About the Danish Law Firm

Performance of the task

Jackie Phillip & Co. Law Firm and the client shall agree on an ongoing basis on the legal assistance and the scope of each task performed as well as the client’s and other parties’ contribution and services.

Jackie Phillip & Co. Law Firm undertakes vis-à-vis the client to provide qualified legal assistance, which shall be delivered at the agreed time and to the agreed extent.

All tasks shall be performed in accordance with the ethical principles for practicing law defined by the General Council of the Danish Bar and Law Society, the rules on lawyers set out in the Danish Administration of Justice Act (Retsplejeloven) and other relevant legislation. All of the Firms attorneys are appointed by the Danish Ministry of Justice, furthermore, every attorney is members of the Danish Bar and Law Society.

Jackie Phillip & Co. Law Firm is subject to the provisions of the Danish Money Laundering Act (Hvidvaskloven) and is therefore under an obligation to obtain and store information about the identity of the client.

Jackie Phillip & Co. Law Firm shall keep all case documents on file for a minimum of five (5) years after the closing of the case. Original documents shall be returned no later than at the closing of the case.

The client shall be given the rights necessary to use the written material submitted by Jackie Phillip & Co. Law Firm to the client in connection with the case; however, Jackie Phillip & Co. Law Firm shall keep and maintain all copyright and other intellectual property rights to the material.

Invoicing and terms of payment

Jackie Phillip & Co. Law Firm’s fee shall generally be settled on the basis of time consumed. The settlement shall also take into account the nature of the task, the responsibility associated with the case, the complexity of the case and the outcome achieved. To the extent deemed necessary, Jackie Phillip & Co. Law Firm shall submit weekly statements or otherwise monthly statements, in arrears.

The terms of payment shall be net cash seven (7) days from the date of invoice. In the event of overdue payment, interest will be calculated in accordance with the Danish Interest Rate Act (Renteloven). VAT shall be added to the fee invoiced in accordance with the rules in force.

Prepayment of outlays and expenses will normally be charged as well as prepayment of the fee. Any prepaid amounts shall be paid into the client account and treated as client funds. Task-related outlays and expenses shall be paid by the client in addition to the fee.

Client funds

All client funds shall be administered according to the rules laid down by the Danish Bar and Law Society and shall be paid into client accounts at recognized banks. Any interest accrued shall be credited to the client in accordance with the rules of the Danish Bar and Law Society.

Confidentiality

Any information disclosed to Jackie Phillip & Co. Law Firm by clients or received about clients or other parties in connection with the work performed for clients shall be treated as confidential information.

Liability

Jackie Phillip & Co. Law Firm shall be liable for assistance to clients in accordance with the general rules of Danish law. Jackie Phillip & Co. Law Firm’s liability in respect of each task and in each instance of both ordinary and gross negligence on the part of Jackie Phillip & Co. Law Firm shall, however, be limited to the amount covered by the lawyers’ liability insurance taken out by Jackie Phillip & Co. Law Firm. Information about the current limit of liability is available upon request. Jackie Phillip & Co. Law Firm shall not be held liable for any indirect loss or operating loss, including loss of data, loss of profit, goodwill, image etc.

Jackie Phillip & Co. Law Firm’s partners and employees shall not be liable for any errors made by advisors to which Jackie Phillip & Co. Law Firm has referred the client, and Jackie Phillip & Co. Law Firm and its partners and employees shall also not be liable for any errors made by subsuppliers which Jackie Phillip & Co. Law Firm has entrusted with solving parts of the task.

Jackie Phillip & Co. Lawfirm is insured with Tryg Forsikring, Klausdalsbrovej 601, 2750 Ballerup, Telephone 40 11 20 20, tryg@tryg.dk – Jackie Phillip & Co. Law Firm has taken out liability insurance according to the guidelines by the Danish Bar and Law Society. The liability insurance covers all legal assistance clients in accordance with the general rules of Danish law, no matter where the legal assistance shall be performed.

Filing

All case documents shall be kept on file for five (5) years from the closing of the case. To the extent possible pursuant to current legislation, all case documents will be filed electronically on DVD, CD-ROM, hard disk etc. Original documents shall be returned no later than in connection with the closing of the case.

Copyright

Jackie Phillip & Co. Law Firm’s clients shall be given the rights necessary to the specific written material produced in a case; however, Jackie Phillip & Co. Law Firm shall keep and maintain the actual copyright and other intellectual property rights.

Closing of case

Jackie Phillip & Co. Law Firm shall continue working on a case until the case can be deemed to be closed unless the client has asked that such work be ceased prior to this, the time for payment indicated in an invoice has been exceeded and the client has been notified that the work will be ceased if payment is not effected within a specific time limit, the client becomes insolvent, or if the client’s interests are deemed to be best served by ceasing the work.

Jackie Phillip & Co. Law Firm

Jackie Phillip & Co. Law Firm has CVR no. 19018385, and is fully and privately owned by Mr. Jackie Phillip.

Governing law/venue

Jackie Phillip & Co. Law Firm’s services shall in every respect be governed by Danish law, and any disputes shall only be brought before the Danish courts of law.

Policy Commitment – Corporate Social Responsibility (CSR)

At Jackie Phillip & Co. Law Firm, we are dedicated to being good corporate citizens. It is our policy to conduct our business in an ethical and lawful manner and to promote the same business behavior within our sphere of influence. At Jackie Phillip & Co. Law Firm we are committed to securing consistent and high standards on how we conduct our business in relation to human rights and driving continuous progress and improvements through our CSR management process.

At Jackie Phillip & Co. Law Firm we are committed to:

• Act responsibly towards our employees, customers, business partners and towards the community we operate in
• Integrate concerns for people, planet, and profits into our decision making and business procedures
• Manage and control human rights risks systematically
• Play a leading role in promoting best practices in our industry
• Establish clear CSR objectives, strategies and action plans
• Comply with international legislation and regulations, and be active in driving improvement.
• Promote a culture in which all employees share our CSR commitment.
• Actively involve our employees in CSR matters to develop their understanding and roles in conducting socially responsible business
• Inform our business partners to comply with UNGP’s on Business and Human Rights
• Monitor our CSR performance by applying measurements and impact assessments, and constantly pursue continuous performance improvement

Our position on Human rights

At Jackie Phillip & Co. Law Firm we are committed to respecting and supporting globally recognized human rights throughout our operations and business relationships. Governments carry the primary responsibility for protecting human rights, but companies have an independent responsibility to respect human rights.

 Our human rights management approach builds on the International Bill of Human Rights and the UN Guiding Principles on Business and Human Rights and our objectives are to:

• Identify, prevent and mitigate human rights risks throughout our operations and business relationships
• Remediate any adverse human rights impacts that our business causes or contributes to.
• Account for how we address our impacts on human rights.
• Promote the respect and protection of human rights with those we do business with.
• Positively influence business respect for human rights through our example and presence.
• Contribute to promoting the implementation and dissemination of international standards on human rights and business.

We expect all employees, business partners and other parties directly linked to our operations or services to adopt the same position to human rights.