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Non Compete Non Solicitation Agreement Template for Nigeria

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Key Requirements PROMPT example:

Non Compete Non Solicitation Agreement

"I need a Non-Compete Non-Solicitation Agreement for our Nigerian technology startup, restricting former employees from competing within Lagos and Abuja for 12 months after termination, with special focus on protecting our AI technology and client relationships."

Document background
This Non-Compete Non-Solicitation Agreement is designed for use in the Nigerian business environment where companies need to protect their legitimate business interests, confidential information, and customer relationships. The document is typically implemented when onboarding key employees, during mergers and acquisitions, or when engaging contractors with access to sensitive business information. It includes specific provisions compliant with Nigerian law regarding restricted activities, geographical limitations, and time periods. The agreement balances the employer's need to protect business interests with the employee's constitutional rights to work and engage in economic activities. It is particularly crucial in sectors with high employee mobility or where significant intellectual property and customer relationships need protection. The document must be carefully drafted to ensure enforceability under Nigerian jurisdiction, considering both federal and state laws, as well as relevant case law precedents regarding restraint of trade.
Suggested Sections

1. Parties: Identification of the parties entering into the agreement, including the employer/company and the employee/contractor

2. Background: Context of the agreement, relationship between parties, and legitimate business interests being protected

3. Definitions: Detailed definitions of key terms including 'Confidential Information', 'Competing Business', 'Restricted Territory', 'Restricted Period', and 'Restricted Customers'

4. Non-Competition Obligations: Detailed restrictions on competing activities, including scope, duration, and geographical limitations

5. Non-Solicitation of Customers: Restrictions on approaching or dealing with customers or potential customers of the company

6. Non-Solicitation of Employees: Restrictions on soliciting or hiring company employees

7. Confidentiality Obligations: Requirements to maintain confidentiality of business information

8. Duration and Territory: Specific timeframes and geographical areas where restrictions apply

9. Acknowledgments: Employee's acknowledgment of reasonableness of restrictions and receipt of consideration

10. Remedies: Legal remedies available in case of breach, including injunctive relief

11. Severability: Provisions for maintaining validity of remaining clauses if any clause is found unenforceable

12. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes

Optional Sections

1. Garden Leave: Optional provision for paid leave during notice period to protect business interests

2. International Scope: Additional provisions for companies operating internationally

3. Independent Contractor Provisions: Specific provisions for non-employee relationships

4. Post-Termination Obligations: Additional specific obligations after employment ends

5. Return of Property: Provisions regarding return of company property and materials

6. Consideration: Specific section detailing additional consideration for the restrictions where applicable

7. Monitoring and Compliance: Procedures for monitoring compliance with restrictions

Suggested Schedules

1. Schedule 1: Restricted Territory: Detailed list of geographical areas where restrictions apply

2. Schedule 2: Restricted Customers: List of specific customers or customer categories covered by non-solicitation provisions

3. Schedule 3: Competing Businesses: List of specific competitors or types of competing businesses

4. Schedule 4: Restricted Activities: Detailed description of prohibited business activities

5. Appendix A: Consideration Details: Details of any additional compensation or benefits provided in exchange for the restrictions

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

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Relevant Industries

Technology

Financial Services

Professional Services

Healthcare

Pharmaceuticals

Manufacturing

Telecommunications

Energy

Consulting

Retail

Education

Engineering

Software Development

Banking

Insurance

Real Estate

Marketing and Advertising

Relevant Teams

Legal

Human Resources

Executive Leadership

Sales

Business Development

Research and Development

Product Development

Client Services

Operations

Finance

Information Technology

Marketing

Strategy

Consulting

Relevant Roles

Chief Executive Officer

Chief Technology Officer

Sales Director

Business Development Manager

Senior Software Engineer

Account Manager

Product Manager

Research Scientist

Financial Controller

Operations Manager

Marketing Director

Technical Lead

Senior Consultant

Regional Manager

Department Head

Project Manager

Chief Financial Officer

Human Resources Director

Client Relations Manager

Strategy Consultant

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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