Advisory Services Agreement

Advisory Services Agreement Template for Denmark

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Document background

The Advisory Services Agreement is a crucial legal document used when establishing a professional relationship between an advisor or consulting firm and their clients under Danish law. This agreement is essential for any situation where professional advice, consulting services, or expert guidance is being provided on a formal basis. It covers key aspects such as service scope, deliverables, payment terms, and professional obligations while ensuring compliance with Danish legal requirements, including GDPR and business regulations. The document is particularly important in professional services contexts where clear delineation of responsibilities, expectations, and limitations is necessary to protect both parties' interests. The agreement includes specific provisions required under Danish law and business practice, making it suitable for use in both domestic and international advisory relationships where Danish law governs.

Suggested Sections

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

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

3. Definitions: Key terms used throughout the agreement

4. Scope of Services: Detailed description of the advisory services to be provided

5. Advisor's Obligations: Key responsibilities and duties of the advisor, including service standards and delivery timeframes

6. Client's Obligations: Client's responsibilities, including providing necessary information and cooperation

7. Fees and Payment: Fee structure, payment terms, expenses, and invoicing procedures

8. Confidentiality: Obligations regarding confidential information and trade secrets

9. Data Protection: GDPR compliance and data processing obligations

10. Intellectual Property: Ownership and usage rights of materials and deliverables

11. Liability and Indemnification: Limitations of liability, professional indemnity, and insurance requirements

12. Term and Termination: Duration of agreement and termination provisions

13. Governing Law and Jurisdiction: Danish law application and dispute resolution procedures

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

Optional Sections

1. Non-Competition: Restrictions on advisor's ability to work with competing clients - used when services involve sensitive competitive information

2. Service Levels: Specific performance metrics and standards - used for ongoing advisory services with measurable deliverables

3. Force Majeure: Provisions for unforeseen circumstances - particularly relevant post-COVID or for long-term agreements

4. Assignment and Subcontracting: Rights to transfer obligations or use subcontractors - relevant for larger advisory firms

5. Compliance with Laws: Specific regulatory compliance obligations - necessary for regulated industries or specific advisory services

6. Insurance: Detailed insurance requirements - important for high-risk or regulated advisory services

7. Anti-Corruption: Anti-bribery and corruption provisions - particularly relevant for international services or public sector clients

Suggested Schedules

1. Schedule 1 - Services Description: Detailed specification of advisory services, methodologies, and deliverables

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, rates, and payment terms

3. Schedule 3 - Key Personnel: List of key advisor personnel assigned to provide the services

4. Schedule 4 - Service Levels: Detailed performance metrics and measurement criteria

5. Schedule 5 - Data Processing Agreement: GDPR-compliant data processing terms and details

6. Appendix A - Report Templates: Standard formats for reports and deliverables

7. Appendix B - Client Policies: Relevant client policies the advisor must comply with

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Advisory Services Agreement Template for Denmark

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