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Consultancy Partnership Agreement
1. Parties: Identification and details of all partners entering the consultancy partnership
2. Background: Context of the partnership formation and general business objectives
3. Definitions: Defined terms used throughout the agreement
4. Partnership Structure: Legal form of partnership and ownership structure
5. Capital Contributions: Initial and ongoing capital contributions from partners
6. Profit and Loss Sharing: Distribution of profits and allocation of losses among partners
7. Management and Decision Making: Governance structure, voting rights, and decision-making processes
8. Partners' Duties and Obligations: Core responsibilities and commitments of each partner
9. Client Engagement: Process for accepting and managing client assignments
10. Confidentiality: Protection of partnership and client confidential information
11. Intellectual Property: Ownership and usage rights of IP created during partnership
12. Financial Management: Banking, accounting, and financial reporting requirements
13. Partner Entry and Exit: Procedures for admitting new partners and partner withdrawal
14. Duration and Termination: Term of partnership and conditions for termination
15. Dispute Resolution: Process for resolving conflicts between partners
16. Governing Law: Specification of Danish law as governing law and jurisdiction
1. Non-Compete and Non-Solicitation: Restrictions on competitive activities and client/employee solicitation, optional based on partner agreement
2. Insurance: Professional liability and other insurance requirements, if specific coverage needs to be mandated
3. Marketing and Branding: Guidelines for partnership branding and marketing activities, if standardization is desired
4. Remote Working: Provisions for remote work arrangements and related protocols, if applicable
5. International Operations: Provisions for cross-border activities and compliance, if partnership operates internationally
6. Data Protection: Detailed GDPR compliance measures, required if handling significant personal data
7. Force Majeure: Provisions for unforeseen circumstances preventing performance, optional but recommended
8. Succession Planning: Procedures for leadership transition and business continuity, relevant for larger partnerships
1. Schedule 1 - Partner Details: Detailed information about each partner including contact details and professional qualifications
2. Schedule 2 - Capital Contributions: Detailed breakdown of initial and committed capital contributions
3. Schedule 3 - Profit Sharing Formula: Detailed calculation method for profit distribution
4. Schedule 4 - Service Areas: Specific consultancy services offered by the partnership
5. Schedule 5 - Fee Structure: Standard fee rates and billing procedures
6. Schedule 6 - Management Procedures: Detailed operational procedures and decision-making processes
7. Schedule 7 - Client Agreement Template: Standard form of client engagement agreement
8. Appendix A - Partnership Policies: Internal policies and procedures including code of conduct
9. Appendix B - Brand Guidelines: Partnership branding and communication standards
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