All Countries
Commercial
Deed Of Sale Of Franchise

Deed Of Sale Of Franchise Template for Denmark

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Deed Of Sale Of Franchise

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Deed Of Sale Of Franchise

Celebrated by
Collaborations with
Investors
Document background
The Deed of Sale of Franchise is a crucial document used when transferring ownership of an entire franchise system in Denmark. It's typically employed during business acquisitions, succession planning, or strategic restructuring of franchise operations. The document must comply with Danish legal requirements while addressing both domestic and potential international franchise operations. This comprehensive agreement covers the sale of all franchise-related assets, including intellectual property, operational systems, existing franchise agreements, and goodwill. The document needs to address specific Danish legal considerations, such as compliance with the Danish Contracts Act, Competition Act, and relevant EU regulations. It should also account for the rights of existing franchisees and include provisions for business continuity during the transition period.
Suggested Sections

1. Parties: Identification of the seller (current franchisor), buyer (new franchisor), and current franchisees

2. Background: Context of the franchise sale, history of the franchise business, and purpose of the transaction

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Sale and Purchase: Core transaction terms including what is being sold and purchased

5. Purchase Price: Details of the purchase price, payment terms, and any adjustments

6. Completion: Timing and mechanics of the completion of the sale

7. Pre-Completion Obligations: Obligations of both parties before completion, including due diligence and regulatory approvals

8. Seller's Warranties: Warranties regarding the franchise business, intellectual property, and existing franchise agreements

9. Buyer's Warranties: Warranties from the buyer regarding capacity and capability to operate the franchise system

10. Intellectual Property Transfer: Terms for transferring trademarks, patents, know-how, and other IP rights

11. Existing Franchise Agreements: Treatment of existing franchise agreements and relationships

12. Employee Matters: Handling of employees and related liabilities

13. Confidentiality: Confidentiality obligations regarding the transaction and business information

14. Post-Completion Obligations: Ongoing obligations after completion, including transition support

15. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction provisions

16. Execution: Formal execution blocks and signing requirements

Optional Sections

1. Earn-out Provisions: Include when part of the purchase price is contingent on future performance

2. Property Transfers: Required when real estate assets are included in the sale

3. Third-Party Consents: Include when specific third-party approvals are required for the transfer

4. Tax Provisions: Detailed tax arrangements when complex tax implications exist

5. Competition Compliance: Specific provisions when required by competition authorities

6. Transitional Services: Include when the seller will provide ongoing support services

7. International Rights: Required when the franchise operates in multiple jurisdictions

8. Supplier Agreements: Include when exclusive supplier relationships are part of the franchise system

Suggested Schedules

1. Schedule 1: Assets List: Detailed inventory of all tangible and intangible assets included in the sale

2. Schedule 2: Intellectual Property: Complete list of trademarks, patents, copyrights, and other IP rights

3. Schedule 3: Existing Franchise Agreements: List of all current franchise agreements and their key terms

4. Schedule 4: Employee Information: Details of transferring employees and their employment terms

5. Schedule 5: Properties: List of owned and leased properties included in the sale

6. Schedule 6: Warranties: Detailed warranties given by the seller

7. Schedule 7: Purchase Price Calculation: Detailed breakdown of purchase price components

8. Schedule 8: Completion Requirements: Checklist of all documents and actions required for completion

9. Appendix A: Operating Manual: Current franchise operating manual and procedures

10. Appendix B: Financial Statements: Historical financial information for the franchise system

Authors

Linkedin in social icon imageX social icon image
Relevant legal definitions
Agreement
Applicable Laws
Assets
Business
Business Day
Completion
Completion Date
Confidential Information
Consideration
Danish Competition Act
Deed
Effective Date
Encumbrance
Existing Franchisees
Existing Franchise Agreements
Financial Statements
Force Majeure
Franchise
Franchise System
Franchise Territory
Franchise Manual
Goodwill
Group
Intellectual Property Rights
Know-how
Liabilities
Licensed Marks
Long-stop Date
Material Adverse Change
Operating Standards
Parties
Permitted Encumbrances
Purchase Price
Records
Related Persons
Relevant Authority
Seller's Group
Seller's Knowledge
Supplier Agreements
System Standards
Tax
Third Party Rights
Trade Secrets
Transaction Documents
Transfer
Transition Period
Warranties
Working Capital
Clauses
Interpretation
Sale and Purchase
Purchase Price
Payment Terms
Completion Conditions
Pre-Completion Obligations
Completion
Post-Completion Obligations
Warranties
Indemnification
Intellectual Property Transfer
Asset Transfer
Existing Franchisee Relations
Employee Matters
Confidentiality
Non-Competition
Non-Solicitation
Data Protection
Tax Matters
Assignment
Force Majeure
Transition Services
Third Party Rights
Competition Compliance
Supplier Relations
Property Rights
Business Records
Dispute Resolution
Governing Law
Jurisdiction
Notices
Entire Agreement
Severability
Waiver
Amendments
Costs
Further Assurance
Counterparts
Boilerplate
Relevant Industries
Relevant Teams
Relevant Roles
Industries
Danish Contracts Act (Aftaleloven): Fundamental law governing formation and validity of contracts in Denmark, essential for the basic framework of the franchise sale agreement
Danish Marketing Practices Act (Markedsføringsloven): Regulates marketing practices and disclosure requirements, relevant for franchise business operations and transfer of marketing rights
Danish Competition Act (Konkurrenceloven): Governs competition aspects of franchise agreements, including territorial restrictions and non-compete clauses
EU Block Exemption Regulation on Vertical Agreements: European regulation affecting vertical agreements including franchise agreements, particularly regarding territory restrictions and competition
Danish Trademarks Act (Varemærkeloven): Crucial for protecting and transferring trademark rights, which are essential components of franchise agreements
Danish Commercial Leases Act (Erhvervslejeloven): Relevant if the franchise includes transfer of commercial property leases or rights
Danish Personal Data Protection Act (Databeskyttelsesloven): Governs the transfer of customer data and databases as part of the franchise sale
Danish Sale of Goods Act (Købeloven): Applies to the transfer of tangible assets as part of the franchise sale
Danish Business Transfer Act (Virksomhedsoverdragelsesloven): Relevant for employee rights and obligations in case of business transfer through franchise sale
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Deed Of Sale Of Franchise

find out more

Restaurant Franchise Agreement

find out more

Master Franchise Contract

find out more

Franchise Partnership Agreement

find out more

Franchisor Franchisee Agreement

find out more

Franchise Development Agreement

find out more

Franchise Contract Agreement

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.