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Consultancy Partnership Agreement Template for Denmark

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Consultancy Partnership Agreement

Document background
The Consultancy Partnership Agreement is a crucial document for professional consultants seeking to formalize their business relationship under Danish law. It is typically used when two or more consultants decide to combine their expertise and resources to create a more substantial professional services entity. The agreement addresses essential aspects of partnership operations, including capital structure, profit sharing, decision-making processes, and client engagement protocols. It ensures compliance with Danish partnership laws, EU regulations, and industry standards while providing flexibility for growth and development. This document is particularly relevant in today's dynamic business environment where collaborative professional service models are increasingly common, and it includes specific provisions for data protection, intellectual property, and professional liability under Danish jurisdiction.
Suggested Sections

1. Parties: Identification and details of all partners entering the consultancy partnership

2. Background: Context of the partnership formation and general business objectives

3. Definitions: Defined terms used throughout the agreement

4. Partnership Structure: Legal form of partnership and ownership structure

5. Capital Contributions: Initial and ongoing capital contributions from partners

6. Profit and Loss Sharing: Distribution of profits and allocation of losses among partners

7. Management and Decision Making: Governance structure, voting rights, and decision-making processes

8. Partners' Duties and Obligations: Core responsibilities and commitments of each partner

9. Client Engagement: Process for accepting and managing client assignments

10. Confidentiality: Protection of partnership and client confidential information

11. Intellectual Property: Ownership and usage rights of IP created during partnership

12. Financial Management: Banking, accounting, and financial reporting requirements

13. Partner Entry and Exit: Procedures for admitting new partners and partner withdrawal

14. Duration and Termination: Term of partnership and conditions for termination

15. Dispute Resolution: Process for resolving conflicts between partners

16. Governing Law: Specification of Danish law as governing law and jurisdiction

Optional Sections

1. Non-Compete and Non-Solicitation: Restrictions on competitive activities and client/employee solicitation, optional based on partner agreement

2. Insurance: Professional liability and other insurance requirements, if specific coverage needs to be mandated

3. Marketing and Branding: Guidelines for partnership branding and marketing activities, if standardization is desired

4. Remote Working: Provisions for remote work arrangements and related protocols, if applicable

5. International Operations: Provisions for cross-border activities and compliance, if partnership operates internationally

6. Data Protection: Detailed GDPR compliance measures, required if handling significant personal data

7. Force Majeure: Provisions for unforeseen circumstances preventing performance, optional but recommended

8. Succession Planning: Procedures for leadership transition and business continuity, relevant for larger partnerships

Suggested Schedules

1. Schedule 1 - Partner Details: Detailed information about each partner including contact details and professional qualifications

2. Schedule 2 - Capital Contributions: Detailed breakdown of initial and committed capital contributions

3. Schedule 3 - Profit Sharing Formula: Detailed calculation method for profit distribution

4. Schedule 4 - Service Areas: Specific consultancy services offered by the partnership

5. Schedule 5 - Fee Structure: Standard fee rates and billing procedures

6. Schedule 6 - Management Procedures: Detailed operational procedures and decision-making processes

7. Schedule 7 - Client Agreement Template: Standard form of client engagement agreement

8. Appendix A - Partnership Policies: Internal policies and procedures including code of conduct

9. Appendix B - Brand Guidelines: Partnership branding and communication standards

Authors

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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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