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1. Parties: Identifies and provides full details of all parties entering into the partnership agreement
2. Background: Outlines the context and purpose of the partnership, including brief description of each party's business
3. Definitions: Defines key terms used throughout the agreement
4. Partnership Structure: Details the legal structure, ownership percentages, and capital contributions of each partner
5. Business Operations: Outlines the day-to-day management, decision-making processes, and operational responsibilities
6. Financial Arrangements: Covers profit sharing, loss allocation, accounting practices, and financial reporting requirements
7. Operational Standards: Sets forth quality standards, food safety requirements, and operational procedures
8. Regulatory Compliance: Addresses compliance with NAFDAC, health regulations, and other applicable laws
9. Staff and Employment: Details employment responsibilities, staff management, and labor law compliance
10. Intellectual Property: Covers usage of trademarks, recipes, trade secrets, and other IP
11. Term and Termination: Specifies duration of partnership and conditions for termination
12. Dispute Resolution: Outlines procedures for resolving conflicts between partners
13. Governing Law: Confirms Nigerian law as governing law and relevant jurisdiction
14. General Provisions: Includes standard clauses like notices, amendments, and severability
1. Exclusivity: Restricts partners from engaging in competing businesses - include when partners want geographic or market exclusivity
2. Expansion Rights: Details procedures for opening additional locations - include when partners plan future expansion
3. Marketing and Branding: Specifies joint marketing efforts and brand usage - include when partnership involves shared branding
4. Equipment and Assets: Details ownership and maintenance of specific equipment - include when significant shared assets are involved
5. Third-Party Relationships: Governs relationships with suppliers and delivery services - include when partnership involves key external partnerships
6. Foreign Investment: Addresses foreign ownership requirements - include when any partner is non-Nigerian
7. Training Requirements: Specifies mandatory training programs - include when specific operational standards must be maintained
1. Schedule 1: Capital Contributions: Detailed breakdown of each partner's initial and ongoing capital contributions
2. Schedule 2: Profit Sharing Formula: Detailed calculation method for profit distribution
3. Schedule 3: Operating Procedures: Specific operational guidelines, food safety procedures, and quality standards
4. Schedule 4: Equipment and Assets: Inventory of shared equipment, furniture, and fixtures
5. Schedule 5: Menu Items: Agreed menu items, pricing structure, and modification procedures
6. Schedule 6: Key Performance Indicators: Metrics for measuring partnership performance
7. Appendix A: Required Licenses: List of mandatory licenses and permits
8. Appendix B: Insurance Requirements: Required insurance coverage and minimum limits
9. Appendix C: Employee Handbook: Standard operating procedures for staff
10. Appendix D: Brand Guidelines: Standards for use of logos, signage, and marketing materials
Food & Beverage
Hospitality
Real Estate
Restaurant
Retail
Food Service
Catering
Entertainment
Tourism
Small Business
Legal
Operations
Finance
Business Development
Compliance
Property Management
Food Service Operations
Investment
Partnership Development
Risk Management
Restaurant Owner
Business Development Manager
Operations Director
Chief Financial Officer
Legal Counsel
Restaurant Manager
Food Service Director
Investment Manager
Franchise Development Manager
Compliance Officer
Property Manager
Partnership Manager
Business Owner
Restaurant Consultant
Financial Controller
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