Use this Joint Venture Agreement when partnering with another business or entity to engage in a specific project, normally for a short and term.
The joint venture purpose may be to gain individual benefits, usually being to share the project objective. This may be to develop a product, intellectual property or marketing strategy rather than joint or collective profits, as is the case with a general or limited partnership.
This Agreement is formatted for your convenience using Microsoft Word and is available for immediate download. You can use this JV agreement time after time, simply edit each field in the form and tab to the next, now print your agreement.
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The Contract includes the following provisions -
It defines rights, roles and responsibilities of each party and clearly spells out specific conditions that apply to your joint venture. This means it protects the interests of those involved by putting in writing the following considerations:
Joint Venture Purpose
Term and Termination
Place of Business
Books & Records
Capital Contributions
Division of Profits & Losses
Expenses
Joint Venture Bank Accounts
Management Duties
Other Business Interests
Intellectual property
Assignment
Indemnification
Confidentiality
Dissolution and Death of JV partner
Dispute resolution
Amendments
Governing law
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When to Use this Agreement
