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Operating Contract
1. Parties: Identification and details of the contracting parties, including registration numbers and authorized representatives
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Definitions of key terms used throughout the contract
4. Scope of Operations: Detailed description of the operational activities covered by the contract
5. Term and Termination: Duration of the agreement, renewal terms, and termination provisions
6. Performance Standards: Required service levels, quality standards, and performance metrics
7. Operating Procedures: Day-to-day operational procedures and requirements
8. Personnel Requirements: Staffing requirements, qualifications, and responsibilities
9. Compliance Requirements: Regulatory compliance obligations and standards
10. Risk Allocation and Insurance: Distribution of risks and required insurance coverage
11. Payment Terms: Compensation, payment schedule, and financial arrangements
12. Reporting and Oversight: Required reports, monitoring, and supervision arrangements
13. Confidentiality: Protection of confidential information and trade secrets
14. Force Majeure: Provisions for unforeseen circumstances and force majeure events
15. Governing Law and Jurisdiction: Specification of Danish law application and jurisdiction
16. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Environmental Compliance: Required when operations have environmental impact - details specific environmental obligations and standards
2. IT and Data Processing: Required when operations involve significant IT systems or data processing - includes GDPR compliance
3. Intellectual Property Rights: Required when operations involve creation or use of intellectual property
4. Equipment and Assets: Required when specific equipment or assets are provided or maintained as part of operations
5. Subcontracting: Required when subcontracting is permitted - includes conditions and approval processes
6. Health and Safety: Required for operations involving physical work or site presence - details specific safety requirements
7. Training Requirements: Required when specific training or certifications are needed for operations
8. Business Continuity: Required for critical operations - includes disaster recovery and business continuity requirements
1. Schedule 1 - Service Level Agreement: Detailed performance metrics, KPIs, and service level requirements
2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, costs, and payment terms
3. Schedule 3 - Operating Procedures Manual: Detailed operational procedures and processes
4. Schedule 4 - Personnel Requirements: Specific staffing requirements, qualifications, and training needs
5. Schedule 5 - Equipment and Assets: List and specifications of equipment and assets involved in operations
6. Schedule 6 - Compliance Requirements: Detailed regulatory and compliance requirements
7. Schedule 7 - Reporting Templates: Standard formats for required operational reports
8. Appendix A - Contact Details: Key contact information for all parties
9. Appendix B - Insurance Requirements: Detailed insurance coverage requirements and limits
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