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Contractor Indemnification Agreement
"I need a Contractor Indemnification Agreement under Irish law for a software development contractor who will be working on our core banking platform, with specific focus on cybersecurity risks and data protection obligations."
1. Parties: Identifies and defines the parties to the agreement: the Indemnitor (typically the contractor) and the Indemnitee (typically the company)
2. Background: Sets out the context of the agreement, including the relationship between the parties and the purpose of the indemnification
3. Definitions: Defines key terms used throughout the agreement including 'Claims', 'Losses', 'Indemnified Parties', and 'Services'
4. Scope of Indemnification: Details the specific circumstances, claims, and losses covered by the indemnification obligation
5. Indemnification Process: Outlines the procedure for making indemnification claims, including notice requirements and timing
6. Insurance Requirements: Specifies mandatory insurance coverage the contractor must maintain
7. Limitations and Exclusions: Sets out any limitations on the indemnification obligation and specific exclusions
8. Duration: Specifies how long the indemnification obligations remain in effect
9. Governing Law and Jurisdiction: Confirms Irish law as governing law and specifies jurisdiction for disputes
1. Third Party Claims: Detailed procedures for handling third party claims - include when third party claims are a significant risk
2. Intellectual Property Indemnification: Specific provisions for IP-related claims - include when contractor's services involve IP creation or usage
3. Cross-Indemnification: Mutual indemnification provisions - include when both parties require protection
4. Security Requirements: Additional security measures like bonds or guarantees - include for high-value or high-risk contracts
5. Alternative Dispute Resolution: Mediation or arbitration procedures - include when parties prefer alternative dispute resolution
6. Force Majeure: Provisions for extraordinary events - include when external factors could significantly impact obligations
1. Schedule 1 - Insurance Requirements: Detailed specifications of required insurance policies, coverage amounts, and terms
2. Schedule 2 - Services Description: Detailed description of the contractor's services that are subject to the indemnification
3. Schedule 3 - Claim Notice Form: Template for submitting indemnification claims
4. Appendix A - Excluded Claims: Specific list of claims or circumstances excluded from the indemnification
5. Appendix B - Related Parties: List of additional parties covered by the indemnification (e.g., subsidiaries, affiliates)
Authors
Technology
Construction
Professional Services
Manufacturing
Healthcare
Financial Services
Education
Energy
Telecommunications
Real Estate
Media and Entertainment
Transportation and Logistics
Retail
Consulting
Legal
Procurement
Human Resources
Risk Management
Operations
Finance
Compliance
Vendor Management
Project Management
Facilities Management
Legal Counsel
Procurement Manager
Contract Manager
Risk Manager
Human Resources Director
Operations Manager
Project Manager
Compliance Officer
Chief Financial Officer
General Counsel
Business Development Manager
Vendor Relations Manager
Chief Operating Officer
Facilities Manager
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