Joint Venture Agreements

by ryan on July 10, 2017




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Joint Venture Agreements

 

Are you and other business professionals planning on undertaking a business venture? Then you should have a solid joint venture agreement in place. Our agreement is easy to follow through and can be adapted to meet your every business needs.

Our agreement will cover all the important aspects such as, capital contributions, management, rights of a joint venturer, transfers of interest, death, retirement, bankruptcy and many more issues that are pertinent to your business venture.

This Joint Venture Agreement is intended for those who have formed a partnership for a specific project or a particular business transaction. These types of business projects usually have specific time frames and do not continue indefinately.

joint-venture-agreement

JOINT VENTURE AGREEMENT TEXT VERSION

TABLE OF CONTENTS

SECTION 1 NATURE AND PURPOSE OF AGREEMENT

RECITALS

SECTION 2 DEFINITIONS

SECTION 3 JOINT VENTURE

3.1 Joint Venture Name
3.2 Place of Business
3.3 Purpose of Joint Venture
3.4 Term of Joint Venture

SECTION 4 JOINT VENTURER’S CAPTIAL CONTRIBUTIONS

4.1 Joint Venturer’s Contributions
4.2 Joint Venturer’s Interest in Joint Venture
4.3 Banking
4.4 Capital Withdrawals
4.5 Capital Accounts.
4.6 Interest
4.7 Additional Capital.
4.8 Joint Venture Loans From Joint Venturers.
4.9 Profits and Losses
4.10 Legal Title to Joint Venture Property

SECTION 5 MANAGEMENT OF JOINT VENTURE

5.1 Management Authority
5.2 Indemnification of Joint Venturers
5.3 Hours Devoted to Joint Venture
5.4 Joint Venture Meetings
5.5 Borrowing Money
5.6 Signatures on Checks
5.7 Salaries
5.8 Expenses
5.9 Accounting – Joint Venture’s Books
5.10 Fiscal Year

SECTION 6 TRANSFER OF JOINT VENTURE INTEREST AND JOINT VENTURE RIGHTS

6.1 Right of First Refusal
6.2 Transfer Purchase Price
6.3 Written Notice to Joint Venture
6.4 Written Notice to Joint Venturers
6.5 Acceptance by Two or More Joint Venturers
6.6 Transfer Purchase Price Payment
6.7 Transfer to Third Party
6.8 Continuity of Joint Venture After Transfer

SECTION 7 EXPULSION OF A JOINT VENTURER

7.1 Expulsion

SECTION 8 DEATH OF A JOINT VENTURER

8.1 Purchase Joint Venturer’s Interest Upon Death
8.2 Value of Deceased Joint Venturer’s Interest
8.3 Payment of Deceased Joint Venturer’s Interest
8.4 Continuity of Joint Venture After Death of Joint Venturer

SECTION 9 RETIREMENT OF JOINT VENTURER FROM JOINT VENTURE

9.1 Purchase Joint Venturer’s Interest Upon Retirement
9.2 Value of Joint Venturer’s Interest Upon Retirement
9.3 Payment of Joint Venturer’s Interest Upon Retirement
9.4 Continuity of Joint Venture After Retirement of Joint Venturer

SECTION 10 BANKRUPTCY OF A JOINT VENTURER

10.1 Purchase Joint Venturer’s Interest Upon Bankruptcy
10.2 Value of Joint Venturer’s Interest Upon Bankruptcy
10.3 Payment of Joint Venturer’s Interest Upon Bankruptcy
10.4 Continuity of Joint Venture After Bankruptcy of a Joint Venturer

SECTION 11 CONTINUITY OF JOINT VENTURE

11.1 Continuity

SECTION 12 DISSOLUTION OF JOINT VENTURE

12.1 Dissolution

SECTION 13 GENERAL PROVISIONS

13.1 Separate Business Activities
13.2 Notices
13.3 Damages
13.4 Representation And Warranty
13.5 Entire Agreement
13.6 Severability
13.7 Spouses
13.8 Force Majeure
13.9 Gender
13.10 Headings
13.11 Attached Exhibit(s)
13.12 Language
13.13 Interpretation of Agreement
13.14 Counterparts
13.15 Applicable Law

SIGNATURE PAGE

EXHIBIT A – CONSENT FORM

EXHIBIT B – SPOUSE(S) CONSENT FORM

Sample Example Templates

/joint-venture-agreement-printable-docx

joint-venture-agreement-printable-docx-2

pdf-joint-venture-agreement-printable-docx

sample-joint-venture-agreement-printable-docx

software-joint-venture-development-agreement-printable-docx

joint-venture-agreement-template

joint-venture-agreements-document




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