The Third Party Vendor Contract serves as a fundamental legal instrument for businesses operating in Nigeria to establish and maintain formal relationships with their suppliers and service providers. This document is essential when engaging external vendors for the provision of goods, services, or a combination of both, ensuring compliance with Nigerian legal requirements including CAMA 2020, NDPR, and relevant sector-specific regulations. The contract typically includes comprehensive terms covering service scope, performance metrics, payment structures, risk allocation, and compliance obligations. It is particularly important in the Nigerian business context where proper documentation of commercial relationships is crucial for regulatory compliance, risk management, and dispute resolution. The agreement should be tailored to accommodate both local and international vendor relationships while ensuring adherence to Nigerian local content requirements where applicable.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification and details of the contracting parties, including registration numbers and addresses
2. Background: Context of the agreement and relationship between the parties
3. Definitions: Detailed definitions of terms used throughout the agreement
4. Scope of Services: Detailed description of goods/services to be provided by the vendor
5. Term and Termination: Duration of the agreement and conditions for termination
6. Payment Terms: Pricing, payment schedule, invoicing requirements, and currency specifications
7. Vendor Obligations: Key responsibilities and commitments of the vendor
8. Client Obligations: Key responsibilities and commitments of the client
9. Service Levels: Performance standards and metrics for vendor's services
10. Warranties and Representations: Guarantees and assertions made by both parties
11. Confidentiality: Protection and handling of confidential information
12. Intellectual Property: Ownership and rights regarding IP created or used during the contract
13. Indemnification: Protection against losses and liability allocation
14. Force Majeure: Handling of circumstances beyond parties' control
15. Dispute Resolution: Process for resolving disagreements including jurisdiction and governing law
16. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Data Protection: Required when personal data processing is involved, ensuring NDPR compliance
2. Insurance: Include when specific insurance coverage is required from the vendor
3. Compliance with Anti-Corruption Laws: Required for high-value contracts or government-related work
4. Local Content Requirements: Include when subject to Nigerian local content regulations
5. Security Requirements: Required when vendor has access to client's systems or facilities
6. Business Continuity: Include for critical services or long-term vendor relationships
7. Environmental Compliance: Required for services with environmental impact
8. Subcontracting: Include when vendor may need to engage subcontractors
9. Import/Export Compliance: Required for international vendors or cross-border services
10. Staff and Personnel: Include when vendor's staff will work on client premises
1. Schedule 1 - Service Specifications: Detailed technical specifications of services/goods to be provided
2. Schedule 2 - Pricing and Payment Schedule: Detailed breakdown of costs, fees, and payment milestones
3. Schedule 3 - Service Level Agreement: Detailed performance metrics, reporting requirements, and penalties
4. Schedule 4 - Key Personnel: List of key vendor staff assigned to the contract
5. Schedule 5 - Required Insurance Coverage: Specific insurance types and coverage amounts
6. Schedule 6 - Security Requirements: Detailed security protocols and compliance requirements
7. Schedule 7 - Approved Subcontractors: List of pre-approved subcontractors if applicable
8. Appendix A - Compliance Certificates: Copies of required regulatory certifications
9. Appendix B - Form of Invoice: Template for standardized invoicing
10. Appendix C - Change Order Form: Template for requesting and approving changes to services
Find the exact document you need
Software Vendor Agreement
A Nigerian law-governed agreement establishing terms for software licensing, implementation, and maintenance between vendors and customers.
Download
Vendor Space Rental Agreement
A legal agreement for vendor space rental in Nigeria, establishing terms for commercial space occupancy while ensuring compliance with Nigerian property law.
Download
Catering Vendor Contract
A Nigerian law-governed agreement establishing terms and conditions for catering services provision, including regulatory compliance, operational requirements, and service standards.
Download
Vendor Booth Rental Agreement
A Nigerian law-governed agreement for booth rental in markets or events, establishing terms between property owners and vendors.
Download
Food Truck Space Lease Agreement
A Nigerian law-governed agreement for leasing space to operate a food truck, covering operational terms, compliance requirements, and space usage rights.
Download
Vendor Management Inventory Agreement
A Nigerian law-governed agreement establishing terms for supplier-managed inventory arrangements, including operational procedures and performance requirements.
Download
Vendor Consignment Agreement
A Nigerian law-governed agreement establishing terms for consignment sale arrangements, where a vendor maintains ownership of goods until sold by their business partner.
Download
Vendor Lease Agreement
A Nigerian law-governed agreement between a property owner and commercial vendor establishing terms for business premises rental.
Download
Vendor Partnership Agreement
A Nigerian law-governed agreement establishing terms and conditions for business partnerships between companies and their vendors.
Download
Third Party Vendor Contract
A Nigerian law-governed agreement establishing terms and conditions between a company and its third-party vendor for the provision of goods or services.
Download
Retail Vendor Agreement
A Nigerian law-governed agreement establishing terms and conditions between retailers and their vendors for the supply of goods and associated commercial relationships.
Download
Event Vendor Contract Agreement
A Nigerian law-governed agreement defining terms between event vendors and clients for event service provision, including service specifications, payment terms, and regulatory compliance.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)