tiktok���˰�

The Employee Leasing Agreement is a crucial document used in Nigeria when businesses need to establish a formal arrangement for temporary workforce solutions. This agreement is particularly relevant in scenarios where companies require skilled workforce flexibility without direct employment obligations. The document addresses key aspects required under Nigerian employment law, including compliance with the Labour Act, Pension Reform Act, and Employee's Compensation Act. It clearly defines the triangular relationship between the leasing company, client company, and leased employees, while establishing responsibilities for payroll, benefits, workplace safety, and supervision. The agreement is designed to protect all parties' interests while ensuring compliance with Nigerian labor regulations and tax requirements.

1. Parties: Identifies and defines the leasing company (lessor) and client company (lessee) with full legal names and addresses

2. Background: Explains the context of the agreement, including the lessor's business of providing employee leasing services and the lessee's need for staffing

3. Definitions: Defines key terms used throughout the agreement, including 'Leased Employees', 'Services', 'Lease Period', etc.

4. Scope of Services: Details the employee leasing services to be provided, including recruitment, management, and administration of leased employees

5. Term and Termination: Specifies the duration of the agreement and conditions for termination

6. Responsibilities of the Lessor: Outlines the leasing company's obligations including payroll, benefits administration, and HR management

7. Responsibilities of the Lessee: Details the client company's obligations including workplace safety, day-to-day supervision, and operational control

8. Compensation and Payment Terms: Specifies service fees, payment schedules, and billing procedures

9. Employment Status and Relationship: Clarifies the employment relationship between parties and confirms the lessor as the primary employer

10. Compliance with Laws: Addresses compliance with Nigerian labor laws, tax regulations, and other relevant legislation

11. Insurance and Indemnification: Specifies insurance requirements and indemnification obligations of both parties

12. Confidentiality: Protects confidential information exchanged during the course of the agreement

13. Dispute Resolution: Establishes procedures for resolving disputes between parties

14. General Provisions: Includes standard clauses such as notices, amendments, assignment, and governing law