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Conflict Of Interest And Confidentiality Agreement

Conflict Of Interest And Confidentiality Agreement Template for Ireland

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Key Requirements PROMPT example:

Conflict Of Interest And Confidentiality Agreement

"I need a Conflict of Interest and Confidentiality Agreement for our Dublin-based fintech startup, covering both our permanent employees and external consultants, with special attention to cryptocurrency trading activities and personal investment restrictions."

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Document background
The Conflict of Interest and Confidentiality Agreement is essential for organizations operating under Irish jurisdiction that need to protect sensitive information and manage potential conflicts of interest effectively. This document is particularly relevant in today's complex business environment where employees and stakeholders often have access to confidential information and may face situations where personal interests could conflict with organizational duties. The agreement complies with Irish legal requirements, including the Companies Act 2014, Data Protection Act 2018, and GDPR, while providing practical mechanisms for declaring and managing conflicts of interest and maintaining confidentiality. It's commonly used during onboarding of new employees, engagement of consultants, appointment of board members, or when establishing business partnerships where sensitive information needs to be shared.
Suggested Sections

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

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

3. Definitions: Definitions of key terms including 'Confidential Information', 'Conflict of Interest', 'Related Parties', etc.

4. Scope and Duration: Temporal and substantive scope of the agreement

5. Confidentiality Obligations: Detailed obligations regarding handling of confidential information, including storage, transmission, and destruction

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed

7. Conflict of Interest Provisions: Definition of what constitutes a conflict and general obligations

8. Disclosure and Reporting Requirements: Procedures for declaring potential conflicts of interest

9. Management of Conflicts: Process for evaluating and managing declared conflicts

10. Data Protection Compliance: GDPR compliance measures and data protection obligations

11. Return of Confidential Information: Obligations regarding return or destruction of confidential information upon termination

12. Breach and Remedies: Consequences of breach and available remedies

13. General Provisions: Standard boilerplate including governing law, jurisdiction, entire agreement, etc.

Optional Sections

1. Non-Competition: Additional restrictions on competitive activities - include when dealing with senior employees or in sensitive industry sectors

2. Intellectual Property Rights: Specific provisions regarding IP ownership and usage - include when confidential information includes IP assets

3. Assignment and Succession: Rules about transferability of obligations - include for long-term agreements or when dealing with corporate entities

4. Specific Industry Compliance: Industry-specific regulatory requirements - include for regulated sectors like financial services or healthcare

5. Third Party Rights: Rights of group companies or related entities - include when agreement needs to cover wider corporate group

6. Insurance Requirements: Specific insurance obligations - include for high-risk or regulated activities

7. Audit Rights: Rights to audit compliance - include for regulated industries or when dealing with sensitive information

Suggested Schedules

1. Schedule 1 - Categories of Confidential Information: Detailed list of types of confidential information covered

2. Schedule 2 - Conflict Disclosure Form: Standard form for declaring potential conflicts of interest

3. Schedule 3 - Approved Third Party Recipients: Pre-approved list of parties who may receive confidential information

4. Schedule 4 - Security Requirements: Specific technical and organizational measures required for data protection

5. Appendix A - Conflict Management Procedures: Detailed procedures for handling disclosed conflicts

6. Appendix B - Contact Details: Key contacts for conflict notifications and confidentiality matters

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions





























Clauses
























Relevant Industries

Financial Services

Healthcare

Technology

Professional Services

Government and Public Sector

Education

Research and Development

Manufacturing

Pharmaceuticals

Legal Services

Construction

Energy

Telecommunications

Defense

Non-Profit Organizations

Relevant Teams

Legal

Human Resources

Finance

Executive Leadership

Research and Development

Information Technology

Procurement

Business Development

Risk and Compliance

Internal Audit

Project Management Office

Strategic Planning

Corporate Communications

Investment

Clinical Operations

Relevant Roles

Chief Executive Officer

Board Director

Senior Manager

Financial Controller

Research Scientist

Legal Counsel

Project Manager

Investment Analyst

Human Resources Director

Procurement Officer

Business Development Manager

IT Security Manager

Department Head

External Consultant

Government Liaison Officer

Clinical Trial Coordinator

Strategic Advisor

Risk 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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