Common Contracts
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Contractual joint venture agreement template ukMay 7th, 2021
Joint Venture Agreements are made between two or more parties to achieve a common business goal. Entering into a joint venture agreement usually benefits both parties as it allows the parties to share experience, risk and liability. Joint ventures can take a number of structures; these typically include setting up a new company specifically for the joint venture agreement (a Special Purpose Vehicle or SPV); a partnership; or a collaboration agreement. No specific laws relate to joint venture agreements but they are subject to a variety of laws concerning Corporate and Partnership law, so it pays to get the advice of a commercial solicitor. Within the agreement you might want to include details on the financial obligations of each party, the structure and objectives of the joint venture, the creation of intellectual property, how disputes will be handled and an exit strategy. Why use Rotheras for Joint Venture Agreements? At Rotheras our commercial team understand that your circumstance
