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1. Intellectual Property Rights: Required when the JV involves significant IP assets or development of new IP

2. Non-Competition: Include when parties need restrictions on competing activities

3. Employee Matters: Necessary when the JV will have its own employees or requires secondment arrangements

4. Environmental Compliance: Important for ventures involving manufacturing or environmental impacts

5. Technology Transfer: Required when one party is providing technical knowledge or proprietary technology

6. Local Content Requirements: Necessary for sectors with specific Nigerian local content regulations

7. Foreign Exchange Provisions: Include for international joint ventures with currency considerations

8. Force Majeure: Optional but recommended for long-term ventures to address unforeseen circumstances

9. Anti-Corruption Compliance: Important for international partnerships or government contracts

10. Insurance: Required when specific insurance coverage needs to be maintained by the JV

1. Business Plan: Detailed business strategy, objectives, and implementation plan

2. Capital Contributions Schedule: Detailed breakdown of each party's initial and committed future contributions

3. Articles of Association: If the JV is a new company, its constitutional documents

4. Management Structure: Organizational chart and key personnel responsibilities

5. Financial Procedures: Detailed accounting procedures, reporting requirements, and financial controls

6. Asset Register: List of assets contributed or to be acquired by the JV

7. Technical Specifications: Technical requirements and standards for products or services

8. Service Level Agreements: Performance metrics and service standards

9. Territory and Market Allocation: Geographic or market segment definitions and restrictions

10. Required Licenses and Permits: List of regulatory approvals needed for operations