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Development And Supply Agreement

Development And Supply Agreement Template for Nigeria

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Key Requirements PROMPT example:

Development And Supply Agreement

"I need a Development and Supply Agreement for a Nigerian technology company developing custom software solutions for our banking operations, with ongoing maintenance and updates to be supplied for 3 years starting March 2025; the agreement must include strong IP protection and data security provisions."

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Document background
The Development And Supply Agreement is essential for businesses operating in Nigeria that require custom-developed products with an ongoing supply arrangement. This document is particularly relevant when a company needs specific products developed to their specifications and wants to secure a long-term supply relationship with the developer/manufacturer. It addresses both the development phase (including specifications, testing, and acceptance) and the subsequent supply arrangement (including pricing, quality standards, and delivery terms). The agreement must comply with Nigerian law, including local content requirements, technology transfer regulations, and industrial property protection. It's commonly used in manufacturing, technology, and industrial sectors where custom development is followed by regular supply needs. The document includes provisions for intellectual property protection, quality control, pricing mechanisms, and dispute resolution, all within the Nigerian legal framework.
Suggested Sections

1. Parties: Identification and details of the contracting parties

2. Background: Context of the agreement and relationship between parties

3. Definitions: Defined terms used throughout the agreement

4. Development Phase: Terms governing the development process, including milestones, specifications, and acceptance criteria

5. Intellectual Property Rights: Ownership and licensing of IP created during development

6. Supply Obligations: Terms governing the supply of developed products including quantities, delivery terms

7. Quality Requirements: Quality standards, testing procedures, and acceptance criteria

8. Pricing and Payment: Price determination, payment terms, and any price adjustment mechanisms

9. Term and Termination: Duration of agreement and circumstances for termination

10. Confidentiality: Protection of confidential information and trade secrets

11. Warranties and Indemnities: Product warranties, performance guarantees, and indemnification provisions

12. Force Majeure: Provisions for unforeseen circumstances affecting performance

13. Dispute Resolution: Procedures for resolving disputes between parties

14. Governing Law: Specification of Nigerian law as governing law and jurisdiction

Optional Sections

1. Exclusivity Arrangements: Terms of exclusive development or supply relationship, if applicable

2. International Trade Terms: Specific provisions for international supply arrangements including Incoterms

3. Technology Transfer: Terms governing any technology transfer requirements under Nigerian law

4. Environmental Compliance: Specific environmental obligations if development involves manufacturing

5. Local Content Requirements: Provisions ensuring compliance with Nigerian local content laws if applicable

6. Change Control: Procedures for managing changes to development specifications or supply terms

7. Insurance: Specific insurance requirements beyond standard coverage

8. Bank Guarantees: Requirements for performance bonds or other financial security

Suggested Schedules

1. Technical Specifications: Detailed technical requirements for the product development

2. Development Milestones: Specific timeline and deliverables for the development phase

3. Acceptance Test Procedures: Detailed procedures for testing and accepting developed products

4. Pricing Schedule: Detailed pricing structure, including any volume-based adjustments

5. Quality Control Procedures: Detailed quality control and testing requirements

6. Service Level Agreement: Performance metrics and service levels for supply phase

7. Approved Subcontractors: List of approved subcontractors if applicable

8. Form of Purchase Order: Standard form for ordering under the supply arrangement

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions














































Clauses




































Relevant Industries

Manufacturing

Technology

Pharmaceuticals

Automotive

Electronics

Industrial Equipment

Chemical Processing

Consumer Goods

Telecommunications

Energy and Resources

Agriculture

Medical Devices

Relevant Teams

Legal

Procurement

Research and Development

Supply Chain

Quality Assurance

Technical Operations

Commercial

Manufacturing

Product Development

Compliance

Project Management

Relevant Roles

Chief Technology Officer

Procurement Manager

Supply Chain Director

Research and Development Director

Legal Counsel

Commercial Director

Quality Assurance Manager

Product Development Manager

Manufacturing Manager

Contract Manager

Chief Operations Officer

Technical Director

Compliance Officer

Project Manager

Business Development 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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