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Invention Confidentiality Agreement for Ireland

Invention Confidentiality Agreement Template for Ireland

This agreement, governed by Irish law, is designed to protect confidential information related to inventions during their disclosure to third parties. It incorporates key provisions from Irish intellectual property law, including the Patents Act 1992 and the European Union (Protection of Trade Secrets) Regulations 2018. The document establishes clear obligations for maintaining confidentiality, permitted uses of the confidential information, and consequences of breach. It includes specific provisions for protecting invention details, technical specifications, and related intellectual property while ensuring compliance with Irish and EU regulatory requirements.

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What is a Invention Confidentiality Agreement?

The Invention Confidentiality Agreement is essential when inventors or companies need to share sensitive information about their inventions with third parties while maintaining legal protection. This document is particularly crucial in the Irish business and innovation landscape, where it helps protect valuable intellectual property during business negotiations, potential partnerships, or investment discussions. The agreement ensures compliance with Irish intellectual property law and EU regulations while establishing clear confidentiality obligations and enforcement mechanisms. It typically includes detailed descriptions of the protected information, security requirements, and specific permitted uses, making it vital for technology transfer, research collaboration, and commercial development activities.

What sections should be included in a Invention Confidentiality Agreement?

1. Parties: Identification of the disclosing party (inventor/owner) and receiving party, including full legal names and addresses

2. Background: Context of the agreement, including brief description of the invention and purpose of disclosure

3. Definitions: Key terms including 'Confidential Information', 'Invention', 'Permitted Purpose', and 'Representatives'

4. Scope of Confidential Information: Detailed description of what constitutes confidential information related to the invention

5. Confidentiality Obligations: Core obligations regarding use, disclosure, and protection of the confidential information

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

7. Security Measures: Required security measures for protecting the confidential information

8. Return or Destruction of Information: Obligations regarding the handling of confidential information upon termination or request

9. Duration and Termination: Term of the agreement and conditions for termination

10. Intellectual Property Rights: Confirmation that no IP rights are transferred and protection of existing rights

11. Breach and Remedies: Consequences of breach and available remedies including injunctive relief

12. General Provisions: Standard provisions including governing law, jurisdiction, and entire agreement

What sections are optional to include in a Invention Confidentiality Agreement?

1. Non-Competition: Restrictions on competing activities, used when there's specific concern about competition

2. Non-Solicitation: Restrictions on soliciting employees or customers, relevant for business-critical inventions

3. Insurance Requirements: Obligations to maintain specific insurance coverage, used for high-risk inventions

4. Export Control: Compliance with export control laws, necessary for inventions with international implications

5. Data Protection: GDPR compliance provisions, required when personal data is involved

6. Third Party Rights: Rights of third parties under the agreement, relevant when other parties have interests in the invention

7. Alternative Dispute Resolution: Mediation or arbitration provisions, useful for international agreements

What schedules should be included in a Invention Confidentiality Agreement?

1. Schedule 1 - Description of the Invention: Detailed technical description of the invention and related confidential information

2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle the confidential information

3. Schedule 3 - Security Protocols: Specific security measures and protocols for handling the confidential information

4. Schedule 4 - Permitted Purpose: Detailed description of the specific purposes for which the confidential information may be used

5. Appendix A - Form of Confidentiality Undertaking: Template for additional confidentiality undertakings by representatives or third parties

6. Appendix B - Information Return Certificate: Form for certifying return or destruction of confidential information

Authors

Alex Denne

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

Jurisdiction

Ireland

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions






























Clauses

























Relevant Industries

Technology

Biotechnology

Pharmaceutical

Engineering

Manufacturing

Medical Devices

Software Development

Automotive

Aerospace

Chemical

Electronics

Clean Energy

Telecommunications

Research and Development

Industrial Design

Relevant Teams

Legal

Research and Development

Intellectual Property

Innovation

Business Development

Technology Transfer

Product Development

Scientific Affairs

Commercial Operations

Engineering

Relevant Roles

Chief Technology Officer

Research and Development Director

Patent Attorney

Intellectual Property Manager

Innovation Manager

Legal Counsel

Business Development Manager

Technology Transfer Officer

Product Development Manager

Chief Scientific Officer

Research Scientist

Intellectual Property Counsel

Innovation Director

Commercial Director

Technical Project 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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