A Joint Venture Agreement Form is used for a treaty between two companies that agree to share their resources such as their finances, personnel, patents, and facilities to accomplish a certain task. This agreement is sometimes referred to as a shareholder’s agreement. Companies need to have this form before granting passage to the other party for legal purposes and for security so that their benefits and deals will not be compromised.
Scan through our website for samples of Joint Venture Agreement Forms and feel free to view and download these files in MS Word format (.doc) and in portable document file format (.pdf).
Real Estate Joint Venture Agreement Form
Texas Joint Venture Agreement Form Example
Challenge Joint Venture Agreement Form
Model Joint Venture Agreement Form Sample
Importance of Having a Joint Venture Agreement Form
If you plan to share your stocks to another company, you should always use a Joint Venture Agreement Form. Why? Here are two main reasons for the importance of these forms:
- You will know what you’ll have. The facilities and personnel of both parties will be stated in the agreement wherein each company may use each other’s expertise.
- Financial security. Written in the agreement is the amount of financial resources to be shared, and this emphasizes that both companies can benefit from their savings. Also, the risk of financial drawbacks will be lesser since the advisers of each company will help hand in hand to reach their success.
Quick Tips in Making a Joint Venture Agreement Form
- Be flexible. Open your mind to suggestions from the opposing company and also speak out your thoughts.
- Include the name of both companies. Put the corporation and the partnerships with their contact details and complete company address.
- Emphasize the purpose. State why you need to partner with that company and what help you could give to them.
- Mark the resources. Be clear with what company resources you are willing to share and state the limitations of each.
- Mind the date. There are some contracts that have end dates. If your project will be finished in a year, you may indicate in the agreement form that you will want to end the contract on that specific day.
You may also download Contractor Agreement Forms from our website. Just click on the highlighted texts and choose what suits you.
Free Joint Venture Agreement Form
Construction Joint Venture Agreement Form Example
Partnership Joint Venture Agreement Form
Project Joint Venture Agreement Form Sample
Vital Parts of a Joint Venture Agreement Form
- Purpose of the Agreement. This is where you’ll find the reason why you are entering into a Joint Venture Agreement.
- The Purchaser. This portion should state who among the two parties will give greater purchase.
- Terms and Conditions. This is where two parties will specify their actions in accordance to the agreement. The two should be prepared in some situations like failure in transacting business and other drawbacks. The decisions should be clearly emphasized in this area so that there will be a reference when such incidents happen.
- Key Phrases. This is where uncommon terms and company jargon will be enumerated and defined so that both will understand the words used in the agreement.
- Obligations. This area includes the responsibilities in the finances, operations, and sales of the two companies.
- Monetary Allocations. This states the ratio of the financial shares, whether it is in a 40/60 or 50/50 allocation. It depends on how much the company is willing to give and take.
With all those legal entities in this Joint Venture Agreement Form, we assure you that your transaction with a partner company will be at ease with the use of our sample templates.
We also have Purchase Agreement Forms on our website that are available for download in .doc and .pdf formats.
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