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Employee Transfer Agreement Template for Nigeria

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Key Requirements PROMPT example:

Employee Transfer Agreement

"I need an Employee Transfer Agreement for transferring a senior software developer from our Lagos headquarters to our newly established tech subsidiary in Abuja, effective March 1, 2025, ensuring continuation of their existing stock options and maintaining current employment benefits."

Document background
The Employee Transfer Agreement is a critical document used in Nigerian business operations when an employee is being transferred between different legal entities, whether within the same corporate group or to an entirely separate organization. This agreement, governed by Nigerian law including the Labour Act and Pension Reform Act, ensures the proper documentation of the transfer process while protecting both employer and employee interests. It is particularly important in corporate restructuring, mergers and acquisitions, or strategic redeployment scenarios. The document covers essential elements such as continuation of service, transfer of benefits, pension arrangements, and any changes to employment terms, while ensuring compliance with Nigerian employment law requirements. It serves as a crucial tool for maintaining clear records of employment relationships and protecting all parties' rights and obligations during the transfer process.
Suggested Sections

1. Parties: Identifies the current employer (Transferor), new employer (Transferee), and the transferring employee

2. Background: Explains the context and purpose of the transfer, including any broader corporate restructuring or business reasons

3. Definitions: Defines key terms used throughout the agreement

4. Effective Date: Specifies the date when the transfer becomes effective

5. Terms of Transfer: Details the core terms of the transfer including role, responsibilities, and reporting relationships

6. Continuity of Employment: Confirms the preservation of the employee's length of service and accumulated rights

7. Compensation and Benefits: Outlines the employee's salary, benefits, and any changes to compensation structure

8. Transfer of Employment Rights: Addresses the transfer of existing employment rights, obligations, and liabilities

9. Pension and Benefits Continuation: Details the arrangements for pension and other benefits transfer or continuation

10. Confidentiality: Establishes ongoing confidentiality obligations to both current and new employer

11. Data Protection: Addresses the handling and transfer of employee personal data

12. Governing Law: Confirms Nigerian law as governing law and relevant jurisdiction

13. Execution: Signature blocks and execution formalities

Optional Sections

1. International Transfer Provisions: Required when transfer involves international elements or cross-border considerations

2. Non-compete and Non-solicitation: Include when new restrictive covenants are being implemented as part of transfer

3. Training and Development: Include when specific training or development programs are part of transfer arrangement

4. Relocation Terms: Required when transfer involves physical relocation of employee

5. Union Recognition: Include when transferring employee is subject to collective bargaining agreements

6. Performance Incentives: Include when special performance bonuses or incentives are part of transfer package

7. Probationary Period: Include if a new probationary period is being implemented with transfer

Suggested Schedules

1. Schedule 1 - Current Employment Terms: Detailed outline of employee's current employment terms and conditions

2. Schedule 2 - New Employment Terms: Comprehensive details of new employment terms post-transfer

3. Schedule 3 - Benefits Package: Detailed breakdown of employee benefits package including insurance, allowances, etc.

4. Schedule 4 - Outstanding Obligations: List of any outstanding obligations, loans, or commitments

5. Schedule 5 - Required Notices and Consents: Copies of required regulatory notices and obtained consents

6. Appendix A - Position Description: Detailed description of employee's new role and responsibilities

7. Appendix B - Company Policies: Key company policies applicable to transferred employee

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

Banking and Financial Services

Manufacturing

Oil and Gas

Technology

Telecommunications

Healthcare

Education

Professional Services

Construction

Retail

Mining

Agriculture

Transportation and Logistics

Energy

Real Estate

Relevant Teams

Human Resources

Legal

Compliance

Employee Relations

Talent Management

Operations

Finance

Corporate Administration

Risk Management

Relevant Roles

Human Resources Director

HR Manager

Legal Counsel

Employment Lawyer

Compliance Officer

Personnel Manager

HR Business Partner

Talent Acquisition Manager

Employee Relations Manager

Compensation and Benefits Manager

Corporate Restructuring Manager

Operations Director

Department Head

Line Manager

Managing Director

Chief Human Resources Officer

Chief Legal Officer

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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