Joint Venture Agreement
  • General Information
    • Members Details
    • Joint Venture Details
    • Termination & IP Rights
  • Daily Operations
    • JV Contrbituions
    • Management & Operation
    • Miscellaneous
  • Complete the Document
    • Template's Format

Members Details

  • How many parties want to create a joint venture (the "JV")?

    !

    Party to a joint venture agreement could be an individual, business or organization.

  • Indicate the Party A full name:

  • Indicate the full business/mailing address of the Party A:

  • Indicate the contact email address of Party A:

  • Indicate the Party B full name:

  • Indicate the full business/mailing address of the Party B:

  • Indicate the contact email of Party B:

  • Indicate the Party C full name:

  • Indicate the full business/mailing address of the Party C:

  • Indicate the contact email of Party C:

  • List the full names and mail addresses of each party who sign this Agreement:

  • Provide contact email address of each party who sign this Agreement:

Joint Venture Details

  • Select the date on which all parties sign this Agreement:

  • Select the name of a state where the JV shall operate:

    !

    If a joint venture will operate in several states, select a state where the main business operations or activities should take place.

  • Indicate the full name of the JV's project:

  • Provide a detailed description of the JV’s purpose and its planned operations:

  • Indicate the JV's main place of business:

Termination & IP Rights

  • JV shall be terminated on:

  • Select the date on which the JV shall end:

  • List all events upon the occurrence of which the JV will terminate:

  • Describe how all intellectual property rights created in the course of the JV’s operations and business should be shared between the parties:

    !

    Intellectual property rights may include designs, advice, reports, code, artwork, or any other intellectual property.

    Parties to this agreement may agree on either of the following:

    – only one party to this agreement shall own all IP rights;
    – all parties shall own IP rights in equal shares;
    – all parties shall own IP rights in proportion to the amount of their joint venture’s contribution; or
    – any other arrangement.

JV Contrbituions

  • What percentage of the JV’s interest is owned by Party A?

    !

    A party’s percentage of the joint venture interest represents its ownership share in the joint venture.

    This percentage determines how much control the party has in decision-making and how profits, losses, and assets are distributed between the parties.

    For instance, if John owns 5% of interest in the joint venture, it means that he is entitled to only 5% of the profit generated by that joint venture.

  • Indicate Party A’s contribution to the JV (in U.S. dollars):

    !

    If a party makes a cash contribution, indicate its amount. If a party makes a contribution in the form of goods, services, or property, indicate a monetary equivalent of such contribution.

    All answers should be given in the U.S. dollar.

  • What percentage of the JV’s interest is owned by Party B?

  • Indicate Party B’s contribution to the JV (in U.S. dollars):

  • What percentage of the JV’s interest is owned by Party C?

  • Indicate Party C’s contribution to the JV (in U.S. dollars):

  • Specify the percentage ownership of each Party in the JV:

    !

    A party’s percentage of the joint venture interest represents its ownership share in the joint venture.

    This percentage determines how much control the party has in decision-making and how profits, losses, and assets are distributed between the parties.

    For instance, if John owns 5% of interest in the joint venture, it means that he is entitled to only 5% of the profit generated by that joint venture.

  • Indicate the amount contributed by each Party to the JV (in U.S. dollars):

    !

    If a party makes a cash contribution, indicate its amount. If a party makes a contribution in the form of goods, services, or property, indicate a monetary equivalent of such contribution.

    All answers should be given in the U.S. dollar.

Management & Operation

  • Who will manage the JV's daily operation and business?

  • How frequently should the Parties meet to discuss the JV’s operations and management?

  • How many directors should the board of directors have?

    !

    The board of directors should have an odd number of directors to avoid deadlock situations. The decisions should be adopted by a simple majority of votes.

    For example, if a board of directors has three directors, a simple majority will be 2 directors.

  • What criteria must a person meet to be eligible to serve as a director in JV?

    !

    The list of criteria may include:

    – age requirements;
    – degree;
    – proficiency in certain languages;
    – business reputation etc.

     

Miscellaneous

  • Does a party to the JV have the right to transfer its interest to a third party?

  • List all duties and responsibilities of Party A in relation to the JV:

  • List all duties and responsibilities of Party B in relation to the JV:

  • List all duties and responsibilities of Party C in relation to the JV:

  • Describe in details the duties and responsibilities of each party in relation to the JV:

Select a template's format:

PDF
DOCX
Back
You can skip answers for the questions.
Skipped answers will appear as blank part in the text of the final document. You can fill them in at later stage.
Back
Skip
Next
You can skip answers for the questions.
Skipped answers will appear as blank part in the text of the final document. You can fill them in at later stage.