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Letter Of Intent For Consulting Services Template for Denmark

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Letter Of Intent For Consulting Services

Document background
The Letter of Intent For Consulting Services is commonly used in Danish business practice as a stepping stone toward formal consulting engagements. It serves multiple purposes: documenting preliminary understanding between parties, protecting confidential information during negotiations, and establishing exclusivity periods if desired. This document type is particularly relevant when the proposed consulting engagement is complex, requires significant pre-contract discussion, or involves substantial resource commitment. While governed by Danish law, it maintains international business standards and practices, making it suitable for both domestic and cross-border consulting arrangements. The document typically precedes more detailed negotiations and due diligence, setting clear expectations while maintaining flexibility for the final agreement terms.
Suggested Sections

1. Date and Parties: Identification of all parties involved, including full legal names, registration numbers, and addresses

2. Introduction: Brief statement of intent to enter into consulting arrangement

3. Purpose: Clear statement of the proposed consulting engagement's objectives and scope

4. Proposed Key Terms: High-level outline of main commercial terms including proposed fees, general timeline, and basic service scope

5. Non-Binding Nature: Clear statement that this is a non-binding LOI except for specific binding provisions

6. Confidentiality: Basic confidentiality obligations regarding discussions and shared information

7. Exclusivity Period: Duration during which parties agree to negotiate exclusively with each other

8. Next Steps: Outline of the process toward definitive agreement

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

10. Signatures: Execution block for all parties

Optional Sections

1. Binding Provisions: Section explicitly stating which provisions are binding (typically confidentiality, exclusivity, and governing law) - use when stronger interim protections are needed

2. Cost Allocation: Section addressing who bears costs during the negotiation period - include when significant pre-contract costs are expected

3. Due Diligence: Framework for information sharing and due diligence process - include for complex engagements requiring substantial pre-contract investigation

4. Termination Rights: Conditions under which parties can terminate negotiations - include when negotiation period is expected to be lengthy

5. Public Announcements: Guidelines for any public statements about the potential engagement - include for high-profile or sensitive engagements

Suggested Schedules

1. Proposed Scope of Services: Detailed outline of the consulting services being considered

2. Preliminary Timeline: Proposed schedule for both negotiation period and eventual service delivery

3. Draft Commercial Terms: More detailed breakdown of proposed commercial terms including fee structures

4. Required Resources: Preliminary list of resources, personnel, or access needed from each party

5. Contact Details: List of key contacts and their roles in the negotiation process

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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