Joint Venture Agreement
Get your Joint Venture Agreement prepared
A Joint Venture Agreement (also known as a Joint Undertaking) is a contract between two or more parties who want to conduct business together for a period of time. Typically both ventures have an equal stake in the operation, though this isn’t mandated.
A Joint Venture Agreement should not be confused with a Partnership. A Partnership is a document that defines the way two or more parties will operate a business together. In fact a Joint Venture Agreement will usually specifically state that the parties are not entering into a Partnership.
Our lawyers can draft or review a JV Agreement. We will look at issues including:
- Business objectives
- Profit sharing
- Roles of parties
- Assigning intellectual property
- Defining performance indicators
- Defining parties’ contributions
OpenLegal is experienced with drafting JV Agreements for businesses, startups, and individuals. Contact us for a quote via the form on this page or call 1300 337 997.
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