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Release Indemnification And Hold Harmless Agreement Template for Ireland

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Key Requirements PROMPT example:

Release Indemnification And Hold Harmless Agreement

"Need a Release Indemnification and Hold Harmless Agreement under Irish law for a Dublin-based construction project, where our company (BuildCo Ireland Ltd) will be the main contractor indemnifying the property owner (Dublin Properties plc) against all construction-related claims and accidents starting from March 2025."

Document background
The Release Indemnification And Hold Harmless Agreement is a vital risk management tool used in various business and personal contexts under Irish law. It is typically employed when parties need to definitively resolve potential claims while establishing forward-looking protections. This document is particularly relevant in situations involving business transactions, service agreements, property transfers, or settlement of disputes. It combines three key elements: a release of existing or potential claims, an indemnification promise to cover certain losses or damages, and a hold harmless provision preventing future claims. The agreement must comply with Irish contract law principles and the Civil Liability Act 1961, making it essential to clearly define the scope of release, indemnification triggers, and limitations. It's commonly used in corporate transactions, construction projects, professional services, and other situations where risk allocation needs to be clearly documented and legally enforceable.
Suggested Sections

1. Parties: Identification and details of all parties to the agreement, including their legal status and addresses

2. Background: Context of the agreement, relationship between parties, and circumstances necessitating the release and indemnification

3. Definitions: Detailed definitions of key terms used throughout the agreement, including 'Release', 'Indemnification', and 'Claims'

4. Release Provisions: Specific terms of the release, including scope, effective date, and claims being released

5. Indemnification Obligations: Detailed provisions regarding the indemnification, including scope, triggers, and extent of coverage

6. Hold Harmless Provisions: Specific terms of the hold harmless arrangement, including obligations and limitations

7. Consideration: Details of any consideration being provided in exchange for the release and indemnification

8. Duration: Term of the agreement and survival of obligations

9. Governing Law and Jurisdiction: Specification of Irish law as governing law and jurisdiction for disputes

10. Execution: Signature blocks and execution requirements

Optional Sections

1. Insurance Requirements: Required when specific insurance coverage needs to be maintained by either party

2. Dispute Resolution: Optional alternative dispute resolution procedures, recommended for complex agreements

3. Confidentiality: Required when the release involves confidential information or trade secrets

4. Assignment: Include when transfer of rights needs to be restricted or permitted under specific conditions

5. Severability: Recommended for complex agreements to ensure partial enforceability

6. Force Majeure: Include when ongoing obligations exist that could be affected by unforeseen circumstances

7. Third Party Rights: Required when the release or indemnification affects rights of third parties

Suggested Schedules

1. Schedule of Released Claims: Detailed list of specific claims, liabilities, or matters being released

2. Schedule of Indemnified Activities: Specific activities, operations, or circumstances covered by the indemnification

3. Schedule of Excluded Claims: List of specific claims or matters explicitly excluded from the release or indemnification

4. Schedule of Insurance Requirements: Detailed insurance requirements including types, amounts, and conditions of coverage

5. Schedule of Related Agreements: List of other agreements or documents referenced or affected by this agreement

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

Relevant legal definitions



































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Relevant Industries

Construction

Manufacturing

Professional Services

Healthcare

Technology

Financial Services

Real Estate

Energy

Transportation

Insurance

Entertainment

Education

Retail

Hospitality

Relevant Teams

Legal

Risk Management

Compliance

Corporate Affairs

Operations

Finance

Insurance

Commercial

Business Development

Contracts Administration

Relevant Roles

Legal Counsel

Risk Manager

Compliance Officer

Contract Manager

Project Manager

Corporate Secretary

Chief Legal Officer

Business Development Manager

Operations Director

Chief Financial Officer

Insurance Manager

Claims Manager

General Counsel

Commercial Director

Partnership 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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