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Short Form Contract for Nigeria

Short Form Contract Template for Nigeria

This document is a Short Form Contract template designed for use under Nigerian law, providing a streamlined and efficient framework for commercial agreements. It incorporates essential contractual elements required by Nigerian legislation while maintaining brevity and clarity. The contract is structured to ensure legal compliance with Nigerian contract law principles, including the requirements of the Evidence Act 2011 and relevant commercial regulations, while offering flexibility for various business transactions and relationships. It serves as a practical tool for businesses and individuals seeking to formalize their agreements without the complexity of more extensive contracts.

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What is a Short Form Contract?

The Short Form Contract is specifically designed for use in situations where parties need a legally binding agreement under Nigerian law without the complexity and length of a full commercial contract. This document type is particularly suitable for straightforward commercial arrangements, basic service agreements, simple supply contracts, or consulting arrangements where the scope and terms can be clearly defined without extensive clauses. The template incorporates key requirements of Nigerian contract law while maintaining accessibility for small to medium-sized businesses and individuals. It's especially valuable in contexts where parties want to quickly formalize their agreement while ensuring legal enforceability and protection of their interests. The document includes essential elements such as party details, scope, payment terms, and basic legal protections, while remaining flexible enough to be adapted for various business purposes.

What sections should be included in a Short Form Contract?

1. Parties: Identification of contracting parties with full legal names and addresses

2. Background: Brief context of the agreement and relationship between parties

3. Definitions: Key terms used throughout the agreement, kept minimal for short form

4. Scope of Agreement: Clear description of the subject matter and main obligations

5. Duration: Term of the agreement, including start date and end date if applicable

6. Payment Terms: Financial obligations, payment schedule, and method of payment

7. Termination: Basic termination rights and process

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

9. Signatures: Execution block for parties' signatures and dates

What sections are optional to include in a Short Form Contract?

1. Confidentiality: Include when sensitive information will be shared between parties

2. Force Majeure: Include for contracts where external events could impact performance

3. Assignment: Include when transfer of rights needs to be restricted or permitted

4. Warranties: Include when specific assurances need to be given by either party

5. Dispute Resolution: Include when specific dispute resolution mechanics (e.g., arbitration) are required

6. Insurance: Include when specific insurance coverage needs to be maintained

7. Notices: Include when formal communication procedures need to be established

What schedules should be included in a Short Form Contract?

1. Schedule 1 - Services/Goods: Detailed description of services or goods to be provided

2. Schedule 2 - Pricing: Detailed breakdown of prices, rates, or fees

3. Schedule 3 - Key Contacts: List of key personnel and their contact details

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Nigeria

Publisher

Ƶ

Document Type

Service Agreement

Cost

Free to use
Relevant legal definitions















Clauses




















Relevant Industries

Retail

Professional Services

Technology

Construction

Manufacturing

Distribution

Agriculture

Education

Healthcare

Real Estate

Transportation

Small and Medium Enterprises

Relevant Teams

Legal

Procurement

Operations

Finance

Sales

Business Development

Administration

Project Management

Contract Management

Commercial

Relevant Roles

Business Owner

Managing Director

Operations Manager

Procurement Manager

Contract Administrator

Legal Counsel

Business Development Manager

Project Manager

Finance Manager

Sales Manager

General Manager

Small Business Administrator

Consultant

Department Head

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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