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Financial Framework Partnership Agreement
1. Parties: Identification and details of the contracting parties, including registration numbers and authorized representatives
2. Background: Context of the agreement, relationship between parties, and general purpose of the framework partnership
3. Definitions: Detailed definitions of terms used throughout the agreement, including financial and technical terms
4. Scope of Agreement: Overall scope of the partnership framework and types of activities covered
5. Duration and Term: Period of the framework agreement, including commencement date and any renewal provisions
6. Financial Arrangements: General financial terms, payment structures, and financial reporting requirements
7. Governance Structure: Management and oversight of the partnership, including decision-making processes
8. Obligations of the Parties: Core responsibilities and commitments of each party under the framework
9. Compliance Requirements: Regulatory compliance obligations, including Danish and EU financial regulations
10. Risk Management: Framework for identifying, assessing, and managing partnership risks
11. Confidentiality: Protection and handling of confidential information and trade secrets
12. Data Protection: GDPR compliance and data handling procedures
13. Termination: Grounds and procedures for termination of the agreement
14. Governing Law and Jurisdiction: Confirmation of Danish law governance and jurisdiction for disputes
1. Intellectual Property Rights: Required when the partnership involves development of new products, systems, or methodologies
2. Service Levels: Include when specific performance metrics need to be maintained
3. Insurance Requirements: Necessary when specific insurance coverage needs to be maintained by either party
4. Anti-Corruption Provisions: Additional detail needed for international partnerships or high-risk activities
5. Force Majeure: Include for long-term partnerships where external events might impact performance
6. Assignment and Subcontracting: Required when parties need flexibility to transfer rights or engage subcontractors
7. Environmental, Social and Governance (ESG): Include when partners have specific ESG commitments or requirements
1. Schedule 1 - Services Description: Detailed description of services or activities covered under the framework
2. Schedule 2 - Financial Terms: Detailed financial arrangements, including pricing, payment terms, and financial models
3. Schedule 3 - Governance Procedures: Detailed procedures for partnership management and decision-making
4. Schedule 4 - Compliance Framework: Specific compliance requirements and procedures
5. Schedule 5 - Technical Requirements: Technical specifications and requirements for any systems or processes
6. Schedule 6 - Contact Details: Key contacts and escalation procedures
7. Appendix A - Reporting Templates: Standard templates for required reports and notifications
8. Appendix B - Risk Assessment Matrix: Framework for assessing and categorizing partnership risks
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