Document background
A Confidentiality Waiver is essential in situations where parties need to be legally released from their confidentiality obligations under Irish law. This document is typically used in scenarios such as business transactions, employment transitions, or corporate restructuring where the original confidentiality restrictions need to be modified or lifted. The waiver must comply with Irish contract law principles and relevant EU regulations, particularly concerning data protection and trade secrets. It should clearly identify the parties, specify the scope of confidential information being released, and outline any continuing obligations. The document is crucial for managing risk and ensuring legal compliance when sharing previously restricted information, while providing clear documentation of the parties' agreement to modify their confidentiality obligations.
