The Intercompany Assignment Agreement is essential for organizations operating multiple entities in Denmark or with Danish operations that need to temporarily transfer employees between group companies. This document is particularly relevant when companies need to share expertise, fulfill project requirements, or develop talent while maintaining the employee's original employment relationship. The agreement ensures compliance with Danish employment law, tax regulations, and data protection requirements while clearly defining the roles and responsibilities of all parties involved. It covers crucial aspects such as compensation arrangements, benefits continuation, working conditions, and assignment duration, providing legal certainty for both the companies and the assigned employee. This type of agreement is commonly used in corporate restructuring, project-based assignments, or knowledge transfer initiatives, and must carefully balance the interests of all parties while adhering to Danish legal requirements.
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Key Requirements PROMPT example:
Intercompany Assignment Agreement
I need an Intercompany Assignment Agreement under Danish law for a senior software developer being assigned from our Copenhagen headquarters to our fintech subsidiary in Aarhus for a 12-month project starting March 2025, with specific provisions for intellectual property protection and remote work flexibility.
1. Parties: Identification of the home company, host company, and the employee
2. Background: Context of the assignment and relationship between the companies
3. Definitions: Key terms used throughout the agreement
4. Term and Duration: Start date, end date, and any extension provisions
5. Assignment Role and Responsibilities: Details of the position, duties, and reporting lines
6. Employment Status: Continuation of home company employment and relationship with host company
7. Working Hours and Location: Standard working hours, place of work, and flexibility arrangements
8. Compensation and Benefits: Salary, benefits, allowances, and payment arrangements
9. Tax and Social Security: Tax treatment and social security obligations
10. Data Protection: Handling of personal data between companies and GDPR compliance
11. Confidentiality: Protection of confidential information of both companies
12. Intellectual Property: Ownership and rights to work product during assignment
13. Termination: Circumstances and process for early termination
14. Return to Home Company: Provisions for repatriation and role upon assignment completion
15. Governing Law and Jurisdiction: Application of Danish law and dispute resolution
16. General Provisions: Standard boilerplate clauses including amendments, notices, and entire agreement
1. Immigration Requirements: Required for international assignments involving visa/work permit requirements
2. Relocation Assistance: Include when physical relocation support is provided
3. International Travel: Required when role involves significant cross-border travel
4. Family Support: Include when family-related benefits or support are provided
5. Industry-Specific Compliance: Required for regulated industries with specific compliance requirements
6. Training and Development: Include when specific training or development programs are part of assignment
7. Non-Competition: Include when additional non-compete provisions are required for host company
8. Emergency Procedures: Required for assignments in high-risk locations or situations
1. Schedule 1 - Assignment Details: Detailed description of role, responsibilities, and reporting structure
2. Schedule 2 - Compensation Package: Detailed breakdown of salary, benefits, allowances, and payment arrangements
3. Schedule 3 - Company Policies: List of applicable policies from both home and host company
4. Schedule 4 - Benefits Summary: Detailed description of all benefits and eligibility conditions
5. Schedule 5 - Tax Equalization Policy: Details of tax treatment and equalization if applicable
6. Appendix A - Required Notices and Consents: Template forms for various notices and consent requirements
7. Appendix B - Emergency Contacts: List of emergency contacts and procedures
8. Appendix C - Assignment Timeline: Detailed timeline including orientation, check-ins, and repatriation planning
Authors
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Financial Services
Technology
Professional Services
Healthcare
Energy
Retail
Telecommunications
Construction
Transportation and Logistics
Pharmaceuticals
Consumer Goods
Media and Entertainment
Education
Real Estate
Relevant Teams
Human Resources
Legal
Global Mobility
Compensation and Benefits
Employee Relations
Compliance
Tax
Finance
Corporate Development
Project Management Office
International Assignments
Talent Management
Relevant Roles
Human Resources Director
Legal Counsel
HR Business Partner
Global Mobility Manager
Compensation and Benefits Manager
Employment Law Attorney
Corporate Lawyer
HR Operations Manager
Talent Management Director
Project Manager
Department Head
Chief Human Resources Officer
Compliance Officer
International Assignment Coordinator
Employee Relations Manager
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