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Service Fee Agreement Template for Nigeria

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Key Requirements PROMPT example:

Service Fee Agreement

"I need a Service Fee Agreement for an IT consulting firm providing cybersecurity services to a Nigerian bank, including data protection clauses and compliance with Central Bank of Nigeria regulations, with services commencing January 1, 2025."

Document background
The Service Fee Agreement is a fundamental document used in Nigerian business transactions to formalize service-based relationships between providers and clients. This agreement type is essential when establishing professional service arrangements, consulting relationships, or any business engagement where services are provided for a fee. The document addresses key aspects required under Nigerian law, including clear service definitions, payment terms, tax implications, and regulatory compliance. It is particularly important in the Nigerian context where proper documentation of service arrangements is crucial for tax purposes, regulatory compliance, and dispute resolution. The Service Fee Agreement helps parties clearly define their rights, obligations, and expectations while providing a framework for successful service delivery and payment arrangements.
Suggested Sections

1. Parties: Identifies and defines the service provider and service recipient with their full legal names, registration details, and addresses

2. Background: Contextualizes the agreement and outlines the parties' intentions and basis for entering into the service arrangement

3. Definitions: Defines key terms used throughout the agreement to ensure clarity and prevent misinterpretation

4. Scope of Services: Detailed description of the services to be provided, including specific deliverables and performance standards

5. Fee Structure and Payment Terms: Specifies the fees, payment schedule, invoicing process, and any applicable taxes or deductions

6. Duration and Termination: Specifies the term of the agreement and conditions for termination by either party

7. Obligations of the Service Provider: Details the responsibilities, warranties, and commitments of the service provider

8. Obligations of the Client: Outlines the client's responsibilities, including provision of necessary information and access

9. Confidentiality: Provisions protecting confidential information exchanged during the service relationship

10. Dispute Resolution: Procedures for handling disputes, including jurisdiction and applicable law

11. Governing Law: Explicitly states that Nigerian law governs the agreement

12. Boilerplate Provisions: Standard contractual provisions including force majeure, entire agreement, and severability

Optional Sections

1. Intellectual Property Rights: Required when services involve creation or use of intellectual property

2. Data Protection: Necessary when personal data processing is involved in service delivery

3. Non-Competition: Include when restricting the service provider from competing activities

4. Service Level Agreement (SLA): Required for technical or ongoing services with specific performance metrics

5. Insurance Requirements: Include when specific insurance coverage is required for service delivery

6. Change Control Procedure: Necessary for long-term services where scope changes are likely

7. Staff and Subcontracting: Include when service provider may need to use subcontractors or assign specific staff

8. Compliance with Laws: Detailed section needed when services are in regulated industries

Suggested Schedules

1. Schedule 1 - Detailed Service Specifications: Technical details of services, methodologies, and delivery requirements

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, rates, and payment milestones

3. Schedule 3 - Service Levels and KPIs: Specific performance metrics and measurement criteria

4. Schedule 4 - Contact Details and Representatives: Key personnel and communication protocols

5. Schedule 5 - Required Reports and Documentation: Templates and specifications for required service reports

6. Appendix A - Form of Invoice: Standard invoice format including required information

7. Appendix B - Change Request Form: Template for requesting and documenting service changes

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

Professional Services

Information Technology

Consulting

Financial Services

Oil and Gas

Manufacturing

Healthcare

Education

Telecommunications

Construction

Real Estate

Agriculture

Mining

Retail

Logistics

Energy

Relevant Teams

Legal

Finance

Procurement

Operations

Commercial

Compliance

Risk Management

Business Development

Contract Administration

Account Management

Relevant Roles

Legal Counsel

Contract Manager

Commercial Director

Chief Financial Officer

Operations Manager

Procurement Manager

Project Manager

Business Development Manager

Finance Director

Compliance Officer

Risk Manager

Managing Director

CEO

Service Delivery Manager

Account Manager

General Counsel

Company Secretary

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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