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Intra Group Transfer Agreement

Intra Group Transfer Agreement Template for Ireland

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Key Requirements PROMPT example:

Intra Group Transfer Agreement

"I need an Intra Group Transfer Agreement to facilitate the transfer of our IT development team and associated assets from our Irish subsidiary to our UK parent company, with the transfer to be completed by March 2025, ensuring GDPR compliance and employee rights protection."

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Document background
The Intra Group Transfer Agreement is a crucial document used when companies within the same corporate group need to transfer assets, employees, contracts, or business functions between them. This agreement is particularly important in the Irish business context, where it must comply with both domestic legislation and EU regulations. It's commonly used during corporate restructuring, optimization of group operations, or implementation of new business strategies. The document addresses key aspects such as data protection under GDPR, employment rights under Irish law, tax implications, and corporate governance requirements. It's essential for maintaining legal compliance while ensuring smooth business transitions within corporate groups operating in or from Ireland.
Suggested Sections

1. Parties: Identification of the transferor and transferee group companies

2. Background: Context of the transfer, relationship between group entities, and purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Transfer: Details of what is being transferred (assets, employees, contracts, etc.)

5. Duration and Term: Period of the transfer arrangement and renewal provisions

6. Transfer Process: Step-by-step process for implementing the transfer

7. Data Protection: Provisions ensuring GDPR compliance for data transfers

8. Employee Matters: Terms relating to employee transfers and protection of employment rights

9. Financial Provisions: Payment terms, transfer pricing, and financial arrangements

10. Warranties and Representations: Standard warranties regarding capacity and authority

11. Confidentiality: Protection of confidential information within the group

12. Compliance: Obligations to comply with applicable laws and regulations

13. Termination: Circumstances and process for ending the agreement

14. Governing Law and Jurisdiction: Specification of Irish law and jurisdiction

Optional Sections

1. Intellectual Property Rights: Required when IP assets are part of the transfer

2. Tax Matters: Detailed tax provisions when significant tax implications exist

3. Regulatory Approvals: Required for regulated entities or when regulatory clearance is needed

4. Service Level Agreement: When ongoing services are part of the transfer arrangement

5. Business Continuity: Required for critical business functions or regulated entities

6. Insurance: When specific insurance arrangements need to be addressed

7. Anti-corruption Compliance: For groups operating in high-risk jurisdictions

8. Force Majeure: When needed for long-term or critical transfers

Suggested Schedules

1. Schedule 1 - Transferred Assets: Detailed list of assets being transferred

2. Schedule 2 - Transferred Employees: List of employees and their terms of employment

3. Schedule 3 - Transfer Timeline: Detailed timeline for implementing the transfer

4. Schedule 4 - Financial Terms: Detailed financial arrangements and calculations

5. Schedule 5 - Data Processing Terms: Detailed GDPR-compliant data processing provisions

6. Schedule 6 - Transferred Contracts: List of contracts being transferred or assigned

7. Appendix A - Required Consents: List of required third-party and regulatory consents

8. Appendix B - Transfer Process Procedures: Detailed operational procedures for the transfer

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 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













































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Relevant Industries

Financial Services

Technology

Manufacturing

Professional Services

Healthcare

Retail

Energy

Telecommunications

Real Estate

Transportation and Logistics

Pharmaceutical

Insurance

Banking

Construction

Media and Entertainment

Relevant Teams

Legal

Human Resources

Finance

Compliance

Risk Management

Corporate Secretariat

Operations

Tax

Corporate Development

Business Development

Information Technology

Data Protection

Internal Audit

Treasury

Procurement

Relevant Roles

General Counsel

Legal Director

Corporate Lawyer

Head of Legal

Chief Financial Officer

Financial Controller

HR Director

Head of Human Resources

Compliance Officer

Risk Manager

Company Secretary

Operations Director

Chief Operating Officer

Project Manager

Integration Manager

Tax Director

Head of Corporate Development

Business Development Director

Chief Executive Officer

Managing 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

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