Confidentiality Agreement Between Two Individuals Template for Ireland

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Confidentiality Agreement Between Two Individuals

I need a Confidentiality Agreement Between Two Individuals under Irish law to protect sensitive business information I'll be sharing with a potential business partner regarding my tech startup concept, with the agreement to remain in effect until January 2025.

Document background

The Confidentiality Agreement Between Two Individuals is essential when individuals need to share sensitive information while ensuring legal protection under Irish law. This type of agreement is commonly used in situations such as business discussions, professional collaborations, creative projects, or personal matters where confidential information needs to be protected. It complies with Irish legislation, including the Data Protection Act 2018 and relevant common law principles. The document is particularly relevant when individuals are exploring business opportunities, sharing creative works, discussing innovations, or engaging in professional services where one party needs to disclose sensitive information to another. It provides a framework for defining confidential information, establishing protection measures, and setting out clear remedies in case of unauthorized disclosure.

Suggested Sections

1. Parties: Identification of both individuals entering into the agreement, including full legal names and addresses

2. Background: Context of the agreement and the relationship between the parties

3. Definitions: Clear definitions of key terms, especially 'Confidential Information', 'Permitted Purpose', and 'Permitted Recipients' if any

4. Obligations of Confidentiality: Core confidentiality obligations, including non-disclosure and non-use commitments

5. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including legal requirements

6. Information Protection Measures: Specific measures required to protect the confidential information

7. Duration and Survival: Period of confidentiality obligations and which provisions survive termination

8. Return or Destruction of Information: Requirements for handling confidential information upon termination or request

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

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

Optional Sections

1. Third Party Rights: Include when there might be legitimate third parties who need to access the information

2. Special Handling Requirements: Include when the confidential information requires specific security measures or handling protocols

3. Intellectual Property Rights: Include when confidential information includes or relates to intellectual property

4. Data Protection Compliance: Include when confidential information includes personal data subject to GDPR

5. Non-Competition: Include when there's a risk of competitive use of the information

6. Publicity: Include when there's a need to address public statements about the relationship

7. Insurance Requirements: Include when specific insurance coverage is needed for handling the information

Suggested Schedules

1. Schedule 1 - Specified Confidential Information: Detailed list or description of the specific confidential information covered

2. Schedule 2 - Permitted Purpose: Detailed description of the permitted use of the confidential information

3. Schedule 3 - Security Measures: Specific security measures required for protecting the confidential information

4. Appendix A - Information Handling Procedures: Step-by-step procedures for handling, storing, and destroying confidential information

Authors

Alex Denne

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

alex.den.21@genieai.co

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Let's create your Confidentiality Agreement Between Two Individuals

Authors

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