¶¶Òõ¶ÌÊÓƵ

The Franchise Letter of Intent is a crucial preliminary document used in the early stages of franchise negotiations in Denmark. It serves as a roadmap for the potential franchise relationship, documenting both parties' serious intentions while protecting their interests during the negotiation phase. The document typically includes proposed commercial terms, confidentiality provisions, exclusivity periods, and due diligence requirements, all structured in accordance with Danish law and EU regulations. While most provisions are non-binding, certain elements like confidentiality and exclusivity are typically enforceable. This document is particularly important in the Danish business context, where clear documentation of commercial intentions and protection of business information is highly valued. It helps establish clear expectations and timelines while providing a framework for moving toward a definitive franchise agreement.

1. Date and Parties: Opening letter format identifying both parties with full legal names and addresses

2. Introduction: Brief statement of purpose indicating the parties' interest in exploring a franchise relationship

3. Business Concept: Overview of the franchise business and brand being considered

4. Proposed Terms: Key commercial terms including territory, fees, and general business framework

5. Due Diligence Process: Outline of the evaluation period and information exchange process

6. Confidentiality: Binding provisions regarding the protection of confidential information exchanged

7. Non-Binding Nature: Clear statement that the LOI is non-binding except for specified sections

8. Timeline: Proposed schedule for negotiations and completion of definitive agreements

9. Exclusivity: Terms of exclusive negotiations during the LOI period

10. Governing Law: Specification of Danish law as governing law

11. Signature Block: Space for signatures of authorized representatives of both parties