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Mutual Release And Non Disparagement Agreement Template for Nigeria

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Key Requirements PROMPT example:

Mutual Release And Non Disparagement Agreement

"I need a Mutual Release and Non-Disparagement Agreement for the departure of three senior executives from our Lagos-based technology company, effective March 15, 2025, including provisions for social media restrictions and agreed public statements about the separation."

Document background
A Mutual Release And Non Disparagement Agreement is a critical legal document used in Nigerian business and employment contexts when parties wish to resolve existing disputes or prevent future conflicts. It is particularly valuable during business separations, employment terminations, or the conclusion of professional relationships. The agreement serves dual purposes: first, it provides a comprehensive release of existing claims between parties, and second, it establishes clear obligations regarding future communications and behavior. Under Nigerian law, this agreement must carefully balance contractual obligations with constitutional rights, particularly regarding freedom of expression. It typically includes detailed provisions for enforcement, remedies for breach, and specific exceptions for legally required disclosures or legitimate business communications.
Suggested Sections

1. Parties: Identification of all parties entering into the agreement

2. Background: Context of the dispute or relationship between the parties and purpose of the agreement

3. Definitions: Key terms used throughout the agreement including 'Disparagement', 'Claims', and 'Released Matters'

4. Mutual Release: Comprehensive release of claims between parties, including scope and extent of release

5. Non-Disparagement Obligations: Specific commitments regarding prohibited statements or actions, including scope and duration

6. Exceptions and Permitted Disclosures: Circumstances where release or non-disparagement obligations do not apply

7. Representations and Warranties: Statements of fact and assurances by each party

8. Enforcement and Remedies: Consequences of breach and available remedies

9. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes

10. General Provisions: Standard clauses including severability, entire agreement, and amendments

Optional Sections

1. Confidentiality: Additional confidentiality obligations beyond non-disparagement, used when sensitive information is involved

2. Return of Property: Requirements for returning documents or property, typically used in employment-related settlements

3. Non-Admission of Liability: Statement that the agreement does not constitute admission of wrongdoing, used in dispute settlements

4. Cooperation in Transition: Obligations regarding handover or transition periods, relevant in employment or business relationship conclusions

5. Social Media and Online Presence: Specific provisions regarding online behavior and social media posts, used when digital presence is a concern

6. Reference Provisions: Terms regarding future employment references, typically used in employment-related agreements

7. Tax Indemnity: Provisions regarding tax implications and responsibilities, used when settlement payments are involved

Suggested Schedules

1. Schedule of Released Claims: Detailed list of specific claims, disputes, or matters being released

2. Prohibited Statements: Specific examples or categories of prohibited disparaging statements

3. Form of Announcement: Agreed form of any public statements regarding the resolution

4. Payment Schedule: Details of any settlement payments or financial arrangements

5. Related Entities: List of affiliated parties covered by the release and non-disparagement obligations

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses




























Relevant Industries

Financial Services

Technology

Manufacturing

Professional Services

Healthcare

Education

Retail

Energy

Media and Entertainment

Telecommunications

Real Estate

Construction

Mining

Agriculture

Transportation

Relevant Teams

Legal

Human Resources

Executive Leadership

Compliance

Risk Management

Corporate Affairs

Public Relations

Corporate Communications

Administrative

Operations

Relevant Roles

Chief Executive Officer

Human Resources Director

Legal Counsel

Chief Financial Officer

Managing Director

Operations Manager

Department Head

Senior Executive

Board Member

Company Secretary

Compliance Officer

Risk Manager

HR Manager

Business Unit Director

Regional Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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