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Investment Bank Engagement Letter Template for Ireland

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Key Requirements PROMPT example:

Investment Bank Engagement Letter

"I need an Investment Bank Engagement Letter under Irish law for appointing Goldman Sachs as our exclusive financial advisor for a potential IPO planned for March 2025, with specific provisions for success fees and regulatory compliance for a technology company."

Document background
The Investment Bank Engagement Letter is a crucial document used when formally engaging an investment bank's services for financial advisory, M&A, capital raising, or other investment banking activities in Ireland. It's typically employed at the outset of a significant financial transaction or advisory relationship and must comply with Irish financial services regulations, including requirements set by the Central Bank of Ireland and EU directives such as MiFID II. The letter outlines essential elements including scope of services, fee structures, confidentiality obligations, regulatory compliance requirements, and risk allocations. This document is particularly important in the Irish market where financial services are heavily regulated and require careful attention to both domestic and EU regulatory frameworks.
Suggested Sections

1. Introduction and Parties: Opening paragraph identifying the parties and date, including full legal names and addresses

2. Purpose and Background: Brief context of the engagement and reference to any previous discussions

3. Scope of Services: Detailed description of investment banking services to be provided, such as M&A advisory, capital raising, or other specific financial services

4. Fees and Expenses: Structure of fees including retainer, success fees, and treatment of out-of-pocket expenses

5. Team and Resources: Key personnel assigned to the engagement and commitment of resources

6. Confidentiality: Obligations regarding confidential information and its handling

7. Conflicts and Independence: Disclosure of potential conflicts and statement of independence

8. Term and Termination: Duration of engagement and termination provisions

9. Regulatory Disclosures: Required disclosures under Irish and EU financial regulations

10. Limitation of Liability: Extent and limitations of the bank's liability

11. Governing Law: Confirmation of Irish law governance and jurisdiction

12. Acceptance and Execution: Signature blocks and acceptance mechanics

Optional Sections

1. Exclusivity: Terms of exclusivity if the bank is appointed as exclusive financial advisor - include when client agrees to exclusive arrangement

2. Success Fee Trigger Events: Detailed description of events triggering success fees - include for complex transaction structures

3. Information Requirements: Specific client obligations regarding information provision - include for complex transactions or where extensive due diligence is required

4. International Considerations: Cross-border elements and considerations - include when transaction involves multiple jurisdictions

5. Fairness Opinion: Terms related to provision of fairness opinion - include when fairness opinion is part of the scope

6. Deal Team Amendments: Process for changing key personnel - include for longer-term engagements

7. Client's Obligations: Specific obligations of the client - include for complex engagements or where client cooperation is crucial

Suggested Schedules

1. Fee Schedule: Detailed breakdown of all fees, including calculation methodologies and payment terms

2. Transaction Parameters: Definition of transaction parameters, particularly for success fee calculations

3. Key Personnel: Biographical information of key team members and their roles

4. Required Disclosures: Regulatory and compliance disclosures required under Irish and EU law

5. Conflicts Disclosure: Detailed disclosure of any actual or potential conflicts of interest

6. Services Description: Detailed scope of services and deliverables

7. Form of Notices: Templates for various notices and communications required under the engagement

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

Financial Services

Banking

Corporate Finance

Private Equity

Real Estate

Technology

Healthcare

Manufacturing

Energy

Infrastructure

Telecommunications

Retail

Media

Mining

Agriculture

Transportation

Professional Services

Relevant Teams

Legal

Finance

Corporate Development

Treasury

Executive Leadership

Board of Directors

Mergers & Acquisitions

Corporate Finance

Compliance

Risk Management

Strategy

Business Development

Relevant Roles

Chief Executive Officer

Chief Financial Officer

General Counsel

Head of Corporate Development

Director of Finance

Investment Banking Director

Managing Director

Corporate Finance Director

Treasury Manager

Head of M&A

Financial Controller

Board Director

Company Secretary

Chief Legal Officer

Head of Strategy

Investment Director

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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