Employment Agreement (Denmark) by Seedsummit
This document is an employment contract template designed for use in Denmark. It outlines the terms and conditions of employment between a company and an employee, covering aspects such as job title, responsibilities, remuneration, benefits, working hours, intellectual property, confidentiality, termination, and applicable Danish law. It serves as a comprehensive agreement for establishing an employment relationship.
Introduction to employment contract:
The document is a legal binding agreement between the employee and the company. The document describes the specific terms and conditions of the employment.
Employment Contract
concerning [Target company]
has today been made between
[Name]
CVR no. [no.]
[address]
DK - [zip code and city]
(the ”Company”)
and
[Name]
CPR no. [no.]
[address]
DK - [zip code and city]
(the ”Employee”)
(The Company and the Employee hereinafter jointly referred to as the ”Parties” and individually as the “Party”).
Background
The Employee has been employed as [Title] with the Company since [Date] (hereinafter the “Employment Date”).
The Employee shall continue [His/Her] position as [Title] as from [Date] (hereinafter referred to as the “Commencement Date”) on the terms set forth in this Employment Contract (hereinafter “the Agreement”). Thus, this Agreement replaces all previous agreements and amendments entered into between the Parties and represents the sole contractual basis between the Parties.
[or]
[The Employee shall be employed from [date] on the following terms.]
Job Title and Main Responsibilities
The Employee shall be employed under the title of [Title] and shall be in charge of a number of tasks for the Company. The tasks shall be carried out with responsibility and reference to the person(s) appointed by the Company’s management at any given time.
The Employee’s tasks shall primarily consist of:
[…];
[…]; and
[…].
Remuneration
The Employee’s salary is DKK [amount] per month paid in arrears on the last business day of every month, the first time being on [date], to a bank account assigned by the Employee.
The Employee shall be covered by the Company’s pension scheme in force at any given time. From[date], the Company makes a pension contribution of [number] % of the Employee’s yearly salary. The Company’s share of the pension contribution shall be paid in addition to the salary described under clause 2.1 and as adjusted under clause 2.3. From[date], the Employee’s share of the compulsory pension contribution shall be [number] % of the Employee’s yearly salary as described under clause 2.1 and as adjusted under clause 2.3. The Company shall arrange for payment of the total pension contribution to the pension insurance company.
Adjustment of the salary is renegotiated for the first time in [month] [year] and hereinafter once every year in [month]. Any adjustments will take effect on [date] [year].
The Company refunds reasonable travel- and representation expenses in connection with the Employee’s work defrayed after prior approval by the Company. The Employee shall no later than by the end of a month settle expenses regarding the previous month with attached receipts with the Company.
[The Company will [not] impose upon the Employee multimedia tax in accordance with the taxation rules in force from time to time in accordance with clause 3.]
[If the Employee is eligible for Employee Benefits:] Employee Benefits [and Company Car]
The Company shall pay all [reasonable] expenses in connection with the Employee’s mobile phone, home computer and internet connection.
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