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Commercial Agreement
1. Parties: Identification of contracting parties with full legal names, registration numbers, and addresses
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Agreement: Clear description of the subject matter and scope of the commercial relationship
5. Duration and Termination: Term of the agreement, renewal provisions, and termination rights
6. Commercial Terms: Core commercial obligations including pricing, payment terms, and delivery conditions
7. Obligations of the Parties: Detailed responsibilities and obligations of each party
8. Representations and Warranties: Standard commercial warranties and representations by both parties
9. Liability and Indemnification: Limitations of liability and indemnification obligations
10. Confidentiality: Protection of confidential information exchanged during the business relationship
11. Force Majeure: Provisions for unforeseen circumstances preventing performance
12. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction for disputes
13. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments
1. Intellectual Property Rights: Required when the agreement involves IP creation, licensing, or transfer
2. Data Protection: Necessary when personal data processing is involved, ensuring GDPR compliance
3. Non-Competition: Used when parties need to restrict competitive activities
4. Insurance: Required when specific insurance coverage needs to be maintained
5. Audit Rights: Important for agreements where financial or performance verification is needed
6. Service Levels: Necessary for service-based agreements requiring performance metrics
7. Change Control: Used in complex agreements where formal processes for changes are needed
8. Step-In Rights: Required in critical service agreements where continuity is essential
9. Environmental Compliance: Necessary for agreements involving environmental impacts or risks
10. Anti-Corruption: Important for international commerce or high-value transactions
1. Commercial Terms Schedule: Detailed pricing, payment terms, and commercial conditions
2. Service Description: Detailed description of services or products covered by the agreement
3. Service Levels and KPIs: Specific performance metrics and measurement criteria
4. Technical Specifications: Detailed technical requirements or specifications
5. Contact Details: Key contact persons and escalation matrix
6. Data Processing Agreement: GDPR-compliant data processing terms if personal data is processed
7. Insurance Requirements: Detailed insurance coverage requirements and limits
8. Form of Performance Report: Template for regular performance reporting
9. Change Request Form: Standard form for requesting and documenting changes
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