Product Development Agreement Template for Denmark

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Product Development Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Product Development Agreement

I need a Product Development Agreement for a Danish software company developing a fintech application for my German bank, with development starting March 2025 and including robust data protection clauses and clear IP ownership provisions.

What is a Product Development Agreement?

The Product Development Agreement is essential when engaging in product development projects under Danish jurisdiction. It is commonly used when one party (the developer) agrees to develop a specific product or technology for another party (the client). The agreement covers crucial aspects such as project scope, technical specifications, development methodology, acceptance criteria, and intellectual property rights allocation. It ensures compliance with Danish contract law, intellectual property legislation, and industry-specific regulations while providing a clear framework for project execution, risk allocation, and dispute resolution. This document is particularly important in technology-driven sectors where clear delineation of rights and responsibilities is crucial for successful product development.

What sections should be included in a Product Development Agreement?

1. Parties: Identification and details of the contracting parties

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

3. Definitions: Defined terms used throughout the agreement

4. Scope of Development: Detailed description of the product to be developed and project scope

5. Development Process: Steps, methodology, and timeline for the development process

6. Deliverables: Specific items to be delivered, including acceptance criteria

7. Project Management: Governance structure, reporting requirements, and change management procedures

8. Payment Terms: Pricing, payment schedule, and invoicing requirements

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

10. Confidentiality: Protection of confidential information and trade secrets

11. Warranties: Warranties regarding the development work and deliverables

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

13. Term and Termination: Duration of agreement and termination rights

14. Force Majeure: Provisions for unforeseen circumstances affecting performance

15. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and notices

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

1. Regulatory Compliance: Include when product must meet specific regulatory requirements

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

3. Security Requirements: Include for products involving sensitive data or security features

4. Training and Documentation: Include when knowledge transfer or specific documentation is required

5. Post-Development Support: Include when ongoing maintenance or support is part of the arrangement

6. Quality Assurance: Include when specific quality standards or certifications are required

7. Insurance Requirements: Include when specific insurance coverage is necessary

8. Data Processing: Include when personal data processing is involved

9. Export Control: Include when product may be subject to export control regulations

What schedules should be included in a Product Development Agreement?

1. Technical Specifications: Detailed technical requirements and specifications for the product

2. Project Plan: Detailed timeline, milestones, and resource allocation

3. Acceptance Test Criteria: Specific criteria and procedures for accepting deliverables

4. Price List and Payment Schedule: Detailed breakdown of costs and payment milestones

5. Service Levels: Performance metrics and service level requirements

6. Personnel: Key personnel and their roles in the project

7. Background IP: List of pre-existing intellectual property rights

8. Third-Party Licenses: Details of third-party components and associated licenses

9. Change Request Template: Standard form for requesting and documenting changes

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
Clauses
Relevant Industries

Technology

Manufacturing

Software Development

Consumer Electronics

Medical Devices

Industrial Equipment

Automotive

Renewable Energy

Telecommunications

Biotechnology

IoT and Smart Devices

Clean Technology

Aerospace

Healthcare Technology

Relevant Teams

Legal

Research and Development

Product Development

Engineering

Procurement

Quality Assurance

Project Management

Business Development

Technical Operations

Innovation

Contracts Administration

Intellectual Property

Relevant Roles

Chief Technology Officer

Product Manager

Legal Counsel

Contract Manager

Project Manager

Research and Development Director

Innovation Manager

Technical Director

Procurement Manager

Business Development Manager

Chief Legal Officer

Head of Engineering

Development Director

Intellectual Property Manager

Quality Assurance Manager

Industries
Danish Contracts Act (Aftaleloven): Fundamental law governing contract formation, validity, and enforcement in Denmark. Essential for establishing the basic framework of the agreement.
Danish Patents Act (Patentloven): Governs patent rights and protection, crucial for determining ownership and protection of any patentable innovations developed during the project.
Danish Copyright Act (Ophavsretsloven): Regulates copyright protection, important for software, designs, and other creative elements developed during the product development.
Danish Design Protection Act (Designloven): Provides protection for industrial designs, relevant if the product development includes design elements.
Danish Product Liability Act (Produktansvarsloven): Establishes liability framework for defective products, essential for defining responsibilities and warranties.
Danish Marketing Practices Act (Markedsføringsloven): Regulates fair business practices and protection of trade secrets, relevant for confidentiality provisions.
Danish Competition Act (Konkurrenceloven): Ensures the agreement doesn't contain anti-competitive provisions that could violate Danish competition law.
Danish GDPR Implementation Act (Databeskyttelsesloven): Implements GDPR in Denmark, crucial if the product development involves processing of personal data.
Danish Sale of Goods Act (Købeloven): May be relevant for aspects related to delivery, testing, and acceptance of the developed product.
Danish Act on Trade Secrets (Lov om forretningshemmeligheder): Protects confidential business information and know-how exchanged during the development process.
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

Find the exact document you need

Product Development Contract

Danish-law governed agreement for product development collaboration, outlining development process, deliverables, and IP rights.

find out more

Business Development Contract

A Danish law-governed contract for business development services, outlining service scope, deliverables, and commercial terms.

find out more

Web Developer Contract

Danish law-governed contract template for web development services, covering project scope, deliverables, and legal compliance requirements.

find out more

NDA For Software Development

Danish-law compliant NDA for protecting confidential information and IP in software development projects.

find out more

Developer's Agreement

Danish law-governed agreement for software development services, establishing terms between developers and clients.

find out more

Developer Services Agreement

Danish law-governed agreement for software development services, defining terms between developers and clients.

find out more

Software Developer Agreement

Danish law-governed employment agreement for software developers, covering employment terms, IP rights, and development requirements.

find out more

Web Developer Maintenance Contract

Danish-law governed agreement for website maintenance services, defining maintenance scope, service levels, and compliance requirements.

find out more

Enterprise Development Agreement

Danish-law governed agreement for enterprise-level software development projects, outlining development terms, deliverables, and compliance requirements.

find out more

Master Development Agreement

A Danish law-governed framework agreement establishing terms for ongoing software development services between a provider and client.

find out more

Freelance Developer Contract

Danish law-governed contract for engaging freelance software developers, establishing terms for services, IP rights, and compliance requirements.

find out more

Development Rights Agreement

A Danish law-governed agreement establishing development rights and obligations for property development projects.

find out more

Mutual Development Agreement

Danish law-governed agreement for collaborative development projects, establishing framework for joint development activities and IP rights.

find out more

Area Development Agreement

A Danish law-governed agreement establishing the framework for area development projects, defining rights and obligations between developers and authorities.

find out more

NDA For App Development

Danish law-governed NDA specifically designed for protecting confidential information in app development projects.

find out more

Site Development Agreement

A Danish law agreement governing property development projects, outlining parties' rights and obligations while ensuring compliance with local regulations and standards.

find out more

Forward Funding Agreement

A Danish law-governed agreement establishing terms for property development funding, construction obligations, and eventual property transfer from developer to funder.

find out more

Co Development Agreement

Danish law-governed agreement for collaborative development projects, establishing rights and obligations between parties undertaking joint development initiatives.

find out more

Incentive Agreement

A Danish law agreement establishing terms for employee incentive programs, including performance conditions, vesting, and payment terms.

find out more

Product Development Agreement

Danish law-governed agreement detailing terms and conditions for product development, including development process, IP rights, and deliverables.

find out more

App Development Contract

Danish law-governed contract for app development services, outlining development terms, deliverables, and legal obligations between developer and client.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.