Management Equity Ratchet Terms

A template clause for inclusion in investment documents to financially incentivise management teams to meet targets which are linked to climate change and environmental issues.

Green execution protocols which parties can adopt at the start of a transaction to minimise the carbon footprint of deal execution.

Drafting for leasehold agreements that impose obligations on buyers and tenants to use the property in an environmentally conscious way.

Clauses for Irish commercial leases promoting co-operation between landlords and tenants in relation to the environmental performance of buildings, data sharing and metering energy use.

A clause for insurance policies covering dispute costs and expenses (such as After The Event (ATE) Insurance policies) that requires the insured to conduct disputes in an environmentally friendly way.

Amendments and additions to the Institutional Limited Partners Association (ILPA) standard form Limited Partnership Agreement allowing environment, social and governance (ESG) issues to be investigated, raised and incorporated in investment and pricing decisions.

The Environmental Business Charter – a “soft touch” introduction to how environmental concerns can be integrated into the corporate and legal services environment.

This clause repurposes employee leave periods as opportunities to volunteer with environmental organisations by integrating climate-conscious employer-employee obligations into employment contracts.

A clause in employment contracts that empowers employees to participate and actively engage in the climate ambitions and net zero targets of their employer.

‘Coolerplate’ generic clauses for every contract: embedding climate issues and net zero targets in the entire contract so that these flow into contract management and the commercial lifecycle.

Insert a clause into landscape architect appointments and/ or building contracts requiring the appointee to utilise the available open space in an environmentally efficient manner.

A clause designed to increase communication between insurers and insureds, put the topic of climate change on the agenda and promote sustainable practices in line with a net zero future.