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Business Development Contract Template for Ireland

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Key Requirements PROMPT example:

Business Development Contract

"I need a Business Development Contract for engaging an independent contractor to expand our software services across European markets starting January 2025, with a tiered commission structure and specific GDPR compliance requirements."

Document background
The Business Development Contract serves as a crucial legal framework for companies operating under Irish jurisdiction who wish to engage external business development professionals or agencies. This document is essential when establishing formal relationships for market expansion, client acquisition, or revenue growth initiatives. It incorporates key elements required under Irish law, including detailed service specifications, compensation structures, performance metrics, and compliance requirements. The contract is particularly important for protecting both parties' interests while ensuring clarity in business development objectives, territorial rights, and commission arrangements. It addresses specific Irish legal requirements regarding contract formation, data protection under GDPR, competition law compliance, and employment status considerations.
Suggested Sections

1. Parties: Identification of the contracting parties including registered addresses and company 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. Appointment and Scope: Terms of appointment and detailed scope of business development services

5. Term and Termination: Duration of the agreement and circumstances for termination

6. Duties and Responsibilities: Specific obligations of the business developer and the company

7. Compensation and Payment Terms: Fee structure, commission rates, payment schedule, and expenses policy

8. Performance Targets: Specific KPIs, targets, and measurement criteria

9. Confidentiality: Protection of confidential information and trade secrets

10. Intellectual Property: Ownership and usage rights of IP created during the engagement

11. Non-Competition and Non-Solicitation: Restrictions on competitive activities and client solicitation

12. Representations and Warranties: Standard representations by both parties

13. Liability and Indemnification: Limitation of liability and indemnification obligations

14. General Provisions: Standard boilerplate clauses including notices, amendment process, and governing law

Optional Sections

1. International Operations: Include when business development activities span multiple jurisdictions

2. Data Protection: Detailed GDPR compliance terms when significant personal data processing is involved

3. Compliance with Industry Regulations: Specific regulatory compliance requirements for regulated industries

4. Force Majeure: Include when external factors could significantly impact performance

5. Insurance Requirements: Detailed insurance obligations when high-value deals are involved

6. Training and Support: Include when company provides specific training or support resources

7. Reporting Requirements: Detailed reporting structures for complex business development arrangements

8. Ethical Business Practices: Include for international business or when dealing with public sector

Suggested Schedules

1. Schedule 1: Territory and Market Segment: Detailed description of geographical territory and target market segments

2. Schedule 2: Commission Structure: Detailed breakdown of commission rates, tiers, and calculation methods

3. Schedule 3: Performance Metrics: Specific KPIs, targets, and evaluation criteria

4. Schedule 4: Approved Expenses: List of approved business expenses and reimbursement procedures

5. Schedule 5: Reporting Templates: Standard templates for activity and performance reporting

6. Schedule 6: Company Policies: Relevant company policies that apply to the business developer

7. Appendix A: Product/Service Information: Details of products/services to be promoted

8. Appendix B: Compliance Procedures: Specific compliance requirements and procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 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

Technology

Financial Services

Professional Services

Manufacturing

Healthcare

Real Estate

Telecommunications

Software and IT

Consulting

Retail

Education

Energy

Construction

Pharmaceuticals

Relevant Teams

Business Development

Sales

Commercial

Strategic Partnerships

Market Development

Growth

Corporate Development

Account Management

Business Strategy

Legal

Finance

Relevant Roles

Business Development Manager

Sales Director

Chief Commercial Officer

Market Development Executive

Strategic Partnership Manager

Growth Manager

Business Development Representative

Commercial Director

Account Executive

Sales and Business Development Specialist

Corporate Development Manager

Market Expansion 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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