The Consulting Agreement Between Two Companies is a crucial legal document used when one company wishes to engage another company's professional services in Denmark. This agreement is essential for protecting both parties' interests while ensuring compliance with Danish business law, tax regulations, and EU requirements including GDPR. It's particularly important for structuring complex business relationships where one company provides specialized expertise, strategic advice, or professional services to another. The document typically includes detailed provisions about service scope, deliverables, payment terms, intellectual property rights, and confidentiality obligations, all framed within Danish legal requirements. It's designed to prevent misunderstandings and provide clear recourse in case of disputes, while maintaining flexibility for various consulting arrangements across different industries.
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Key Requirements PROMPT example:
Consulting Agreement Between Two Companies
I need a Consulting Agreement Between Two Companies under Danish law for our IT consulting firm to provide cybersecurity services to a financial institution, with strict data protection provisions and service level requirements starting March 2025.
1. Parties: Identification of the consulting company and the client company, including business registration numbers (CVR numbers) and registered addresses
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of the consulting services to be provided
5. Term and Termination: Duration of the agreement and conditions for termination
6. Fees and Payment Terms: Consulting fees, payment schedule, expenses, and invoicing procedures
7. Obligations of the Consultant: Responsibilities and commitments of the consulting company
8. Obligations of the Client: Responsibilities and commitments of the client company
9. Intellectual Property Rights: Ownership and usage rights of work products and pre-existing IP
10. Confidentiality: Protection of confidential information and trade secrets
11. Data Protection: GDPR compliance and data handling procedures
12. Liability and Indemnification: Limitation of liability and indemnification obligations
13. Force Majeure: Provisions for unforeseen circumstances and their handling
14. Governing Law and Jurisdiction: Specification of Danish law and jurisdiction for dispute resolution
15. Entire Agreement: Integration clause and relationship to other agreements
1. Non-Competition: Restrictions on competitive activities, used when the consultant may have access to sensitive market information
2. Non-Solicitation: Restrictions on hiring each other's employees, used when there is significant interaction with staff
3. Insurance: Insurance requirements, used for high-risk or regulated services
4. Service Levels: Specific performance metrics and standards, used for ongoing or technical services
5. Compliance with Laws: Specific regulatory compliance obligations, used in regulated industries
6. Subcontracting: Terms for engaging subcontractors, used when subcontracting is anticipated
7. Assignment: Rights to transfer the agreement, used when future corporate changes are anticipated
8. Audit Rights: Client's right to audit consultant's work, used for regulated services or complex projects
1. Schedule A - Service Description: Detailed specification of consulting services, methodologies, and deliverables
2. Schedule B - Fee Schedule: Detailed breakdown of fees, rates, and payment milestones
3. Schedule C - Key Personnel: List of key consultants and their roles/qualifications
4. Schedule D - Service Levels: Detailed performance metrics and measurement criteria
5. Schedule E - Data Processing Agreement: GDPR-compliant data processing terms and procedures
6. Appendix 1 - Contact Information: Key contacts and escalation procedures for both parties
7. Appendix 2 - Project Timeline: Detailed project schedule and milestones
8. Appendix 3 - Compliance Requirements: Specific regulatory or industry compliance requirements
Authors
Relevant legal definitions
Clauses
Relevant Industries
Information Technology
Management Consulting
Financial Services
Healthcare
Engineering
Business Services
Education
Manufacturing
Energy
Environmental Services
Legal Services
Marketing and Advertising
Research and Development
Telecommunications
Construction
Relevant Teams
Legal
Procurement
Finance
Operations
Business Development
Compliance
Risk Management
Project Management
Commercial
Contract Administration
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Procurement Manager
Contract Manager
Business Development Director
Project Manager
Operations Director
Consulting Director
Managing Partner
Commercial Director
Risk Manager
Compliance Officer
Finance Director
Head of Legal
Business Unit Director
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