Use this template to prepare an international Joint Venture Agreement between two parties, each of which will contribute certain assets to the joint venture, such as tangible property, intellectual property, services and expertise. Provisions of the agreement include:

• The day-to-day operations will be managed either jointly or by one of the co-venturers as manager.
  
• Executive decisions and changes to the structure or objectives of the joint venture will be made jointly by the parties.
  
• Each party is liable to the joint venture for any delays or restrictions in the use of its contributed assets due to third party claims, defects or other problems.
  
• Provisions for dispute resolution, including the appointment of an arbitration tribunal.

This is a generic legal agreement in MS Word format, and can be used by international joint ventures.