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Joint Venture Agreement Template
What is a joint venture agreement?
A joint venture agreement sets the terms on which two businesses collaborate on a specific project or new business: contributions, control, profit sharing, IP ownership and exit.
When you need one
- Two companies pooling resources for a project
- Entering a new market with a local partner
Key clauses included
- Scope and objective
- Contributions of each party
- Governance and management committee
- Profit and cost sharing
- IP created by the venture
- Exclusivity
- Term, exit and wind-down
What the template covers
- Purpose and Scope
- Contributions
- Management
- Costs and Revenue
- Intellectual Property
- Exclusivity
- Confidentiality
- Limitation of Liability
- Term and Exit
- General
- Governing Law and Disputes
- Schedule 1: Contributions and Timetable
- Schedule 2: IP Arrangements
How to use it
- Buy and download the editable Word file.
- Fill in the brackets: names, dates, fees, scope and governing law. Delete options that don't apply.
- Check it against local law, and have a lawyer review it for high-value deals.
- Sign it on paper or with any e-signature tool.
Frequently asked questions
What format is the template in?
You get an editable Microsoft Word (.docx) file that also opens in Google Docs, Pages and LibreOffice.
Can I use this template in my country?
The templates are written for international use with placeholders for governing law and local details. Contract law differs between countries and states, so check the final document against local law, especially for employment and consumer contracts.
Is this legal advice?
No. A template is a starting point, not advice on your situation. For high-value or unusual deals, have a lawyer review the completed document.
How do I receive the file?
Right after payment you are taken to a download page, and PayPal emails you a receipt. Keep the download page link to download the file again.
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