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Corporate Agreement
1. Parties: Identification of the contracting parties, including company registration numbers (CVR numbers) and authorized representatives
2. Background: Context of the agreement and general business purpose
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Agreement: Primary obligations and scope of the business relationship
5. Duration and Termination: Term of the agreement, renewal provisions, and termination rights
6. Financial Terms: Payment terms, pricing, invoicing, and payment methods
7. Representations and Warranties: Standard corporate warranties about authority, capacity, and compliance
8. Confidentiality: Protection of confidential information and trade secrets
9. Intellectual Property Rights: Ownership and usage rights of IP in the business relationship
10. Liability and Indemnification: Allocation of risks and responsibilities between parties
11. Force Majeure: Provisions for unforeseen circumstances affecting performance
12. Data Protection: GDPR compliance and data processing obligations
13. Notices: Communication methods and contact details for formal notices
14. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction
15. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments
1. Competition Compliance: Required when the agreement could have competition law implications
2. Anti-Corruption: Important for international business relationships or public sector involvement
3. Assignment and Subcontracting: Needed when transfer of rights or delegation of duties might be relevant
4. Insurance: Required when specific insurance coverage is necessary for the business relationship
5. Service Levels: Include when the agreement involves ongoing service provision with performance metrics
6. Change Control: Necessary for long-term agreements where scope or terms might need adjustment
7. Staff and Key Personnel: Important when specific individuals are crucial to the agreement
8. Environmental Compliance: Relevant for agreements with environmental impact or ESG considerations
9. Exit Management: Required for complex agreements where termination requires detailed planning
1. Services Description: Detailed description of services or deliverables
2. Pricing Schedule: Detailed pricing structure, rates, and payment terms
3. Service Levels and KPIs: Specific performance metrics and measurement criteria
4. Technical Requirements: Technical specifications or operational requirements
5. Data Processing Agreement: GDPR-compliant data processing terms and details
6. Contact Details: Key contacts and escalation procedures
7. Form of Notice: Template forms for key notices under the agreement
8. Parent Company Guarantee: If required, form of parent company guarantee
9. Compliance Requirements: Detailed compliance obligations and procedures
Authors
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