Common Contracts
1 similar Joint Venture Company Agreement contracts
Joint venture company agreement templateJoint Venture Company Agreement • January 4th, 2022
a joint venture agreement is a contract between two or more people or companies who wish to undertake a new independent project, start a new service or perform some other specific work together in order to obtain a benefit. a joint venture agreement is more limited than a partnership agreement, since the parties only collaborate for a specific activity. in a joint venture agreement, the parties join in defining the scope of the joint venture and their respective obligations, so that everyone agrees before the start of the new project, service or other company. the joint venture agreement describes the purpose of the joint venture and sets out everything necessary for the parties to jointly initiate business activities. the allocation of ownership, including losses and profits, is one of the critical points of a joint venture agreement, as well as the termination clause. the document is a key document to start a joint venture with another person or company and will help the parties draw
