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The Company Contractor Agreement is essential for businesses operating in Nigeria that engage external service providers or consultants on a non-employment basis. This document is crucial for compliance with Nigerian corporate and labor laws, particularly the Companies and Allied Matters Act (CAMA) 2020 and the Labour Act. It should be used whenever a company wishes to formally engage an independent contractor while clearly distinguishing the relationship from employment. The agreement covers essential elements including service scope, payment terms, intellectual property rights, confidentiality, and termination provisions, all tailored to the Nigerian legal framework. It helps protect both parties' interests while ensuring regulatory compliance and providing clear guidelines for the working relationship.

1. Parties: Identification of the contracting company and the contractor, including registration details and addresses

2. Background: Context of the agreement and brief description of the parties' intention to enter into a contractor relationship

3. Definitions and Interpretation: Key terms used throughout the agreement and rules for interpreting the document

4. Appointment and Status: Establishes the contractor's appointment and explicitly confirms independent contractor status

5. Scope of Services: Detailed description of services to be provided by the contractor

6. Term and Duration: Period of the agreement, including start date and duration

7. Contractor's Obligations: Key responsibilities and commitments of the contractor

8. Company's Obligations: Key responsibilities and commitments of the company

9. Fees and Payment Terms: Compensation, payment schedule, expenses, and tax provisions

10. Intellectual Property Rights: Ownership and rights related to work products and pre-existing IP

11. Confidentiality: Protection of confidential information and trade secrets

12. Data Protection: Compliance with Nigerian Data Protection Regulation and data handling requirements

13. Non-Competition and Non-Solicitation: Restrictions on competitive activities and solicitation of employees/clients

14. Termination: Grounds and procedures for ending the agreement

15. Post-Termination Obligations: Obligations that survive the end of the agreement

16. General Provisions: Standard clauses including notices, amendments, governing law, etc.