Consultancy Agreement (Denmark) by Seedsummit
The Seedsummit consultancy agreement sets out the terms under which a company engages an independent consultant to provide specific services, covering key areas such as remuneration, confidentiality, termination, and conflict of interest. It is useful for clearly defining the consultant’s obligations and the company’s expectations while ensuring no employment relationship is created.
Explanatory Note
The Consultant Agreement may be used to engage consultants that the company are only to engage on a consultant basis. The agreement regulates themes such as remuneration, services, termination, conflicts of interest and confidentiality.
Consultancy Agreement
ENTERED INTO on [effective date] BETWEEN
[company name]
[company address]
(the "Company")
AND
[consultant name]
[consultant address]
(the "Consultant")
BACKGROUND
The Company has decided to engage ad hoc consultants to assist the Company with certain services as set out in this Agreement and wish to appoint the Consultant as a such consultant for the Company.
The purpose of this Agreement is to lay down the principles for the Services engaged by the Company.
APPOINTMENT
The Company hereby engages the Consultant to act as an consultant for the Company on certain matters as set out herein and the Consultant accepts such engagement.
The Consultant has been engaged because of his or her particular knowledge within [area of expertise].
As from the signing of this Agreement, the Company shall be entitled to disclose at its website and marketing material that the Consultant is engaged by the Company.
SERVICES
The role of the Consultant is to provide the services set out in Appendix A (the "Services") as agreed between the Company and the Consultant.
The Consultant shall perform the Services in a timely and professional manner, consistent with industry standards.
The Consultant agrees to be available for online discussions with the Company regarding the items set out in Appendix A.
COMPENSATION
As compensation for his or her engagement and the Services provided, the Consultant shall be compensated as set out in Appendix B.
Additionally, the Company shall reimburse reasonable expenses related to the performance of the Services.
TERMINATION
This Agreement shall enter into force on signing by both parties.
Both parties shall be entitled to terminate this agreement with a written notice of one (1) month to the end of a month.
TAX
The Consultant shall have sole responsibility for withholding of and paying all applicable taxes with respect to this Agreement. Any tax consequences for the Consultant regarding this Agreement shall be of no relevance to the Company.
NO EMPLOYMENT RELATIONSHIP
The Parties hereto acknowledge and agree that the Consultant is an independent contractor and not an employee, agent or partner of the Company, and nothing herein shall be construed to be inconsistent with this relationship or status. While the Consultant may perform the Services under the general direction of the Company, the Consultant will determine, in the Consultant’s sole discretion, the manner and means by which the Services are accomplished. The Consultant shall not have any authority to contract for or bind the Company in any manner.
CONFLICT OF INTEREST
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About this template
What is this template?
This is a services contract for independent contractors that explicitly denies the creation of an employment or agency relationship. It contains specific Danish arbitration venue clauses and requires a one-month notice period for termination. It is not an employment contract or a simple purchase order.
When should you use it?
Use this when engaging a specialist for project-based work in Denmark where the provider manages their own taxes and methodology. Use an Employment Agreement instead if the individual should be integrated into the company payroll or follow internal management hierarchies.
What's inside
| Clause | Name | What it does |
|---|---|---|
| 2 | APPOINTMENT | The Company appoints the Consultant based on their specific expertise in a defined field and gains the right to list them on its website. |
| 4 | COMPENSATION | The Consultant receives payment as defined in Appendix B and reimbursement for reasonable expenses incurred while performing Services. |
| 5 | TERMINATION | Either party may terminate the relationship by providing one month written notice effective at the end of a calendar month. |
| 6 | TAX | The Consultant holds sole responsibility for withholding and paying all applicable taxes related to their engagement. |
| 7 | NO EMPLOYMENT RELATIONSHIP | The Consultant acts as an independent contractor with sole discretion over the manner of work and no authority to bind the Company. |
| 9 | CONFIDENTIALITY | The Consultant must protect all technical and financial information received from the Company, including the contents of this agreement. |
| 12 | LAW AND VENUE | Disputes are governed by the laws of Denmark and settled via the Rules of Procedure of the Danish Institute of Arbitration. |
Who it's for
- a Danish company engaging an ad hoc specialist for services described in a dedicated appendix
- an independent contractor providing professional services to a client under Danish governing law
- a business relationship where the parties require arbitration through the Danish Institute of Arbitration
How long it runs and how it's signed
Law it's drafted under
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