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Startup Confidentiality Agreement

Startup Confidentiality Agreement Template for Ireland

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Key Requirements PROMPT example:

Startup Confidentiality Agreement

"I need a Startup Confidentiality Agreement for our Irish fintech company to use with potential investors during our Series A funding round planned for March 2025; it must include specific provisions for financial technology and cryptocurrency-related confidential information."

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Document background
This Startup Confidentiality Agreement is essential for Irish startups engaging in business discussions, seeking investment, or exploring strategic partnerships. The agreement is specifically designed to protect confidential information, trade secrets, and intellectual property under Irish law and EU regulations. It should be used whenever a startup needs to share sensitive information with potential investors, partners, service providers, or other third parties. The document includes provisions addressing modern business challenges such as data protection, digital information sharing, and cross-border transfers, while ensuring compliance with Irish legal requirements including the European Union (Protection of Trade Secrets) Regulations 2018 and the Data Protection Act 2018.
Suggested Sections

1. Parties: Identification of the disclosing and receiving parties, including registered addresses and company numbers

2. Background: Context of the agreement and purpose for sharing confidential information

3. Definitions: Detailed definitions including 'Confidential Information', 'Representatives', 'Permitted Purpose', and other key terms

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

5. Confidentiality Obligations: Core obligations regarding non-disclosure, non-use, and protection of confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed and to whom

7. Security Measures: Required security measures for protecting confidential information

8. Return or Destruction of Information: Obligations regarding the return or destruction of confidential information upon request or termination

9. Duration and Survival: Term of the agreement and survival of obligations

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

Optional Sections

1. Data Protection Compliance: Required when confidential information includes personal data subject to GDPR

2. International Transfers: Required when confidential information may be transferred outside Ireland/EEA

3. Intellectual Property Rights: Required when confidential information includes or relates to IP rights

4. Non-Solicitation: Optional protection against solicitation of employees or customers

5. Investment Discussions: Required when agreement relates to potential investment or fundraising

6. Competitive Restrictions: Optional restrictions on competitive activities

7. Publicity: Controls on public announcements or references to the relationship

8. Representative Obligations: Required when representatives or affiliates will have access to information

Suggested Schedules

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

2. Schedule 2 - Authorized Representatives: List of authorized representatives who may access confidential information

3. Schedule 3 - Security Protocols: Detailed security measures and protocols for handling confidential information

4. Schedule 4 - Permitted Purpose Details: Detailed description of the permitted purpose and any limitations

5. Appendix A - Information Return/Destruction Certificate: Template certificate for confirming return or destruction of 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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Confidential Information
Disclosing Party
Receiving Party
Representatives
Permitted Purpose
Affiliate
Trade Secrets
Personal Data
Intellectual Property Rights
Business Day
Confidentiality Period
Authorised Recipients
Group
Material
Professional Advisers
Purpose
Related Persons
Security Requirements
Services
Permitted Disclosures
Investment Discussion
Technical Information
Business Information
Proprietary Information
Data Protection Legislation
Effective Date
Term
Restricted Period
Residual Information
Third Party Information
Competitive Business
Excluded Information
Force Majeure Event
Investment Memorandum
Due Diligence Information
Privileged Information
Commercially Sensitive Information
Agreement
Associated Company
Working Hours
Clauses
Confidentiality Obligations
Non-Disclosure
Permitted Use
Information Protection
Return of Information
Data Protection
Trade Secrets Protection
Intellectual Property
Term and Survival
Permitted Disclosures
Security Measures
Breach Notification
Remedies
Indemnification
Governing Law
Jurisdiction
Assignment
Severability
Entire Agreement
Variation
Third Party Rights
Notice Requirements
Force Majeure
Waiver
Non-Solicitation
Non-Competition
Publicity
Duration
Termination
Representatives' Obligations
Information Marking
Residual Rights
Personal Data Processing
International Transfers
Dispute Resolution
Relevant Industries

Technology

Software Development

Biotechnology

Financial Technology

Healthcare Technology

Clean Technology

E-commerce

Artificial Intelligence

Internet of Things

Digital Media

Cybersecurity

Manufacturing

Professional Services

Research and Development

Telecommunications

Environmental Solutions

Relevant Teams

Legal

Executive Leadership

Human Resources

Information Technology

Research and Development

Business Development

Operations

Finance

Compliance

Information Security

Product Development

Strategy

Relevant Roles

Chief Executive Officer

Chief Technology Officer

Chief Financial Officer

Chief Operating Officer

Founder

Co-Founder

Legal Counsel

Business Development Manager

Investment Manager

Venture Capital Associate

Strategy Director

Operations Manager

Human Resources Director

Research Director

Product Manager

Technical Lead

Information Security Officer

Compliance Officer

Industries
European Union (Protection of Trade Secrets) Regulations 2018 (S.I. No. 188/2018): Implements EU Trade Secrets Directive in Ireland, defining trade secrets and providing legal protection for confidential business information
General Data Protection Regulation (GDPR) and Data Protection Act 2018: Governs the processing and protection of personal data, which may be part of the confidential information being protected
Irish Contract Law (Common Law): Governs contract formation, enforcement, and remedies for breach of confidentiality agreements
Employment Equality Acts 1998-2015: Relevant for confidentiality obligations in the context of employment relationships and non-discrimination
Protected Disclosures Act 2014: Provides protection for whistleblowers and may impact what can be included in confidentiality agreements
Competition Act 2002: Ensures confidentiality agreements don't create unfair restrictions on trade or competition
Patents Act 1992: Relevant for protecting confidential information related to patentable inventions and innovations
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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