Common use of Sweden and Denmark Clause in Contracts

Sweden and Denmark. If the Territory is Sweden the MicroStrategy contracting entity on the order is MicroStrategy Sweden AB with offices at 4 Stureplan, 114 35 Stockholm, Sweden. If the Territory is Denmark, the MicroStrategy contracting entity on the order is MicroStrategy Denmark ApS with offices at 2 Axeltorv, c/o Gorrissen Federspiel, 1609 København V, Denmark. The following terms apply for each of Sweden and Denmark: (a) the Governing Law will be respectively the laws of Sweden or Denmark; and (b) any disputes, actions, claims or causes of action arising out of or in connection with this Agreement or the parties’ relationship under it will be subject to the exclusive jurisdiction of respectively the Maritime and Commercial Court of Stockholm or Maritime and Commercial Court of Copenhagen; (c) The following sentence is added at the beginning of the “Term and termination” section of the General Terms: “This Agreement shall be for an indefinite term unless terminated by a party in accordance with the provisions of this Agreement.” (d) references to “CPI” in the Agreement will be deemed to refer to “local CPI.”