Restaurant Partnership Agreement

Restaurant Partnership Agreement Template for Denmark

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Document background

The Restaurant Partnership Agreement is a crucial legal document used when two or more parties wish to establish and operate a restaurant business together in Denmark. It serves as the foundational document defining the rights, responsibilities, and obligations of all partners involved in the restaurant venture. This agreement is particularly important in the Danish context as it must comply with specific local restaurant regulations, food safety standards, and EU directives while addressing the commercial aspects of the partnership. The document typically covers everything from capital contributions and profit sharing to operational standards and compliance requirements, making it essential for both new restaurant ventures and the restructuring of existing operations. It provides legal protection for all parties while ensuring clear guidelines for the restaurant's management and operation under Danish jurisdiction.

Suggested Sections

1. Parties: Identifies the parties entering into the partnership agreement, including full legal names and addresses

2. Background: Explains the context of the agreement and parties' intentions to enter into a restaurant partnership

3. Definitions: Defines key terms used throughout the agreement

4. Partnership Structure: Details the legal structure of the partnership, ownership percentages, and capital contributions

5. Term and Renewal: Specifies the duration of the agreement and conditions for renewal

6. Financial Terms: Outlines profit sharing, loss allocation, accounting practices, and financial reporting requirements

7. Management and Operations: Defines day-to-day management responsibilities, decision-making processes, and operational standards

8. Licensing and Compliance: Addresses required permits, licenses, and compliance with food safety regulations

9. Staff and Employment: Establishes responsibilities for hiring, managing, and training staff

10. Brand and Marketing: Sets standards for branding, marketing activities, and use of intellectual property

11. Insurance and Liability: Specifies required insurance coverage and allocation of liability between partners

12. Termination: Details circumstances and procedures for terminating the partnership

13. Dispute Resolution: Outlines processes for resolving conflicts between partners

14. Governing Law: Specifies that Danish law governs the agreement and jurisdiction for disputes

Optional Sections

1. Non-Compete: Restricts partners from engaging in competing restaurant businesses - include when partners have other restaurant interests

2. Franchise Provisions: Include when the restaurant is part of a franchise system to address franchise-specific requirements

3. Equipment Leasing: Include when specific arrangements exist for leasing restaurant equipment between partners

4. Intellectual Property Rights: Detailed section needed when original recipes, methods, or branding are involved

5. Environmental Compliance: Include detailed environmental obligations when location has specific environmental sensitivities

6. Third-Party Delivery Services: Include when the restaurant plans to work with delivery platforms

7. Force Majeure: Include specific provisions for industry-relevant events like health emergencies or supply chain disruptions

Suggested Schedules

1. Schedule A - Capital Contributions: Detailed list of initial and ongoing capital contributions by each partner

2. Schedule B - Property Details: Description of restaurant premises, lease terms, or property ownership details

3. Schedule C - Equipment Inventory: Comprehensive list of restaurant equipment and ownership/maintenance responsibilities

4. Schedule D - Menu and Pricing: Agreed menu items and pricing structure, subject to periodic review

5. Schedule E - Operating Procedures: Detailed operational guidelines including food safety protocols and service standards

6. Schedule F - Staff Handbook: Employment policies and procedures specific to the restaurant

7. Schedule G - Insurance Requirements: Detailed insurance specifications and coverage requirements

8. Appendix 1 - Required Licenses: Copies of all required permits and licenses

9. Appendix 2 - Financial Projections: Initial business plan and financial forecasts

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