From our side we go back to TOGA and leave the SRS take care of the speed. Fly the EFP if it is feasible, meaning that if the SID goes on the opposite direction of the EFP, don't hit anything in trying to rejoin the EFP. Start the ECAM actions till engine secure which is going to be way above the EO ACC ALT anyway since the engine failure occurred during the flaps retraction. The Max ENG OUT ACC ALT for the 10 minutes of take off thrust is not applicable anymore as CLB thrust was already selected before, therefore the 10 minutes are starting again from the new application of TOGA.