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Business To Business Non Compete Agreement Template for Nigeria

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Key Requirements PROMPT example:

Business To Business Non Compete Agreement

"I need a Business To Business Non Compete Agreement for my technology consulting firm in Lagos, restricting a partner company from competing in our enterprise software solutions business across Western Nigeria for 3 years starting March 2025."

Document background
The Business To Business Non Compete Agreement is a crucial legal instrument in Nigerian commercial practice, designed to protect legitimate business interests while maintaining fair competition. This document is particularly valuable when companies engage in strategic partnerships, joint ventures, or business transactions where one party gains significant insight into another's operations, trade secrets, or market strategies. The agreement must carefully balance business protection with Nigerian competition law requirements, specifically the Federal Competition and Consumer Protection Act 2018, which regulates anti-competitive practices. It typically includes detailed provisions on restricted activities, geographical limitations, duration, and enforcement mechanisms, while ensuring compliance with Nigerian constitutional principles of freedom of trade and association.
Suggested Sections

1. Parties: Identification of the contracting businesses, including registration details and addresses

2. Background: Context of the agreement, business relationship between parties, and purpose of the non-compete arrangement

3. Definitions: Key terms used throughout the agreement, including 'Competitive Activity', 'Confidential Information', 'Territory', etc.

4. Non-Compete Obligations: Core restrictions and specific prohibited activities, including scope of competitive activities

5. Duration and Territory: Time period and geographical scope of the non-compete restrictions

6. Consideration: The benefit or value exchanged for the non-compete obligations

7. Confidentiality: Obligations regarding confidential information and trade secrets

8. Breach and Remedies: Consequences of breach and available remedies including injunctive relief

9. General Provisions: Standard contract clauses including governing law, entire agreement, and severability

10. Execution: Signature blocks and execution details

Optional Sections

1. Non-Solicitation: Additional restrictions on soliciting employees, customers, or suppliers - used when business relationships need specific protection

2. Assignment: Rights to transfer the agreement - included when either party may undergo corporate restructuring

3. Dispute Resolution: Specific procedures for resolving disputes - used when parties prefer alternative dispute resolution methods

4. Force Majeure: Provisions for unforeseeable circumstances - included when long-term obligations exist

5. Independent Contractor: Clarification of relationship between parties - used when there's potential confusion about business relationship

6. Survival: Provisions that continue after agreement termination - included when certain obligations should extend beyond the agreement

Suggested Schedules

1. Schedule 1 - Restricted Business Activities: Detailed list of specific business activities, products, or services covered by the non-compete

2. Schedule 2 - Territory Map: Geographical areas where restrictions apply, including maps or specific boundary descriptions

3. Schedule 3 - Affiliated Companies: List of related companies or subsidiaries covered by the agreement

4. Schedule 4 - Consideration Details: Detailed breakdown of any financial or other consideration provided

5. Appendix A - Confidential Information: Specific categories of confidential information covered by the agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 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

Technology and Software

Manufacturing

Professional Services

Healthcare and Pharmaceuticals

Financial Services

Energy and Resources

Telecommunications

Retail and Consumer Goods

Industrial Services

Research and Development

Consulting

Media and Entertainment

Relevant Teams

Legal

Corporate Strategy

Business Development

Executive Leadership

Compliance

Risk Management

Commercial Operations

Mergers and Acquisitions

Corporate Affairs

Partnership Management

Relevant Roles

Chief Executive Officer

Managing Director

Legal Counsel

Business Development Manager

Chief Operating Officer

Commercial Director

Corporate Strategy Manager

Partnership Manager

Compliance Officer

Risk Manager

General Counsel

Contract Manager

Chief Financial Officer

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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