Indemnity Service Agreement Template for Denmark

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Key Requirements PROMPT example:

Indemnity Service Agreement

I need an Indemnity Service Agreement for a software maintenance provider in Denmark, with a liability cap of 5 million DKK and specific provisions for data protection, starting March 1, 2025.

What is a Indemnity Service Agreement?

The Indemnity Service Agreement is designed for business relationships where one party provides services to another while offering specific protections against potential losses or liabilities. This document is particularly crucial in the Danish business context where clear risk allocation is essential for complex service arrangements. It should be used when services involve significant potential risks or liabilities that need to be clearly allocated between parties. The agreement combines standard service terms with comprehensive indemnification provisions, ensuring compliance with Danish law while protecting both service providers and clients. It's especially relevant for high-value services or those operating in regulated industries where risk management is paramount.

What sections should be included in a Indemnity Service Agreement?

1. Parties: Identifies and provides full details of the contracting parties

2. Background: Explains the context and purpose of the agreement

3. Definitions: Defines key terms used throughout the agreement

4. Scope of Services: Details the services to be provided under the agreement

5. Indemnification Obligations: Specifies the scope, extent, and limitations of indemnification

6. Service Standards: Establishes the required quality and performance standards for services

7. Fees and Payment: Details the fee structure, payment terms, and related conditions

8. Term and Termination: Specifies the duration of the agreement and termination provisions

9. Liability and Insurance: Sets out liability limitations and insurance requirements

10. Confidentiality: Establishes obligations regarding confidential information

11. Force Majeure: Addresses circumstances beyond parties' reasonable control

12. Governing Law and Jurisdiction: Specifies Danish law as governing law and jurisdiction

13. General Provisions: Includes standard boilerplate clauses and miscellaneous provisions

What sections are optional to include in a Indemnity Service Agreement?

1. Data Protection: Required when services involve processing of personal data

2. Intellectual Property: Needed when services involve creation or use of intellectual property

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

4. Audit Rights: Important when regular verification of service delivery is required

5. Compliance with Laws: Detailed section needed for heavily regulated industries

6. Subcontracting: Include when service provider may need to engage subcontractors

7. Change Control: Required for long-term agreements where service scope may evolve

8. Exit Assistance: Important for critical services requiring transition support

What schedules should be included in a Indemnity Service Agreement?

1. Schedule 1 - Service Description: Detailed description of services to be provided

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, rates, and payment terms

3. Schedule 3 - Service Levels: Specific performance metrics and measurement criteria

4. Schedule 4 - Insurance Requirements: Detailed insurance coverage requirements

5. Schedule 5 - Data Processing Agreement: Required if personal data processing is involved

6. Appendix A - Contact Details: Key contacts and notice details for both parties

7. Appendix B - Required Documentation: List of documents required for service delivery

8. Appendix C - Reporting Requirements: Templates and schedules for required reports

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 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

Professional Services

Financial Services

Construction

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Manufacturing

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Energy

Consulting

Insurance

Telecommunications

Relevant Teams

Legal

Risk Management

Compliance

Operations

Finance

Commercial

Procurement

Business Development

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Contract Administration

Relevant Roles

Legal Counsel

Contract Manager

Risk Manager

Compliance Officer

Operations Director

Chief Financial Officer

Project Manager

Business Development Manager

Service Delivery Manager

Commercial Director

General Counsel

Insurance Manager

Chief Operating Officer

Procurement Manager

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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