Joint Venture
Agreement
Prepared for:
[Client.Company]
Prepared by:
[Sender.Company]
Joint Venture Agreement
This Joint Venture Agreement is between [Company One] residing at [Company one address] ( herein-
after will be called as party A) and [Company Two] residing at [Company two address] ( hereinafter will
be called as party B ).
This Joint Venture Agreement is made on [dd/mm/yy] and cites the purpose of both the parties com-
ing together with the common goal of doing the following business - [ business name] ( hereinafter will
be called as Business ).
Both the parties are advised to carefully read all the terms and clauses of this agreement as these will
define the rules and regulations of business in between both the parties.
Definitions
Business day - Any day except for saturday or Sunday or any other national holiday in [ country name
].
Affiliate - Any entity that is under control or controlled by another Entity.
Commencement Date - The formal date at which the joint venture will commence i.e [dd/mm/yy]
Contract Period - Each period of 12 months from the commencement date.
Intellectual Property Rights - Copyrights, Patents, Rights in Invention, Trademarks, trading rights or
any particular personal information.
Place Of business
The Business Office of this Joint Venture Agreement will be at [ Business Address ] and this business
will be named as [ Business Name ].
Purpose
The Joint Venture shall be formed for the [Purpose for business] to Provide a [description of the prod-
ucts and/or services] that the Joint Venture is concerned with, and the [objective] of the Joint Venture.
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Joint Venture Agreement
Contributuion
According to this Joint Venture Agreement, both the parties will make the following contribution to
the business:
1. [PARTY A]’s Contribution to the business: [ Amount Invested By party A ]
2. [PARTY B]’s Contribution to the business: [ Amount invested by party B ]
A bank account at [NAME OF BANK] shall be opened by [PARTY A] on behalf of the Joint Venture, and
the financial contributions of the Parties shall be deposited by the due date set forth above. Should
the Joint Venture require additional funding, additional financial contributions shall be made equally
by the Parties, unless mentioned otherwise in writing.
Profit Distribution
Party A will recieve [ percentage ] of Profit.
Party B will recieve [ percentage ] of Profit.
Responsibilities Of Each Party
Responsibilities of Party A - [mention all the responsibilities]
Responsibilities of Party B- [mention all the responsibilities]
Both the parties take full responsibilities of all the mentioned responsibilties above in this Business.
Confidentiality
rules. This Joint Venture Agreement is strictly confidential and should remain between Party A and
Party B only. None of the parties reserves any rights to include or offer this agreement to any nonex-
clusive member other than the parties mentioned above. Each party would be required to sign The
Non-Disclosure Agreement entered into by the Parties as of [DATE]. The NDA is applicable to the Joint
Venture and shall apply in full force and effect to any and all Confidential Information. Any threat to
confidential clause by either party shall result in termination of this agreement and legal action would
be taken against the party according to government rules.
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Joint Venture Agreement
Period
This Joint Venture Agreement shall commence on the date first stated above and remain in full force
and effect for an initial period of [NUMBER] years. At the end of the Initial Term, this Agreement will au-
tomatically renew in one-year increments (each, a “Renewal Term”), unless and until this Agreement is
terminated by either of the parties in writing.
Termination
Either Party shall have the right to terminate this Agreement, effective as of the end of the Initial Term
or any Renewal Term, by providing the other with written notice of termination at least thirty (30) days
prior to the end of such Initial Term or Renewal Term. Neither Party shall have any right to terminate
this Agreement at any other time unless such termination is mutually agreed to by both the parties
mentioned above. The Joint Venture shall terminate upon termination of this Agreement as soon as
the rules of termination are followed.
Dispute Resolution
The parties will attempt to settle any claim or controversy arising out of this Agreement or the subject
matter hereof through consultation and negotiation in good faith in a spirit of mutual cooperation.
Such matters will be initially addressed by the [ Company One-Name ] and the [ Company Two Name
], who shall use reasonable efforts to attempt to resolve the dispute through good faith negotiations
by telephone or in-person. They will use reasonable efforts to attempt to resolve the dispute through
good faith negotiations by telephone or in-person as may be agreed. If they fail to resolve the dispute
within thirty (30) days after it is referred to them and do not mutually agree to extend the time for ne-
gotiation, then the dispute will be submitted to arbitration in accordance with the procedure.
Government Law And Jurisdiction
This agreement and any disputes or claims arising out of or in connection with its subject matter are
governed by and construed in accordance with the law of [APPLICABLE JURISDICTION]. The parties
irrevocably agree that the courts of [APPLICABLE JURISDICTION] have exclusive jurisdiction to settle
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Joint Venture Agreement
Entire Agreement
The Parties acknowledge and agree that this Agreement represents the entire agreement between the
Parties. In the event that the Parties desire to change, add, or otherwise modify any terms, they shall
do so in writing to be signed by both parties.
Acceptance and Signature
By signing an agreement this document both the parties hereby accept all the terms and clauses men-
tioned in this Joint Venture Agreement.
[ Company One Name ] [ Company Two Name ]
[ Company One Signatory Name ] [ Company Two Signatory Name ]
[dd/mm/yy] [dd/mm/yy]
THANK YOU
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