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Master Development Agreement Template for Denmark

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Key Requirements PROMPT example:

Master Development Agreement

I need a Master Development Agreement for our fintech startup to engage a Danish software development company for ongoing development of our banking platform, with special attention to financial services regulations and data protection requirements, planned to commence in March 2025.

What is a Master Development Agreement?

The Master Development Agreement is designed for situations where a company requires ongoing software development services from a provider under Danish jurisdiction. This agreement type is particularly useful when multiple development projects are anticipated over time, as it establishes a standardized framework for project execution, governance, and risk allocation. The document incorporates key Danish legal requirements and EU regulations, particularly regarding data protection and intellectual property rights. It typically includes provisions for project methodology, acceptance testing, change management, and dispute resolution, while allowing flexibility for project-specific details to be captured in subsequent statements of work. The Master Development Agreement is essential for companies seeking to establish a long-term development relationship while ensuring legal compliance and protecting both parties' interests under Danish law.

What sections should be included in a Master Development Agreement?

1. Parties: Identification and details of the contracting parties

2. Background: Context of the agreement and high-level business objectives

3. Definitions: Defined terms used throughout the agreement

4. Scope of Services: Overall scope of development services and general methodology

5. Project Governance: Management structure, steering committee, and decision-making processes

6. Development Process: Development methodology, phases, and delivery procedures

7. Acceptance Testing: Testing procedures, acceptance criteria, and remediation processes

8. Change Control: Procedures for requesting and implementing changes to scope or specifications

9. Intellectual Property Rights: Ownership and licensing of pre-existing and newly developed IP

10. Confidentiality: Protection of confidential information and trade secrets

11. Data Protection: GDPR compliance and data processing obligations

12. Warranties: Warranties regarding services, deliverables, and compliance with specifications

13. Liability and Indemnification: Limitation of liability and indemnification obligations

14. Fees and Payment: Payment terms, rates, and invoicing procedures

15. Term and Termination: Duration, renewal, and termination provisions

16. General Provisions: Standard legal provisions including governing law, notices, and assignment

What sections are optional to include in a Master Development Agreement?

1. Source Code Escrow: Include when source code needs to be held in escrow for security

2. Third-Party Components: Include when third-party software or components will be incorporated

3. Security Requirements: Include for projects with specific security compliance needs

4. Service Levels: Include when specific performance metrics need to be maintained

5. Hardware Requirements: Include when development includes hardware components or specific infrastructure

6. Training and Knowledge Transfer: Include when customer requires training or knowledge transfer services

7. Maintenance and Support: Include when post-development support is part of the agreement

8. Business Continuity: Include for mission-critical development projects

9. Staff Vetting: Include when development involves access to sensitive information

What schedules should be included in a Master Development Agreement?

1. Statement of Work: Detailed description of development services and deliverables

2. Technical Specifications: Detailed technical requirements and specifications

3. Service Levels and KPIs: Performance metrics and measurement criteria

4. Rate Card: Agreed rates for different types of resources and services

5. Project Plan: Timeline, milestones, and delivery schedule

6. Testing Procedures: Detailed testing methodology and acceptance criteria

7. Security Requirements: Specific security standards and compliance requirements

8. Personnel: Key personnel and their roles/responsibilities

9. Approved Subcontractors: List of approved subcontractors and their roles

10. Data Processing Agreement: GDPR-compliant data processing terms and details

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions









































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Relevant Industries

Information Technology

Financial Services

Healthcare

Manufacturing

Retail

Telecommunications

Public Sector

Energy

Transportation

E-commerce

Education

Professional Services

Media and Entertainment

Insurance

Relevant Teams

Legal

Information Technology

Procurement

Software Development

Project Management

Business Development

Operations

Risk Management

Compliance

Commercial

Engineering

Solutions Architecture

Vendor Management

Relevant Roles

Chief Technology Officer

Legal Counsel

IT Director

Project Manager

Software Development Manager

Procurement Manager

Contract Manager

Business Development Director

Chief Information Officer

Head of Engineering

Technical Program Manager

Commercial Director

Chief Legal Officer

Head of IT

Solutions Architect

Vendor Manager

Operations Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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