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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
Authors
Applicable Law
Business Day
Commencement Date
Confidential Information
Contract Year
Data Protection Laws
Deliverables
Effective Date
Force Majeure Event
Good Industry Practice
Intellectual Property Rights
Material Breach
Notice
Party/Parties
Personnel
Products
Purchase Order
Representatives
Services
Service Levels
Specifications
Subcontractor
Term
Territory
Working Hours
Affiliate
Change Request
Charges
Customer Materials
Disclosing Party
Documentation
Losses
Payment Terms
Receiving Party
Termination Date
VAT
Working Day
Written/In Writing
Definitions
Interpretation
Term and Duration
Commercial Terms
Payment Terms
Delivery
Performance Obligations
Service Levels
Quality Requirements
Warranties
Representations
Intellectual Property
Confidentiality
Data Protection
Force Majeure
Liability
Indemnification
Insurance
Termination
Change Control
Assignment
Subcontracting
Notices
Dispute Resolution
Governing Law
Jurisdiction
Entire Agreement
Severability
Waiver
Amendments
Third Party Rights
Counterparts
Compliance with Laws
Anti-Corruption
Record Keeping
Audit Rights
Business Continuity
Personnel
Non-Competition
Non-Solicitation
Publicity
Export Control
Environmental Compliance
Health and Safety
Social Responsibility
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