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1. Parties: Identification of the contracting parties including full legal names, addresses, and registration details
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Definitions of key terms used throughout the contract
4. Scope of Services: Detailed description of services or goods to be provided by the sole trader
5. Payment Terms: Payment amounts, schedules, invoicing procedures, and payment methods
6. Duration and Termination: Contract duration, renewal terms, and conditions for termination
7. Obligations of the Sole Trader: Key responsibilities, deliverables, and performance standards
8. Client Obligations: Responsibilities and obligations of the client
9. Intellectual Property Rights: Ownership and usage rights of any intellectual property created or used
10. Confidentiality: Protection of confidential information and trade secrets
11. Liability and Indemnification: Limitation of liability and indemnification provisions
12. Insurance: Required insurance coverage and minimum amounts
13. Governing Law: Specification of Nigerian law as governing law and jurisdiction
14. Dispute Resolution: Process for resolving disputes including mediation and arbitration procedures
1. Non-Compete: Restrictions on competitive activities, used when the sole trader has access to sensitive business information
2. Assignment: Rules regarding transfer of rights and obligations, important for larger contracts
3. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term contracts
4. Warranties: Specific guarantees about services or goods, important for product-based contracts
5. Quality Standards: Specific quality requirements and standards, relevant for specialized services or products
6. Subcontracting: Terms regarding the use of subcontractors, if applicable to the business relationship
7. Data Protection: Specific provisions for handling personal data, required if dealing with personal information
8. Environmental Compliance: Environmental obligations, relevant for businesses with environmental impact
9. Health and Safety: Health and safety requirements, important for physical services or dangerous goods
1. Schedule 1: Service Specifications: Detailed description of services or goods including technical specifications
2. Schedule 2: Fee Schedule: Detailed breakdown of fees, rates, and payment structures
3. Schedule 3: Key Performance Indicators: Specific performance metrics and evaluation criteria
4. Schedule 4: Insurance Requirements: Detailed insurance requirements and minimum coverage amounts
5. Schedule 5: Required Certifications: List of required licenses, permits, and certifications
6. Appendix A: Contact Details: Key contact information for both parties
7. Appendix B: Service Level Agreement: Detailed service levels and response times if applicable
8. Appendix C: Compliance Requirements: Specific regulatory and compliance requirements applicable to the services
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