The Vendors Agreement serves as a crucial legal framework for businesses operating in Nigeria to establish and maintain formal relationships with their suppliers and service providers. This document is essential when a company needs to formalize its vendor relationships, ensure consistency in supplier management, and protect both parties' interests under Nigerian law. The agreement typically includes detailed provisions for pricing, delivery, quality standards, and performance requirements, while ensuring compliance with Nigerian commercial regulations, including the Companies and Allied Matters Act (CAMA) 2020 and relevant consumer protection legislation. It's particularly important for businesses engaging multiple vendors or entering into long-term supply relationships, as it helps manage risk, ensure regulatory compliance, and establish clear operational procedures.
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 of your docs
1. Parties: Identification and details of the contracting parties, including registered addresses and company registration numbers
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Services/Products: Detailed description of products or services to be provided by the vendor
5. Term and Renewal: Duration of the agreement and conditions for renewal
6. Pricing and Payment Terms: Price structure, payment schedule, and invoicing requirements
7. Delivery and Performance: Terms relating to delivery timeframes, performance standards, and acceptance criteria
8. Quality Standards: Required quality standards and compliance with Nigerian regulations
9. Warranties and Representations: Warranties provided by the vendor regarding products/services
10. Liability and Indemnification: Allocation of risks and responsibilities between parties
11. Termination: Circumstances and procedures for terminating the agreement
12. Confidentiality: Protection of confidential information exchanged between parties
13. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and applicable law
14. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Intellectual Property Rights: Required when the vendor relationship involves creation or use of intellectual property
2. Data Protection: Necessary when personal data processing is involved, ensuring NDPR compliance
3. Insurance Requirements: Include when specific insurance coverage is required from the vendor
4. Performance Bonds: Required for high-value contracts or where significant advance payments are made
5. Export/Import Compliance: Necessary for international vendors or cross-border transactions
6. Environmental Compliance: Include when the vendor's activities have environmental implications
7. Anti-Corruption Compliance: Important for high-value contracts or government-related work
8. Force Majeure: Optional but recommended for long-term agreements or where supply chain disruptions are possible
9. Change Control: Include for agreements where scope or specifications may need regular adjustment
1. Schedule A - Product/Service Specifications: Detailed technical specifications of products or services
2. Schedule B - Pricing Schedule: Detailed pricing structure, including any volume discounts or price adjustment mechanisms
3. Schedule C - Service Level Agreement: Specific performance metrics and service levels to be maintained
4. Schedule D - Key Personnel: List of key vendor personnel assigned to the agreement
5. Schedule E - Compliance Requirements: Specific regulatory or compliance requirements applicable to the vendor
6. Schedule F - Required Documentation: List of documents required from the vendor (certificates, permits, etc.)
7. Appendix 1 - Quality Control Procedures: Detailed quality control and testing procedures
8. Appendix 2 - Reporting Templates: Standard templates for required reports and documentation
Find the exact document you need
Supplier And Distributor Agreement
A Nigerian law-governed agreement establishing the terms and conditions between a supplier and distributor for product distribution and sales.
Download
Supplier Managed Inventory Agreement
Nigerian-law governed agreement establishing terms for supplier-managed inventory arrangements, including monitoring, replenishment, and performance requirements.
Download
Supplier Development Agreement
Nigerian law-governed agreement establishing a structured program for supplier capability development and performance enhancement.
Download
Vendor Non Compete Agreement
A Nigerian law-governed agreement restricting vendor competition and protecting business interests through enforceable non-compete provisions.
Download
Supplier Non Disclosure Agreement
Nigerian law-governed NDA template for protecting confidential information in supplier relationships.
Download
Agreement Between Supplier And Buyer
A Nigerian law-governed agreement establishing terms and conditions between a supplier and buyer for the sale and purchase of goods.
Download
Vendors Agreement
A Nigerian law-governed agreement establishing terms and conditions between a business and its vendors for supply of goods or services.
Download
Preferred Supplier Contract
A Nigerian law-governed agreement establishing a preferred supplier relationship, setting out terms for long-term supply arrangements including pricing, quality standards, and operational procedures.
Download
Goods Supply Agreement
A Nigerian law-governed agreement establishing terms for the supply of goods between parties, including delivery, quality, pricing, and payment terms.
Download
Agreement Between Supplier And Distributor
A Nigerian law-governed agreement establishing terms and conditions between a supplier and distributor for product distribution and commercial relationship management.
Download
Retail Supplier Agreement
A Nigerian law-governed agreement establishing terms and conditions between suppliers and retailers for the supply of goods, including commercial terms and regulatory compliance requirements.
Download
Preferred Vendor Agreement
A Nigerian law-governed agreement establishing a preferential supplier relationship between a buyer and vendor, including terms for preferred status, pricing, and performance standards.
Download
Vendor Supplier Agreement
A Nigerian law-governed agreement establishing terms and conditions between a buyer and supplier for the provision of goods or services.
Download
Product Supply Agreement Between Manufacturer And Buyer
A Nigerian law-governed agreement establishing terms for product supply between a manufacturer and buyer, including specifications, pricing, delivery, and quality requirements.
Download
Manufacturing Supplier Contract
A Nigerian law-governed agreement regulating the manufacturing and supply relationship between a manufacturer/supplier and buyer, including quality, delivery, and regulatory compliance terms.
Download
Contract For Supply Of Goods And Services
Nigerian law-governed agreement for the combined supply of goods and services, incorporating local regulatory requirements and commercial terms.
Download
Agreement Between Customer And Supplier
A Nigerian law-governed agreement defining the terms and conditions between a customer and supplier for the provision of goods or services.
Download
Master Vendor Agreement
A Nigerian law-governed master agreement establishing the framework for ongoing vendor relationships, including terms for goods/services provision, compliance requirements, and operational procedures.
Download
Vendor Quality Agreement
A Nigerian law-governed agreement establishing quality standards and control procedures between a company and its vendors, ensuring compliance with local quality regulations.
Download
Supplier Confidentiality Agreement
Nigerian law-governed agreement establishing confidentiality obligations between a company and supplier, protecting sensitive business information and trade secrets.
Download
Confidentiality Agreement For Vendors
Nigerian-law governed confidentiality agreement protecting company information shared with vendors and suppliers, ensuring compliance with local data protection regulations.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s 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)