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Joint Venture Agreement  

Doc Ref. EN-CPsp51
With Free Guidance Notes
Drawn by: Rakesh Taneja
Format available: word-small
Word count: 1600

This joint venture agreement is suitable where any two businesses join together for a specific project for a specific length of time.

 
Price: £39.00
Plus VAT £7.80
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About this document
A joint venture is a business relationship where two parties pool their skills and resources for a common goal or business. Of course the businesses agree to share associated profits and risks too. There is a host of reasons for entering into a joint venture, for example: to expand the businesses, to make better use of technical expertise, to develop new products or exploit new markets.
This joint venture agreement has been drawn for use between individuals or partnerships, not companies. If you require a corporate joint venture agreement, see the documents linked right.
As drawn, each party is liable on its own share of profit and gets the direct benefit of any tax reliefs. This agreement ensures independence and simplicity.
 
Application and features
Very flexible to suit various circumstances and address all eventualities;
Suitable whether you provide goods or services;
Ready for adaptation to particular needs of either or both parties;
Suitable for both small and large ventures, whether locally or internationally;
Comprehensive provisions; no short cuts;
Drawn in plain and simple English;
Complete with explanatory notes.
 
Contents
Purpose of the joint venture;
Percentage of participation;
Management through creation of a committee;
Duration and termination;
Delegation of authority;
Bank Accounts;
Accounts: maintenance and audit;
Dispute resolution;
Confidentiality;
Termination;
Appropriate legal provisions such as warranties, exclusions, indemnities and more;
Other provisions to protect your interests and making joint venture agreement;
Explanatory guidance notes.
Draftsman
This document has been drawn by Rakesh Taneja, unconnected with Net Lawman. Rakesh Taneja will welcome your contact for further legal help. There may be a charge for Rakesh Taneja services.

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