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Seller Agreement Template for Nigeria

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Key Requirements PROMPT example:

Seller Agreement

"I need a Seller Agreement for my Nigerian e-commerce platform that will onboard individual and small business sellers starting March 2025, with specific provisions for digital payments and product quality control for fashion and electronics items."

Document background
The Seller Agreement serves as a foundational document for establishing commercial relationships in the Nigerian market, providing a legally robust framework for businesses engaging sellers of products or services. This document is essential when companies wish to formalize relationships with sellers, whether for traditional retail, distribution, or e-commerce platforms. The agreement encompasses crucial elements including seller obligations, quality standards, commission structures, and compliance requirements under Nigerian law. It is particularly relevant in today's diverse commercial landscape where businesses operate through multiple channels and need clear, enforceable terms for seller relationships. The document addresses both traditional commerce and digital marketplace considerations, making it adaptable to various business models while ensuring compliance with Nigerian commercial law, consumer protection regulations, and relevant sector-specific requirements.
Suggested Sections

1. Parties: Identification and details of the seller and the company/platform

2. Background: Context of the agreement and brief description of the business relationship

3. Definitions: Key terms used throughout the agreement

4. Scope of Agreement: Overview of the selling arrangement and general obligations

5. Seller Obligations: Detailed responsibilities and commitments of the seller

6. Company Obligations: Responsibilities and commitments of the company/platform

7. Product/Service Standards: Quality requirements and standards for products/services

8. Pricing and Payment Terms: Pricing structure, payment methods, and settlement terms

9. Term and Termination: Duration of agreement and termination provisions

10. Confidentiality: Protection of confidential information and trade secrets

11. Intellectual Property: Ownership and usage rights of IP

12. Indemnification: Mutual indemnification obligations

13. Dispute Resolution: Process for resolving disputes under Nigerian law

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

15. General Provisions: Standard boilerplate clauses including notices, amendments, etc.

Optional Sections

1. Electronic Commerce Terms: Specific provisions for online selling - include if e-commerce is involved

2. Insurance Requirements: Specific insurance obligations - include for high-value or high-risk products

3. Performance Metrics: Specific KPIs and performance standards - include for sophisticated commercial relationships

4. Territory Restrictions: Geographical limitations on selling - include if territorial restrictions apply

5. Marketing and Branding: Rules for using company branding - include if seller will use company's brand

6. Data Protection: Specific data handling requirements - include if personal data is processed

7. Force Majeure: Provisions for unforeseen circumstances - include for long-term agreements

8. Anti-corruption Compliance: Specific anti-corruption provisions - include for high-value contracts

Suggested Schedules

1. Schedule 1 - Product/Service Specifications: Detailed description of products/services to be sold

2. Schedule 2 - Pricing Schedule: Detailed pricing structure, commissions, and payment terms

3. Schedule 3 - Service Level Requirements: Specific performance metrics and quality standards

4. Schedule 4 - Approved Locations/Channels: List of approved selling locations or channels

5. Schedule 5 - Company Policies: Relevant company policies and procedures

6. Appendix A - Required Documentation: List of required permits, licenses, and certifications

7. Appendix B - Reporting Templates: Standard formats for required reports and documentation

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

Relevant legal definitions













































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Relevant Industries

Retail

E-commerce

Manufacturing

Consumer Goods

Technology

Fashion and Apparel

Electronics

Food and Beverage

Agriculture

Healthcare Products

Automotive Parts

Construction Materials

Home and Garden

Telecommunications

Relevant Teams

Legal

Commercial

Sales

Procurement

Operations

Compliance

Vendor Management

Supply Chain

Business Development

Contract Administration

Risk Management

Relevant Roles

Commercial Director

Head of Sales

Vendor Manager

Legal Counsel

Procurement Manager

Business Development Manager

Operations Manager

Contract Manager

Compliance Officer

Supply Chain Manager

Marketplace Manager

Retail Operations Director

Channel Partner Manager

Chief Commercial Officer

Vendor Onboarding Specialist

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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