Joint Venture Agreement
A joint venture agreement for two companies working together on one project by contract, without forming a new company. The venture partner signs first, then your company countersigns.
Written for general use, not for one country.
The PDF is free to download. Centilio Sign is free to start.
What it covers
The template has 12 parts.
- The Project
- Contributions
- Management and decisions
- Costs
- Revenue and profit
- Accounts and audit
- Intellectual property
- Confidentiality
- Exclusivity
- Term and termination
- Relationship and liability
- Disputes and governing law
What you will be asked
Have these details ready. The template needs them before anyone signs.
- What is the joint venture project?
- What will your company contribute?
- What will the venture partner contribute?
- What percentage of the profit is yours?
- What percentage of the profit goes to the venture partner?
- When should the joint venture end?
Who signs
Everyone the template names, and what each one does.
- Venture partnerSigns
- CompanySignsSends it
Where it fits
For a shared project with shared profit and no new entity. Use the memorandum of understanding for a cooperation that is mostly not binding, and set up a company with a shareholders agreement for a long term venture.
Before you rely on it
Original Centilio wording, not legal advice. Have a lawyer check whether the arrangement could be treated as a partnership for tax or liability purposes where you operate, and whether competition rules affect the exclusivity. Add any licences or regulatory approvals the Project needs before you approve it.
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