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Conflict Of Interest Waiver Template for Denmark

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Key Requirements PROMPT example:

Conflict Of Interest Waiver

Document background
The Conflict of Interest Waiver is essential in Danish business practice where individuals or entities may have competing interests or duties that need to be formally addressed. This document is typically used when board members, directors, or key employees serve multiple organizations, when professional advisors represent multiple clients in related matters, or in investment scenarios where fund managers oversee multiple portfolios. The waiver must comply with Danish law, particularly the Danish Companies Act (Selskabsloven) and corporate governance regulations. It includes comprehensive conflict disclosures, informed consent provisions, and specific acknowledgments required under Danish law. The document is particularly important in ensuring transparency and protecting all parties' interests while maintaining compliance with Danish corporate governance requirements.
Suggested Sections

1. Parties: Identification of all parties involved in the conflict of interest situation, including their roles and capacities

2. Background: Context of the relationship between the parties and the circumstances giving rise to the potential conflict of interest

3. Definitions: Key terms used in the waiver, including specific definition of the conflict of interest being addressed

4. Nature of Conflict: Detailed description of the actual or potential conflict of interest, including all material facts and circumstances

5. Disclosure: Full disclosure of all material information relating to the conflict, ensuring informed consent

6. Acknowledgment: Confirmation that the waiving party understands the nature and implications of the conflict

7. Waiver: Express waiver of the conflict of interest and any related claims

8. Duration: Period for which the waiver remains effective

9. Governing Law: Confirmation of Danish law as the governing law and jurisdiction

10. Signatures: Execution block for all parties involved

Optional Sections

1. Consideration: Include when there is specific consideration being provided in exchange for the waiver

2. Revocation Rights: Include when the waiving party retains the right to revoke the waiver under specific circumstances

3. Reporting Obligations: Include when ongoing reporting or disclosure requirements exist regarding the conflict

4. Third Party Rights: Include when the waiver affects or requires consent from third parties

5. Severability: Include when certain provisions may be particularly susceptible to legal challenge

6. Regulatory Compliance: Include when specific regulatory requirements apply (e.g., for financial institutions or listed companies)

Suggested Schedules

1. Schedule A - Detailed Description of Conflict: Comprehensive description of the conflict situation, including diagrams or charts if applicable

2. Schedule B - Related Party Transactions: List and details of any related party transactions involved in the conflict

3. Schedule C - Supporting Documentation: Copies of relevant board resolutions, powers of attorney, or other supporting documents

4. Schedule D - Disclosure Materials: Copies of all material information provided to the waiving party regarding the conflict

Authors

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Relevant Industries
Relevant Teams
Relevant Roles
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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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