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Revenue Sharing Contract Template for Denmark

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Key Requirements PROMPT example:

Revenue Sharing Contract

Document background
The Revenue Sharing Contract is essential for businesses looking to establish collaborative arrangements where revenues from specific activities are shared between parties. This document is particularly relevant in the Danish business context, where it must comply with local commercial law, EU regulations, and tax requirements. The contract typically details revenue calculations, payment mechanisms, reporting obligations, and audit rights, making it suitable for various business relationships such as platform-provider arrangements, joint ventures, or distribution partnerships. The Revenue Sharing Contract should be tailored to accommodate specific business needs while ensuring compliance with Danish legal requirements, including the Danish Contracts Act (Aftaleloven) and relevant tax legislation.
Suggested Sections

1. Parties: Identification of the contracting parties, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement, business relationship, and purpose of the revenue sharing arrangement

3. Definitions: Detailed definitions of key terms, especially 'Revenue', 'Gross Revenue', 'Net Revenue', and other financial terms used in the agreement

4. Revenue Sharing Structure: Core terms defining the revenue sharing percentages, calculation basis, and any thresholds or tiers

5. Calculation and Payment Terms: Detailed procedures for calculating shared revenue, payment frequency, currency, and payment methods

6. Reporting Requirements: Specifications for financial reporting, including frequency, format, and required documentation

7. Audit Rights: Procedures and rights for auditing revenue calculations and supporting documentation

8. Confidentiality: Provisions protecting confidential information shared during the course of the agreement

9. Term and Termination: Duration of the agreement and conditions for termination

10. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for dispute resolution

Optional Sections

1. Intellectual Property Rights: Required when the revenue sharing involves licensed IP or joint development of intellectual property

2. Marketing and Promotion: Needed when parties have specific obligations regarding marketing of the revenue-generating activities

3. Exclusivity: Include when parties agree to exclusive revenue sharing arrangements in specific markets or territories

4. Minimum Performance Requirements: Required when setting minimum revenue targets or performance metrics

5. Data Protection: Include when personal data processing is involved in the revenue-generating activities

6. Force Majeure: Optional clause for circumstances preventing revenue generation beyond parties' control

7. Assignment and Subcontracting: Include when parties need flexibility to transfer rights or engage subcontractors

8. Insurance Requirements: Needed when specific insurance coverage is required for the revenue-generating activities

Suggested Schedules

1. Revenue Calculation Methodology: Detailed formula and examples of revenue calculations, including specific inclusions and exclusions

2. Reporting Template: Standard format for regular revenue reports and supporting documentation

3. Product or Service Description: Detailed description of products or services covered by the revenue sharing arrangement

4. Territory Definition: Geographic or market scope of the revenue sharing arrangement

5. Key Performance Indicators: Metrics and targets for measuring performance under the agreement

6. Banking and Payment Details: Specific account and payment processing information for revenue sharing payments

7. Audit Procedures: Detailed procedures and requirements for conducting revenue audits

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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