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Business Development Contract
1. Parties: Identification and details of the contracting parties, including registration numbers and authorized representatives
2. Background: Context of the business development arrangement and the parties' intentions
3. Definitions: Defined terms used throughout the agreement
4. Scope of Services: Detailed description of the business development services to be provided
5. Project Timeline and Milestones: Key dates, deliverables, and development phases
6. Payment Terms: Fees, payment schedule, expenses, and invoicing procedures
7. Obligations of Service Provider: Specific responsibilities and commitments of the service provider
8. Client Obligations: Responsibilities and commitments of the client, including provision of necessary information and resources
9. Intellectual Property Rights: Ownership and licensing of existing and newly developed IP
10. Confidentiality: Protection of confidential information and trade secrets
11. Warranties and Representations: Guarantees provided by both parties regarding their capacity and service quality
12. Liability and Indemnification: Limitation of liability and indemnification obligations
13. Term and Termination: Duration of the agreement and termination provisions
14. Force Majeure: Provisions for unforeseen circumstances preventing performance
15. Governing Law and Jurisdiction: Applicable law (Danish) and dispute resolution procedures
16. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Personnel and Resources: Used when specific team members or resources are critical to the project, detailing key personnel requirements and replacement procedures
2. Data Protection: Required when personal data processing is involved, ensuring GDPR compliance
3. Non-Competition: Include when there's a need to restrict competitive activities during and after the contract
4. International Operations: Necessary for projects involving cross-border activities or multiple jurisdictions
5. Service Levels: Include when specific performance metrics and standards need to be maintained
6. Change Management: Used for long-term projects where scope changes are likely
7. Insurance Requirements: Include when specific insurance coverage needs to be maintained by either party
8. Compliance with Industry Standards: Required when specific industry regulations or standards must be followed
1. Schedule A - Service Specifications: Detailed technical specifications of the business development services
2. Schedule B - Project Timeline: Detailed project plan with specific milestones and deadlines
3. Schedule C - Fee Schedule: Detailed breakdown of fees, payment terms, and pricing structure
4. Schedule D - Key Personnel: List of key team members and their roles
5. Schedule E - Service Level Agreement: Specific performance metrics and service levels if applicable
6. Schedule F - Data Processing Agreement: GDPR-compliant data processing terms if personal data is processed
7. Schedule G - Acceptance Criteria: Criteria for accepting deliverables and milestones
8. Appendix 1 - Contact Information: Contact details for key representatives from both parties
9. Appendix 2 - Technical Requirements: Specific technical requirements or standards to be met
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