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1. Parties: Identification of all parties entering into the arbitration agreement, including their full legal names, addresses, and registration details if companies
2. Background: Context of the agreement and the relationship between the parties
3. Definitions: Key terms used throughout the agreement, including 'Claims', 'Arbitration', 'Award', etc.
4. Scope of Agreement: Detailed description of what types of disputes and claims are covered by the arbitration agreement
5. Agreement to Arbitrate: Core provision where parties mutually agree to submit covered claims to arbitration
6. Arbitration Procedures: Process for initiating arbitration, selecting arbitrators, and conducting proceedings
7. Governing Law: Specification that Nigerian law governs the agreement and arbitration proceedings
8. Arbitrator Selection: Process and criteria for selecting arbitrators, including number of arbitrators
9. Costs and Fees: Allocation of arbitration costs, filing fees, and attorney fees
10. Award: Provisions regarding the binding nature of the award and enforcement
11. Severability: Clause ensuring that if any provision is found invalid, others remain enforceable
12. Execution: Signature blocks and execution requirements
1. Confidentiality: Provisions for maintaining confidentiality of arbitration proceedings and documents - recommended for sensitive commercial matters
2. Multi-Party Provisions: Special procedures for arbitrations involving multiple parties - include when more than two parties are involved
3. Emergency Relief: Procedures for seeking emergency relief before arbitrator appointment - useful for time-sensitive matters
4. Discovery Procedures: Detailed rules for document exchange and evidence gathering - recommended for complex disputes
5. Language of Arbitration: Specification of language for proceedings - include if parties speak different languages
6. Venue and Seat: Specific location for hearings and legal seat of arbitration - include if parties are from different jurisdictions
7. Mediation Prerequisite: Requirement to attempt mediation before arbitration - optional step for dispute resolution
8. Class Action Waiver: Prohibition of class or collective actions - relevant for commercial agreements with multiple similar parties
1. Schedule A - Arbitration Rules: Detailed procedural rules for conducting the arbitration, including timelines and requirements
2. Schedule B - Fee Schedule: Breakdown of administrative fees, arbitrator fees, and other costs
3. Schedule C - Excluded Claims: List of specific claims or disputes excluded from arbitration
4. Appendix 1 - Notice Forms: Template forms for initiating arbitration and providing notices
5. Appendix 2 - Arbitrator Qualifications: Specific requirements and qualifications for arbitrators
6. Appendix 3 - Code of Ethics: Ethical guidelines for arbitrators and parties during proceedings
Financial Services
Technology
Manufacturing
Oil and Gas
Telecommunications
Professional Services
Real Estate
Construction
Healthcare
Retail
Agriculture
Education
Transportation
Mining
Energy
Legal
Human Resources
Compliance
Risk Management
Operations
Commercial
Procurement
Executive Leadership
Business Development
Project Management
Administrative
Chief Executive Officer
Managing Director
Human Resources Director
Legal Counsel
Compliance Officer
Risk Manager
Operations Director
Commercial Director
Contract Manager
Business Development Manager
Project Manager
Department Head
General Counsel
Company Secretary
HR Manager
Procurement Manager
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