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Retainer Agreement Template for Denmark

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Key Requirements PROMPT example:

Retainer Agreement

Document background
The Retainer Agreement is designed for use in the Danish market where a continuous professional service relationship needs to be established between a service provider and client. This document type is particularly relevant when regular, ongoing services are required and parties wish to formalize their arrangement with predictable fee structures and service commitments. The agreement complies with Danish contract law requirements and includes essential provisions for GDPR compliance, service delivery standards, and dispute resolution. It is commonly used by professional service firms, consultancies, and advisory businesses operating in Denmark who provide regular services to their clients. The Retainer Agreement includes comprehensive terms covering service scope, payment arrangements, confidentiality, data protection, and termination provisions, making it suitable for long-term professional relationships where consistent service delivery is essential.
Suggested Sections

1. Parties: Identification of the service provider and client, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement and general purpose of the retainer relationship

3. Definitions: Key terms used throughout the agreement

4. Scope of Services: Detailed description of services covered under the retainer arrangement

5. Retainer Fee and Payment Terms: Monthly/periodic retainer amount, payment schedule, and invoicing procedures

6. Service Provider's Obligations: Core responsibilities, service standards, and delivery commitments

7. Client's Obligations: Client responsibilities, including information provision and cooperation requirements

8. Confidentiality: Confidentiality obligations and information handling requirements

9. Data Protection: GDPR compliance and data processing terms

10. Term and Termination: Duration of agreement, renewal terms, and termination provisions

11. Liability and Indemnification: Limitation of liability and indemnification provisions

12. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction for disputes

13. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments

Optional Sections

1. Intellectual Property Rights: Required when services may result in creation of intellectual property

2. Non-Competition: Include when preventing service provider from working with competitors is relevant

3. Insurance: Needed when specific insurance coverage requirements apply to the services

4. Regulatory Compliance: Include when services are subject to specific regulatory requirements

5. Force Majeure: Optional clause for circumstances beyond parties' control

6. Assignment and Subcontracting: Include when need to address potential transfer of rights or use of subcontractors

7. Service Level Agreement: Required when specific performance metrics need to be maintained

Suggested Schedules

1. Schedule 1 - Detailed Service Description: Comprehensive list and description of services covered under the retainer

2. Schedule 2 - Fee Schedule: Detailed breakdown of retainer fees, additional charges, and payment terms

3. Schedule 3 - Key Personnel: List of key team members assigned to provide the services

4. Schedule 4 - Service Level Metrics: Specific performance indicators and service levels if applicable

5. Appendix A - Data Processing Agreement: Detailed GDPR-compliant data processing terms if personal data is processed

6. Appendix B - Contact Information: Key contacts and escalation procedures for both parties

Authors

Relevant legal definitions




























Clauses






























Relevant Industries
Relevant Teams
Relevant Roles
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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