¶¶Òõ¶ÌÊÓƵ

All Countries
Commercial
Vesting Agreement (Construction)

Vesting Agreement (Construction) Template for Ireland

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Vesting Agreement (Construction)

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Vesting Agreement (Construction)

"I need a Vesting Agreement (Construction) for a large-scale residential development project in Dublin, where materials worth €5 million will be stored off-site and need to vest progressively as they're delivered to the construction site starting March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Construction Vesting Agreement (Construction) is a crucial document in Irish construction projects where materials and works need to be transferred progressively from the contractor to the employer. It is particularly relevant in situations where significant materials are purchased or stored before installation, or where advance payments are made. The agreement ensures that ownership rights are properly transferred while protecting the employer's interests in case of contractor insolvency. Governed by Irish law, it includes detailed provisions for material specifications, storage requirements, quality standards, and payment mechanisms. The document is essential for risk management in construction projects and often works in conjunction with other construction contracts and security arrangements.
Suggested Sections

1. Parties: Identification of the parties entering into the agreement, including the employer/developer and the contractor

2. Background: Context of the agreement, including details of the construction project and purpose of the vesting arrangement

3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules for interpretation

4. Vesting Provisions: Core terms governing when and how materials and works vest in the employer

5. Payment Terms: Details of payment arrangements, including timing and conditions for payment

6. Storage and Protection: Requirements for storage, protection, and insurance of materials prior to installation

7. Quality Requirements: Standards and specifications that materials and works must meet

8. Identification and Marking: Requirements for identifying and marking materials subject to vesting

9. Risk and Insurance: Allocation of risk and insurance requirements for vested materials and works

10. Access and Inspection: Rights of employer to inspect materials and works subject to vesting

11. Title and Ownership: Provisions ensuring clear transfer of title and ownership

12. Contractor's Obligations: Specific responsibilities of the contractor regarding vested materials

13. Termination: Circumstances and procedures for terminating the agreement

14. Governing Law and Jurisdiction: Confirmation of Irish law governance and jurisdiction

Optional Sections

1. Off-Site Storage: Additional provisions for materials stored off-site, used when significant materials are stored at locations other than the construction site

2. International Procurement: Special provisions for materials sourced internationally, included when materials are imported

3. Step-In Rights: Employer's rights to step in and take control of materials in specific circumstances, used in high-value or critical projects

4. Security Arrangements: Additional security requirements for high-value materials, included for projects with significant material costs

5. Advance Payment Provisions: Special terms for advance payments, used when significant advance payments are required

6. Subcontractor Provisions: Specific terms relating to subcontractor-supplied materials, included when significant portions are subcontracted

Suggested Schedules

1. Schedule 1 - Project Details: Specific details of the construction project and works

2. Schedule 2 - Material Specifications: Detailed specifications of materials subject to vesting

3. Schedule 3 - Payment Schedule: Detailed payment terms, milestones, and amounts

4. Schedule 4 - Storage Requirements: Specific requirements for storage and protection of materials

5. Schedule 5 - Form of Vesting Certificate: Template certificate confirming vesting of materials

6. Schedule 6 - Insurance Requirements: Detailed insurance requirements and coverage levels

7. Appendix A - Site Plan: Plans showing storage locations and site layout

8. Appendix B - Quality Control Procedures: Detailed procedures for quality control and inspection

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

alex.den.21@genieai.co
Relevant legal definitions












































Clauses

































Relevant Industries

Construction

Real Estate Development

Infrastructure Development

Commercial Property

Residential Development

Industrial Construction

Public Works

Building Materials

Engineering Services

Project Finance

Relevant Teams

Legal

Construction

Commercial

Procurement

Risk Management

Project Management

Finance

Property

Operations

Contracts Administration

Relevant Roles

Construction Manager

Project Director

Contract Manager

Legal Counsel

Quantity Surveyor

Commercial Director

Procurement Manager

Risk Manager

Construction Director

Development Manager

Property Director

Finance Director

Project Manager

Site Manager

Legal 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

Find the exact document you need

Tri Party Agreement (Construction)

An Irish law-governed agreement establishing the legal framework between three parties in a construction project, incorporating key requirements under Irish construction legislation.

find out more

Vesting Agreement (Construction)

An Irish law agreement governing the transfer of ownership rights for materials and works during construction projects, ensuring clear title transfer and risk allocation.

find out more

NDA In Project Management

Irish law-compliant NDA specifically designed for project management contexts, protecting confidential information during project execution.

find out more

Third Party Agreement (Construction)

Irish law-governed agreement between principal contractor and third-party contractor defining construction work scope, terms, and obligations.

find out more

Novation Agreement (Construction)

An Irish law agreement transferring rights and obligations under a construction contract from one party to another, ensuring project continuity and legal compliance.

find out more

Implementation Partner Agreement

Irish-law governed agreement between a client and implementation partner for system implementation services, ensuring compliance with Irish and EU regulations.

find out more

Subcontract Agreement For Construction Work

An Irish law-governed agreement between contractor and subcontractor for construction works, compliant with Irish construction regulations and the Construction Contracts Act 2013.

find out more

Residential Construction Agreement

An Irish law-governed agreement between property owner and contractor for residential construction works, ensuring compliance with Irish building regulations and construction legislation.

find out more

Project Partnering Agreement

An Irish law-governed agreement establishing a collaborative framework between multiple parties for joint project delivery, defining partnership principles, responsibilities, and governance structures.

find out more

Engineering And Construction Subcontract

An Irish law-governed agreement between main contractor and subcontractor for engineering and construction works, incorporating statutory requirements and industry standards.

find out more

Subcontractor Work Agreement

An Irish law-governed agreement establishing terms and conditions between a contractor and subcontractor for the provision of specific works or services.

find out more

Simple Construction Agreement

An Irish law-governed construction agreement for small to medium-scale projects, incorporating key requirements under Irish construction legislation.

find out more

Turbine Supply Agreement

An Irish law-governed agreement for the supply of wind turbines, including technical specifications, performance guarantees, and commercial terms.

find out more

Project Management Agreement

An Irish law-governed agreement establishing terms for professional project management services, including scope, responsibilities, and fee structures.

find out more

Construction Project Management Contract

An Irish law-governed agreement for construction project management services, establishing terms, responsibilities, and obligations for professional project management in construction projects.

find out more

Renovation Agreement Between Owner And Contractor

An Irish law-governed agreement between property owner and contractor setting terms for renovation works, including scope, payments, and responsibilities.

find out more

Project Delivery Agreement

An Irish law-governed agreement establishing terms and conditions for project delivery, including responsibilities, specifications, timelines, and payment terms.

find out more

New Home Construction Agreement

An Irish law-governed agreement establishing terms and conditions for new residential property construction, including specifications, payments, and regulatory compliance.

find out more

Project Agreement Between Company And Client

An Irish law-governed agreement defining project delivery terms between a service provider and client, including scope, deliverables, and mutual obligations.

find out more

Minor Works Agreement

An Irish law-governed agreement for small-scale construction works between an employer and contractor.

find out more

Turnkey Contract Agreement

An Irish law-governed agreement for turnkey project delivery, covering complete design, construction, and commissioning responsibilities.

find out more

Road Construction Agreement

An Irish law-governed agreement for road construction projects, setting out terms, conditions, and obligations for all parties involved in road development works.

find out more

Project Funding Agreement

An Irish law-governed agreement establishing terms and conditions for project funding, including payment terms, deliverables, and party obligations.

find out more

Project Agreement Contract

An Irish law-governed agreement establishing terms and conditions for project execution, including scope, deliverables, timelines, and responsibilities.

find out more

New Construction Agreement

An Irish law-governed agreement setting out terms and conditions for new construction projects, including contractor obligations, payment terms, and regulatory compliance.

find out more

Consortium Agreement For Tender

An Irish law agreement establishing a consortium between multiple parties for joint tender submission, defining member roles, responsibilities, and collaboration terms.

find out more

Demolition Agreement

An Irish law-governed agreement setting out terms and conditions for demolition works, including safety, environmental, and regulatory compliance requirements.

find out more

Construction Partnership Agreement

An Irish law-governed agreement establishing a partnership between construction industry parties for collaborative project execution, complying with Irish construction and partnership regulations.

find out more

Proof Of Concept Agreement

An Irish law-governed agreement establishing terms and conditions for conducting a proof of concept trial between parties, including testing parameters and success criteria.

find out more

Pre Construction Agreement

An Irish law agreement governing pre-construction services between client and consultant, including planning, design, and compliance requirements.

find out more

Cost Plus Construction Agreement

Irish law-governed construction agreement establishing a cost-plus pricing mechanism, detailing contractor compensation based on actual costs plus agreed markup.

find out more

Land Acquisition Agreement

An Irish law-governed agreement for the transfer of land ownership, establishing terms and conditions for property acquisition while ensuring compliance with Irish property legislation.

find out more

Access Agreement For (Construction)

An Irish law agreement governing temporary access rights for construction purposes, defining terms between property owners and contractors.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.