The Non-Equity Partnership Agreement is essential for businesses and professionals in Nigeria seeking to form collaborative relationships without capital investment requirements. This document is particularly useful when partners intend to contribute their expertise, services, professional networks, or other non-financial resources to the partnership. It operates under Nigerian law, specifically the Partnership Laws of relevant states and the broader framework of the Companies and Allied Matters Act (CAMA) 2020. The agreement typically includes detailed provisions for operational management, profit sharing, partner obligations, and exit mechanisms, making it suitable for professional services firms, consulting arrangements, and strategic business collaborations. This type of agreement is increasingly popular in Nigeria's growing service sector, particularly among professional practitioners and businesses seeking flexible partnership structures.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of all partners with full legal names and addresses
2. Background: Context of the partnership formation and brief description of partners' business objectives
3. Definitions: Definitions of key terms used throughout the agreement
4. Partnership Business: Detailed description of the partnership's business scope and objectives
5. Term and Commencement: Duration of the partnership and conditions for commencement
6. Contributions: Details of non-financial contributions from each partner (skills, time, resources, etc.)
7. Management and Decision Making: Management structure, voting rights, and decision-making processes
8. Duties and Obligations of Partners: Specific responsibilities and commitments of each partner
9. Financial Matters: Financial management, accounting practices, and profit/loss sharing
10. Banking and Records: Banking arrangements and requirements for maintaining partnership records
11. Intellectual Property: Ownership and usage rights of intellectual property
12. Confidentiality: Protection of partnership and partner confidential information
13. Non-Competition: Restrictions on competitive activities during and after partnership
14. Admission of New Partners: Process and conditions for admitting new partners
15. Termination: Circumstances and procedures for partnership termination
16. Dispute Resolution: Procedures for resolving disputes between partners
17. Governing Law: Specification of Nigerian law as governing law and jurisdiction
18. General Provisions: Standard boilerplate clauses including notices, amendments, etc.
1. Foreign Partner Provisions: Additional provisions required when one or more partners are foreign entities
2. Regulatory Compliance: Specific provisions for regulated industries or activities
3. Insurance: Required insurance coverage and responsibilities
4. Environmental Compliance: Environmental obligations for partnerships in industries with environmental impact
5. Technology Usage: Rules regarding use of technology systems and digital assets
6. Force Majeure: Provisions for handling unforeseen circumstances and events beyond control
7. Anti-Corruption Compliance: Specific provisions ensuring compliance with anti-corruption laws
8. Data Protection: Provisions for handling personal and business data in compliance with relevant laws
1. Schedule 1 - Partner Details: Detailed information about each partner including contact details and representatives
2. Schedule 2 - Business Plan: Detailed business plan and strategic objectives
3. Schedule 3 - Non-Financial Contributions: Detailed list of each partner's non-financial contributions
4. Schedule 4 - Management Structure: Detailed management hierarchy and decision-making procedures
5. Schedule 5 - Accounting Policies: Detailed accounting procedures and policies
6. Schedule 6 - Restricted Activities: List of activities requiring unanimous partner approval
7. Appendix A - Key Performance Indicators: Metrics for measuring partnership and individual partner performance
8. Appendix B - Compliance Requirements: Detailed regulatory and compliance requirements applicable to the partnership
Relevant legal definitions
Clauses
Relevant Industries
Professional Services
Healthcare
Legal Services
Consulting
Information Technology
Financial Services
Education
Real Estate
Architecture
Engineering
Media and Entertainment
Retail and Distribution
Manufacturing
Agricultural Services
Relevant Teams
Legal
Operations
Compliance
Risk Management
Business Development
Partnership Management
Strategic Planning
Professional Practice
Corporate Affairs
Finance
Human Resources
Relevant Roles
Managing Partner
Chief Executive Officer
Chief Legal Officer
Chief Operating Officer
Legal Counsel
Business Development Manager
Partnership Manager
Professional Practice Manager
Risk Manager
Compliance Officer
Senior Partner
Department Head
Practice Leader
Operations Director
Strategic Planning Director
Find the exact document you need
Deed Of Dissolution Of Partnership Firm
A formal legal document under Nigerian law that terminates a partnership arrangement and sets out terms for winding up the partnership's affairs.
Download
Partnership Agreement Letter
A legally binding document under Nigerian law that establishes and governs business partnerships, outlining key terms and responsibilities between partners.
Download
Term Sheet Partnership Agreement
A Nigerian law-governed preliminary agreement outlining key terms and conditions for a proposed partnership arrangement, serving as a basis for final documentation.
Download
Private Limited Company Partnership Agreement
A Nigerian law-governed agreement establishing partnership terms and conditions for shareholders in a private limited company.
Download
Partnership Agreement For Hotel Business
A Nigerian law-governed agreement establishing a partnership structure for hotel business operations, defining partners' rights, responsibilities, and operational framework.
Download
Ending Partnership Agreement
A legal agreement for dissolving a business partnership under Nigerian law, detailing terms of separation and asset distribution.
Download
Technology Partner Agreement
A Nigerian law-governed agreement establishing terms and conditions for technology partnerships, ensuring compliance with local technology and data protection regulations.
Download
Precedent Partnership Agreement
A Nigerian law-governed agreement establishing the terms and conditions for business partnerships, including partner rights, obligations, and operational framework.
Download
Reseller Partnership Agreement
A Nigerian law-governed agreement establishing terms and conditions between a supplier/manufacturer and reseller for product distribution and sales.
Download
Contract For LLC Partnership
Nigerian law-compliant agreement establishing an LLC Partnership structure, defining partner rights and obligations under CAMA 2020.
Download
Joint Venture Partnership Agreement
A Nigerian law-governed agreement establishing a joint venture partnership, defining business collaboration terms and partner obligations.
Download
Reseller Agreement For Software Products
Nigerian-law governed agreement authorizing a reseller to distribute and sell specified software products within Nigeria, subject to defined terms and local regulations.
Download
Deed Of Partnership Between Two Partners
A legally binding partnership agreement between two partners under Nigerian law, establishing the terms and conditions for their business relationship.
Download
Business Alliance Agreement
A Nigerian law-governed agreement establishing a strategic business relationship between parties, defining their alliance terms, responsibilities, and mutual obligations.
Download
Distributorship Contract
A Nigerian law-governed agreement establishing terms and conditions for product distribution relationships between suppliers and distributors in Nigerian territory.
Download
Land Partnership Agreement
A Nigerian law-governed agreement establishing partnership arrangements for land ownership, development, or utilization, incorporating Land Use Act requirements and partnership provisions.
Download
Joint Venture Proposal
A Nigerian law-governed proposal document outlining the framework and terms for establishing a joint venture between multiple parties, including structure, contributions, and operational arrangements.
Download
Partnership Deed
A legal agreement under Nigerian law establishing and regulating a business partnership, detailing partners' rights, responsibilities, and operational framework.
Download
Silent Partner Contract
A Nigerian law-governed agreement establishing terms between active business partners and a silent investor, detailing investment, profit sharing, and liability limitations.
Download
Partnership Agreement For Restaurant Business
A Nigerian law-governed agreement establishing a partnership structure for restaurant business operations, defining partner rights, responsibilities, and operational framework.
Download
Memorandum Of Understanding For Business Partnership
A preliminary partnership framework document under Nigerian law that outlines proposed terms and conditions for business collaboration between parties.
Download
Limited Partnership Contract
A Nigerian law-governed agreement establishing a limited partnership structure, defining roles, responsibilities, and relationships between general and limited partners.
Download
Venture Partner Agreement
A Nigerian law-governed agreement establishing the relationship and terms between a venture capital firm and a venture partner, including roles, responsibilities, and compensation arrangements.
Download
Temporary Partnership Agreement
A Nigerian law-governed agreement establishing a temporary partnership between parties for a specific duration or project, outlining key terms and responsibilities.
Download
Technical Partnership Agreement
A Nigerian law-governed agreement establishing technical collaboration between parties, ensuring compliance with NOTAP requirements and local content laws.
Download
Strategic Alliance Partnership Agreement
A Nigerian law-governed agreement establishing a strategic partnership between independent entities, defining their collaboration terms and mutual obligations.
Download
Startup Partnership Agreement
A Nigerian law-governed agreement establishing the terms and conditions of a startup partnership, including ownership, management, and operational provisions.
Download
Software Partnership Agreement
A Nigerian law-governed agreement establishing partnership terms for software development and distribution, including IP rights, profit sharing, and operational responsibilities.
Download
Shareholders Agreement Joint Venture
A Nigerian law-governed agreement establishing terms and conditions between joint venture shareholders, including governance, rights, and obligations under CAMA 2020.
Download
Service Partner Agreement
A Nigerian law-governed agreement establishing terms and conditions between a company and its service partner for the provision of specific services.
Download
Revenue Share Partnership Agreement
A Nigerian law-governed agreement establishing a partnership arrangement with revenue sharing terms between multiple parties.
Download
Restaurant Profit Sharing Agreement
A Nigerian law-governed agreement establishing profit-sharing arrangements between parties in a restaurant business, including calculation methods and distribution terms.
Download
Salaried Partner Agreement
A Nigerian law-governed agreement establishing terms and conditions for appointment of a salaried partner in a professional services firm.
Download
Real Estate Limited Partnership Agreement
A Nigerian law-governed agreement establishing a limited partnership structure for real estate investment, defining partner relationships, capital contributions, and management rights.
Download
Real Estate Joint Venture Agreement
A comprehensive agreement establishing a real estate joint venture in Nigeria, outlining parties' rights, obligations, and profit-sharing arrangements under Nigerian law.
Download
Property Partnership Agreement
A Nigerian law-governed agreement establishing partnership arrangements for property ownership, development, or management, detailing partners' rights, responsibilities, and operational framework.
Download
Profit Sharing Agreement In Business Partnership
A Nigerian law-governed agreement establishing profit sharing terms and conditions between business partners, including distribution mechanisms and partner obligations.
Download
Profit And Loss Partnership Agreement
A Nigerian law-governed agreement establishing a partnership between parties, defining profit-sharing, management, and operational terms.
Download
Product Partnership Agreement
A Nigerian law-governed agreement establishing terms and conditions for product-based partnerships between organizations, including commercial and operational frameworks.
Download
Preferred Partner Agreement
A Nigerian law-governed agreement establishing a preferential business relationship between parties, defining terms of partnership and commercial arrangements.
Download
ұԾ’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; ұԾ’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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)