Rights: Used when the partnership involves development or sharing of intellectual property

2. Non-Competition: Include when partners need to agree not to compete with the partnership

3. Foreign Investment Provisions: Required when partnership involves foreign partners or cross-border elements

4. Regulatory Compliance: Include when partnership operates in regulated industries

5. Exit Mechanisms: Used when partners want to define specific exit routes upfront

6. Dispute Resolution: Include when parties want to specify alternative dispute resolution methods

7. Future Funding Commitments: Used when additional capital contributions may be required

1. Schedule A - Initial Capital Contributions: Detailed breakdown of each partner's initial capital contributions

2. Schedule B - Business Plan Overview: High-level summary of partnership's business objectives and strategy

3. Schedule C - Management Structure: Detailed organizational chart and management responsibilities

4. Schedule D - Key Performance Indicators: Metrics for measuring partnership success

5. Appendix 1 - Partner Information: Detailed information about each partner including registration documents

6. Appendix 2 - Asset Schedule: List of assets to be contributed to the partnership

7. Appendix 3 - Required Regulatory Approvals: List of necessary regulatory approvals and licenses