¶¶Òõ¶ÌÊÓÆµ

Joint Venture And Shareholders Agreement Template for Nigeria

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Joint Venture And Shareholders Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Joint Venture And Shareholders Agreement

"I need a Joint Venture and Shareholders Agreement under Nigerian law for a manufacturing joint venture between our UK-based company (60% ownership) and a local Nigerian partner (40% ownership), with operations expected to commence in March 2025 and including specific provisions for technology transfer and export rights."

Document background
The Joint Venture And Shareholders Agreement is a crucial document used when two or more parties wish to establish a business collaboration while clearly defining their ownership and governance rights under Nigerian law. This agreement is particularly relevant in the Nigerian market where joint ventures are common in various sectors, especially those requiring local content participation. The document combines elements of both a joint venture agreement (focusing on business collaboration and operations) and a shareholders agreement (governing ownership rights and corporate governance). It must comply with Nigerian legislation, particularly CAMA 2020, and typically includes provisions for board composition, voting rights, share transfers, dispute resolution, and exit mechanisms. This type of agreement is especially important for international investors entering the Nigerian market, as it provides clarity on control, management, and protection of shareholders' interests while ensuring compliance with local regulations.
Suggested Sections

1. Parties: Identification of all parties entering into the agreement, including their registered addresses and company details

2. Background: Recitals explaining the context of the joint venture and the parties' intentions

3. Definitions and Interpretation: Comprehensive definitions of terms used throughout the agreement and rules of interpretation

4. Formation of the Joint Venture: Details of the joint venture company's formation, business objectives, and scope

5. Capital Structure and Financing: Initial capitalization, shareholding structure, and future funding obligations

6. Share Subscription and Payment: Terms and conditions for initial share subscription and payment arrangements

7. Management and Governance: Board composition, appointment rights, voting rights, and management structure

8. Shareholders' Rights and Obligations: Key rights and obligations of shareholders, including voting and dividend rights

9. Reserved Matters: Decisions requiring special majority or unanimous consent

10. Transfer of Shares: Restrictions on share transfers, right of first refusal, tag-along and drag-along rights

11. Deadlock Resolution: Procedures for resolving fundamental disagreements between shareholders

12. Non-Competition and Confidentiality: Restrictions on competitive activities and protection of confidential information

13. Term and Termination: Duration of the agreement and circumstances for termination

14. Exit Mechanisms: Procedures for shareholder exit, including put and call options

15. Dispute Resolution: Procedures for resolving disputes, including arbitration provisions

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

Optional Sections

1. Technology and Intellectual Property: Required when the joint venture involves significant IP or technology transfer

2. Local Content Requirements: Necessary when the joint venture operates in sectors with specific Nigerian local content requirements

3. Environmental Compliance: Required for joint ventures in industries with environmental impact

4. Industry-Specific Regulations: Needed when operating in regulated industries like oil & gas, banking, or telecommunications

5. Foreign Investment Provisions: Required when one or more parties are foreign investors

6. Employee Matters: Necessary when the joint venture involves significant employee transfers or specific employment arrangements

7. Tax Matters: Detailed tax provisions required for complex cross-border structures or specific tax arrangements

Suggested Schedules

1. Schedule 1 - Details of the Company: Company information including registration details, registered office, and initial directors

2. Schedule 2 - Initial Business Plan: Detailed business plan including strategic objectives, financial projections, and operational plans

3. Schedule 3 - Capital Structure: Detailed breakdown of shareholding, share classes, and rights attached to shares

4. Schedule 4 - Reserved Matters: Comprehensive list of matters requiring special approval

5. Schedule 5 - Initial Directors: List of initial directors and their details

6. Schedule 6 - Deed of Adherence: Form of deed for new shareholders joining the agreement

7. Schedule 7 - Key Performance Indicators: Agreed performance metrics for the joint venture

8. Schedule 8 - Initial Budget: Detailed first-year budget and financial requirements

9. Appendix A - Articles of Association: Company's articles of association aligned with the shareholders agreement

10. Appendix B - Management Policies: Key management and operational policies

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

Oil and Gas

Manufacturing

Agriculture and Agribusiness

Technology and Telecommunications

Financial Services

Infrastructure Development

Real Estate

Mining and Natural Resources

Power and Energy

Healthcare

Fast-Moving Consumer Goods

Transportation and Logistics

Education

Construction

Relevant Teams

Legal

Corporate Affairs

Finance

Mergers and Acquisitions

Business Development

Compliance

Risk Management

Strategy

Corporate Governance

Investment

Operations

Relevant Roles

Chief Executive Officer

Managing Director

Chief Financial Officer

Legal Director

Corporate Secretary

Head of Mergers and Acquisitions

Investment Director

Board Member

Chief Operating Officer

General Counsel

Commercial Director

Business Development Director

Risk Management Officer

Compliance Officer

Strategy Director

Joint Venture 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

Find the exact document you need

Joint Venture Agreement For Tender

A Nigerian law-governed agreement establishing a joint venture between parties for tender participation, defining rights, responsibilities, and profit-sharing arrangements.

find out more

Joint Venture Agreement For Bidding

A Nigerian law-governed agreement establishing a joint venture between parties for the purpose of collaborating on a specific bid opportunity.

find out more

International Joint Venture Contract

Nigerian-law governed agreement establishing a joint venture between international and local entities, addressing ownership, management, and regulatory compliance.

find out more

Joint Venture Offer Letter

A preliminary proposal document under Nigerian law outlining key terms and conditions for establishing a joint venture partnership, serving as the foundation for subsequent detailed agreements.

find out more

Joint Venture Development Agreement

A Nigerian law-governed agreement establishing a joint venture between parties for development projects, covering structure, contributions, and project execution.

find out more

Land Joint Venture Agreement

A Nigerian law-governed agreement establishing a joint venture between parties for land development or utilization, ensuring compliance with the Land Use Act and local regulations.

find out more

Joint Venture Building Agreement

A Nigerian law-governed agreement establishing a joint venture between parties for a building project, covering ownership, responsibilities, and project execution terms.

find out more

Wholesale Joint Venture Agreement

Nigerian-law governed agreement establishing a joint venture for wholesale trading operations, including operational, financial, and regulatory provisions.

find out more

Joint Venture Agreement For Film Production

A Nigerian law-governed agreement establishing a joint venture between parties for film production, defining rights, obligations, and profit-sharing arrangements.

find out more

Joint Venture Agreement Between Builder And Landowner

A Nigerian law-governed agreement establishing a joint venture between a landowner and builder for property development, defining contributions, responsibilities, and profit-sharing arrangements.

find out more

Pre Bid Joint Venture Agreement

A Nigerian law-governed agreement establishing terms for parties to collaborate on a joint bid submission, defining pre-tender responsibilities and obligations.

find out more

Joint Venture Agreement For Real Estate Investing

A Nigerian law-governed agreement establishing a joint venture between parties for real estate investment and development activities.

find out more

Joint Venture Management Agreement

A Nigerian law-governed agreement establishing the management framework and operational structure for a joint venture between multiple parties.

find out more

Incorporated Joint Venture Agreement

Nigerian law-governed agreement establishing an incorporated joint venture company, defining shareholding, management, and operational frameworks.

find out more

Joint Venture Letter Of Intent

A Nigerian law-governed preliminary agreement outlining key terms and conditions for a proposed joint venture, serving as a framework for negotiating a formal joint venture agreement.

find out more

Joint Venture Profit Sharing Agreement

A Nigerian law-governed agreement establishing profit sharing arrangements between joint venture partners, including operational and management terms.

find out more

Consortium Agreement For Tender

A Nigerian law-governed agreement establishing a consortium for tender participation, defining member relationships and responsibilities.

find out more

Simple Joint Venture Agreement

A streamlined agreement under Nigerian law establishing a joint venture partnership between two or more parties, defining core business collaboration terms.

find out more

Consortium Agreement Between Companies

A Nigerian law-governed agreement establishing a consortium between multiple companies, defining their rights, obligations, and operational framework.

find out more

Unincorporated Joint Venture Agreement

A Nigerian law-governed agreement establishing an unincorporated joint venture between parties, defining their collaboration terms without creating a separate legal entity.

find out more

Joint Venture Operating Agreement

A Nigerian law-governed agreement establishing and regulating a joint venture operation between multiple parties, detailing rights, obligations, and operational procedures.

find out more

Joint Venture And Shareholders Agreement

A Nigerian law-governed agreement establishing a joint venture structure and shareholders' rights between multiple parties, combining operational collaboration with corporate governance arrangements.

find out more

Contractual Joint Venture Agreement

A Nigerian law-governed agreement establishing a contractual joint venture between parties, defining their collaboration terms, responsibilities, and operational framework.

find out more

Joint Venture Contract

A Nigerian law-governed agreement establishing a joint venture between multiple parties, defining their business collaboration terms and ensuring regulatory compliance.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.