Joint Venture Partnership Agreement Sample
This joint venture agreement agreement is made and entered in this insert date day of insert month 20 insert year by and between abc corporation inc a insert state of incorporation corporation with its principal place of business at insert address abc and xyz corporation inc.
Joint venture partnership agreement sample. The joint venture can be for any legitimate lawful purpose. A general partnership agreement will require a different form. This joint venture agreement will allow the parties to enter the following information. Make a decision on what kind of format you d like to use for your joint venture agreement template.
A general partnership is a joint venture that involves the sharing of profits and losses and otherwise generally allows the partners to act for each other. For you to make a good joint venture agreement sample you may need some helpful steps and tips to guide you. Hereafter both of the above parties shall be referred to as either the parties or partners interchangeably for the purposes of the. A partnership usually refers to a single legal entity which is owned by two or more individuals whereas a joint venture agreement covers a short term project between multiple parties.
Examine the scope and purpose of your joint venture along with your partner along with the expected time frame. A limited joint venture is a specific type of relationship for a limited amount of time and limited purpose. This joint partnership agreement the agreement is entered into on this day of month year by and between party 1 on behalf of company address and party 2 on behalf of company address. The terms joint venture agreement and partnership agreement are sometimes conflated.
A brief description of the purpose of the joint venture.