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Indemnification Contract Template for Ireland

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Key Requirements PROMPT example:

Indemnification Contract

"I need an Indemnification Contract between my tech company as indemnitor and a major retail client as indemnitee, specifically covering potential intellectual property claims and data breach incidents, to be effective from March 1, 2025."

Document background
This Indemnification Contract is designed for use in situations where formal risk allocation and protection against potential losses or liabilities is required between parties under Irish law. The document is particularly valuable in commercial transactions, corporate restructurings, service agreements, or any situation where one party needs to protect another against specific risks or potential claims. It includes detailed provisions for claim procedures, limitations, and exclusions, all drafted in compliance with Irish legislation including the Civil Liability Act 1961 and relevant common law principles. The agreement can be customized based on specific business needs while maintaining its enforceability under Irish jurisdiction.
Suggested Sections

1. Parties: Identifies and defines all parties to the agreement, including their legal status and contact details

2. Background: Sets out the context and purpose of the indemnification agreement

3. Definitions: Defines key terms used throughout the agreement

4. Scope of Indemnification: Clearly defines what losses, damages, or liabilities are covered by the indemnification

5. Indemnification Obligations: Details the specific obligations of the indemnifying party

6. Procedure for Claims: Sets out the process for making and handling indemnification claims

7. Limitations and Exclusions: Specifies any caps, carve-outs, or exclusions from the indemnification obligations

8. Duration: Specifies how long the indemnification obligations remain in effect

9. Notice Requirements: Details how and when notices related to claims must be given

10. Governing Law and Jurisdiction: Specifies Irish law as governing law and establishes jurisdiction for disputes

Optional Sections

1. Insurance Requirements: Required when parties must maintain specific insurance coverage to support indemnification obligations

2. Third Party Claims: Added when the agreement needs to specifically address claims brought by third parties

3. Survival: Include when certain indemnification obligations need to survive termination of the agreement

4. Security: Required when collateral or other security is needed to support indemnification obligations

5. Multiple Indemnitors: Include when there are multiple parties providing indemnification

6. Subrogation Rights: Added when addressing rights of insurers or other parties to step into the shoes of the indemnified party

7. Alternative Dispute Resolution: Include when parties want to specify mediation or arbitration for indemnification disputes

8. Force Majeure: Added when certain events should excuse or modify indemnification obligations

Suggested Schedules

1. Schedule of Specific Indemnified Events: Detailed list of specific events or circumstances covered by the indemnification

2. Schedule of Pre-Existing Claims: List of known claims or circumstances that might give rise to claims

3. Schedule of Insurance Requirements: Detailed specifications for required insurance coverage

4. Schedule of Excluded Claims: Specific list of excluded claims or circumstances

5. Appendix A - Claim Notice Form: Standard form for submitting indemnification claims

6. Appendix B - Claims Handling Procedure: Detailed procedures for processing and responding to claims

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





































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Relevant Industries

Financial Services

Construction

Manufacturing

Technology

Healthcare

Professional Services

Real Estate

Insurance

Energy

Transportation and Logistics

Retail

Telecommunications

Relevant Teams

Legal

Risk Management

Compliance

Finance

Operations

Corporate Affairs

Business Development

Insurance

Procurement

Executive Leadership

Relevant Roles

Legal Counsel

Risk Manager

Compliance Officer

Chief Financial Officer

Contract Manager

Business Development Director

Insurance Manager

Operations Director

Chief Executive Officer

Commercial Director

Corporate Secretary

Project Manager

Procurement 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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