Document background
The Master Framework Agreement is designed for situations where parties anticipate an ongoing business relationship with multiple transactions or service engagements over time. It is particularly useful in commercial contexts where parties need a stable, predictable legal framework for future dealings while maintaining flexibility for specific arrangements. This agreement type, governed by Danish law, typically includes provisions for ordering processes, general terms and conditions, pricing mechanisms, and risk allocation. The Master Framework Agreement streamlines future transactions by avoiding the need to negotiate basic terms repeatedly, while ensuring compliance with Danish commercial law requirements and business practices. It serves as the primary reference point for all subsequent agreements, purchase orders, or statements of work between the parties.
