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The Master Agreement is designed to provide a robust legal framework for ongoing business relationships under Danish law, streamlining the process for future transactions while ensuring comprehensive protection for all parties involved. It is particularly suitable for situations where parties anticipate multiple transactions or ongoing services over time, eliminating the need to negotiate basic terms and conditions for each individual transaction. This document incorporates essential Danish legal requirements, including compliance with the Danish Contracts Act, data protection regulations, and commercial practices. The Master Agreement typically includes provisions for ordering procedures, pricing mechanisms, liability allocation, intellectual property rights, and dispute resolution, while maintaining flexibility for specific requirements to be detailed in subsequent order documents or statements of work.

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

2. Background: Context of the agreement and the parties' intentions

3. Definitions and Interpretation: Key terms used throughout the agreement and rules of interpretation

4. Structure and Scope: Framework principles and relationship with future specific agreements/orders

5. Order Process: Procedures for placing and accepting orders under the master agreement

6. Prices and Payment: General pricing principles, payment terms, and invoicing requirements

7. Duration and Termination: Term of the agreement, renewal provisions, and termination rights

8. General Obligations: Core obligations of both parties under the master agreement

9. Compliance and Audit Rights: Regulatory compliance requirements and audit provisions

10. Intellectual Property Rights: Ownership and usage rights of IP in the business relationship

11. Confidentiality: Protection and handling of confidential information

12. Liability and Indemnification: Allocation of risks and responsibilities between parties

13. Force Majeure: Events excusing performance and related procedures

14. Data Protection: GDPR compliance and data handling requirements

15. Governing Law and Jurisdiction: Danish law application and dispute resolution procedures

16. General Provisions: Standard boilerplate clauses including notices, assignment, and amendments