Document background
The Venture Partner Agreement is a crucial document used when venture capital firms engage experienced professionals in a non-employee capacity to assist with deal sourcing, investment evaluation, and portfolio company support. This agreement, governed by Danish law, defines the hybrid nature of the venture partner role, which typically combines elements of both an advisor and a carried interest participant. The document is essential for establishing clear parameters around the partner's involvement in fund activities, compensation structure, and obligations while ensuring compliance with Danish financial regulations and corporate law. It's particularly important for addressing the unique aspects of the venture partner model, including flexible time commitment, carried interest arrangements, and potential conflicts with other professional activities.
