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Employee Resignation Agreement Template for Nigeria

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Key Requirements PROMPT example:

Employee Resignation Agreement

"I need an Employee Resignation Agreement for a senior software developer in a fintech company in Lagos, Nigeria, who will be joining a competitor, so it needs strong confidentiality and non-compete clauses, with the resignation effective from March 15, 2025."

Document background
The Employee Resignation Agreement is a crucial document used in Nigerian employment relationships when an employee voluntarily decides to terminate their employment. This document becomes necessary to formally document the separation process and protect both parties' interests under Nigerian law, particularly in compliance with the Labour Act and related employment legislation. The agreement typically comes into play when an employee submits their resignation and both parties wish to clearly document the terms of separation, including notice periods, final settlements, and ongoing obligations. It serves multiple purposes: documenting the formal end of employment, clarifying financial settlements, addressing confidentiality requirements, and establishing any post-employment obligations. The agreement is particularly important in professional settings where there may be sensitive information, significant handover requirements, or complex benefit arrangements to be addressed.
Suggested Sections

1. Parties: Identification of the employer and the resigning employee

2. Background: Brief context of the employment relationship and the decision to resign

3. Definitions: Key terms used throughout the agreement

4. Resignation and Effective Date: Formal statement of resignation and the last day of employment

5. Notice Period: Details of the notice period being served or waived

6. Final Payment and Benefits: Breakdown of final salary, benefits, and any outstanding payments

7. Company Property: Requirements for returning company property and documents

8. Confidentiality Obligations: Ongoing duties regarding confidential information

9. General Release: Mutual release of claims between parties

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

11. Execution: Signature blocks and execution details

Optional Sections

1. Handover Requirements: Used when there are specific projects or responsibilities that need formal handover

2. Non-Competition: Include when there are legitimate business interests to protect through non-compete provisions

3. Non-Solicitation: Include when protecting against solicitation of employees or customers is necessary

4. Outstanding Loans: Include if there are any company loans or advances to be settled

5. Training Bond: Include if there are any training bonds or commitments that need to be addressed

6. Reference Policy: Include when specifying arrangements for future employment references

7. Intellectual Property Rights: Include when the employee has been involved in creating IP during employment

8. Survival of Previous Agreements: Include when certain provisions from previous agreements should remain in effect

Suggested Schedules

1. Schedule 1 - Final Payment Calculation: Detailed breakdown of final salary, benefits, deductions, and any other financial settlements

2. Schedule 2 - Company Property List: Itemized list of company property to be returned

3. Schedule 3 - Handover Checklist: Detailed list of tasks, documents, and responsibilities to be handed over

4. Appendix A - Benefits Summary: Summary of benefits and their treatment post-resignation

5. Appendix B - Confidential Information: Specific definition and examples of confidential information

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 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 Finance

Technology

Manufacturing

Oil and Gas

Telecommunications

Professional Services

Healthcare

Education

Retail

Construction

Agriculture

Mining

Media and Entertainment

Transportation and Logistics

Real Estate

Relevant Teams

Human Resources

Legal

Finance

Operations

Information Technology

Sales

Marketing

Research and Development

Administration

Customer Service

Product Development

Business Development

Engineering

Quality Assurance

Corporate Communications

Relevant Roles

Chief Executive Officer

Managing Director

Department Manager

Senior Executive

Technical Specialist

Software Developer

Financial Analyst

Sales Manager

Account Manager

Project Manager

Human Resources Manager

Operations Manager

Research Scientist

Legal Counsel

Marketing Director

Business Development Manager

Administrative Officer

Engineer

Product Manager

Customer Service Representative

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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