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Indemnity Employment Contract Template for Ireland

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Key Requirements PROMPT example:

Indemnity Employment Contract

"I need an Indemnity Employment Contract under Irish law for our new Chief Financial Officer starting March 1, 2025, with comprehensive protection for financial decision-making and specific coverage for signing authority up to €5 million."

Document background
The Indemnity Employment Contract is designed for use in situations where employees require protection from personal liability while performing their professional duties under Irish law. This document is particularly relevant for senior executives, directors, and professionals who make significant decisions on behalf of their employer or handle sensitive matters that could expose them to personal liability. The contract combines standard employment terms required under Irish legislation with comprehensive indemnification provisions, insurance requirements, and claim procedures. It's commonly used in regulated industries, financial services, and professional services where personal liability risks are higher. The document ensures compliance with Irish employment law while providing clarity on the scope and limitations of the employer's indemnification obligations.
Suggested Sections

1. Parties: Identification of the employer and employee with full legal names and addresses

2. Background: Context of the employment relationship and purpose of the indemnity provisions

3. Definitions: Definitions of key terms used throughout the agreement, including specific indemnity-related terminology

4. Appointment and Term: Details of the position, commencement date, and term of employment

5. Duties and Responsibilities: Detailed description of the employee's role, responsibilities, and reporting structure

6. Place of Work: Primary work location and any flexibility arrangements

7. Hours of Work: Standard working hours, overtime provisions, and rest periods in compliance with Irish law

8. Remuneration and Benefits: Salary, bonus structures, benefits, and payment terms

9. Indemnification Obligations: Detailed provisions regarding the scope of indemnity, including covered actions, limitations, and procedures

10. Insurance Requirements: Specifications for any required insurance coverage related to the indemnification

11. Confidentiality: Obligations regarding confidential information and trade secrets

12. Intellectual Property: Assignment of IP rights and related provisions

13. Data Protection: GDPR compliance and data processing provisions

14. Termination: Grounds for termination, notice periods, and post-termination obligations

15. Post-Termination Restrictions: Non-compete, non-solicitation, and other restrictive covenants

16. General Provisions: Standard boilerplate clauses including governing law, variation, and severability

Optional Sections

1. International Travel: Include when role requires significant international travel, detailing travel policies and insurance

2. Commission Structure: Include for sales roles or positions with commission-based compensation

3. Share Options: Include when employee is eligible for company share schemes or options

4. Garden Leave: Include for senior positions where garden leave might be required

5. Training Requirements: Include when specific certifications or training are required for the role

6. Vehicle Allowance: Include when position includes company car or car allowance

7. Relocation Provisions: Include when employment requires relocation

8. Remote Working: Include when role involves regular remote working arrangements

Suggested Schedules

1. Schedule 1 - Job Description: Detailed description of the role, responsibilities, and performance expectations

2. Schedule 2 - Benefits Package: Comprehensive list of benefits and their terms

3. Schedule 3 - Company Policies: Key company policies that form part of the employment terms

4. Schedule 4 - Insurance Coverage: Details of insurance policies related to the indemnification provisions

5. Schedule 5 - Bonus Scheme: Details of any applicable bonus or commission schemes

6. Appendix A - Indemnification Procedures: Step-by-step procedures for making and handling indemnification claims

7. Appendix B - Required Notifications: List of required notifications and their timing under the indemnification provisions

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

Technology

Healthcare

Professional Services

Manufacturing

Construction

Pharmaceuticals

Energy

Transportation

Insurance

Real Estate

Education

Telecommunications

Consulting

Relevant Teams

Legal

Executive Leadership

Finance

Risk Management

Compliance

Operations

Human Resources

Information Technology

Research & Development

Project Management

Business Development

Investment

Clinical Operations

Product Development

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Technology Officer

Managing Director

Board Director

Senior Manager

Department Head

Project Manager

Financial Controller

Legal Counsel

Compliance Officer

Risk Manager

Investment Manager

Senior Consultant

Clinical Director

Research Director

Operations Manager

Senior Engineer

Product Manager

Business Development Director

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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