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Price Agreement Template for Denmark

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Key Requirements PROMPT example:

Price Agreement

Document background
The Price Agreement is a crucial commercial document used to formalize pricing arrangements between business parties operating under Danish law. It is particularly valuable in ongoing business relationships where regular supply of goods or services occurs, establishing clear mechanisms for pricing, price adjustments, and payment terms. This document type is essential when parties need to establish long-term pricing structures while ensuring compliance with Danish and EU competition laws. The Price Agreement typically includes detailed schedules for specific pricing information, volume tiers, and calculation methodologies, making it suitable for complex commercial relationships where pricing clarity and certainty are paramount. It's designed to be flexible enough to accommodate various business models while providing adequate protection for both parties under Danish jurisdiction.
Suggested Sections

1. Parties: Identification and details of the contracting parties

2. Background: Context of the agreement and commercial relationship between the parties

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Agreement: Overview of what products/services are covered by the pricing agreement

5. Pricing Structure: Core pricing terms, including base prices, adjustment mechanisms, and payment terms

6. Price Adjustment Mechanism: Process and conditions for price changes, including notice periods and negotiation procedures

7. Invoicing and Payment: Details of invoicing process, payment terms, and payment methods

8. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

9. Confidentiality: Obligations regarding confidential information, including pricing details

10. Force Majeure: Provisions for circumstances beyond parties' control affecting price or performance

11. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes

12. General Provisions: Standard legal provisions including entire agreement, amendments, and notices

Optional Sections

1. Volume Commitments: Include when there are minimum purchase obligations or tiered pricing based on volume

2. Exclusivity: Include when one party is granted exclusive rights or pricing

3. Marketing and Promotion: Include when there are specific requirements about how prices can be advertised or promoted

4. Audit Rights: Include when parties need rights to verify pricing calculations or volume data

5. Competition Compliance: Include when there are specific competition law considerations or compliance requirements

6. Currency and Exchange Rates: Include for international agreements where currency conversion is relevant

7. Price Matching: Include when there are competitive price matching obligations

8. Service Levels: Include when pricing is linked to service performance metrics

Suggested Schedules

1. Price List: Detailed listing of all prices for products/services covered by the agreement

2. Price Calculation Methodology: Detailed explanation of how prices are calculated, including any formulas or variables

3. Product/Service Specifications: Detailed description of products/services covered by the pricing agreement

4. Volume Tiers and Discounts: Details of volume-based pricing tiers and associated discounts

5. Price Adjustment Examples: Examples showing how price adjustments would work in practice

6. Key Performance Indicators: Metrics used to measure performance if linked to pricing

7. Form of Price Change Notice: Template for formal price change notifications

8. Contact Details: List of key contacts for pricing discussions and notifications

Authors

Relevant legal definitions















































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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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