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    Agreement to Dissolve Joint Venture


    Dissolve a joint venture with this downloadable Joint Venture Dissolution Agreement.

    • This type of legal contract is typically used to terminate a joint venture when there will be ongoing rights or obligations after the venture has wound up, such as licensing or distribution income, outstanding costs and obligations to be settled, etc.
    • The venturers will sell the remaining assets and distribute the proceeds in accordance with a formula based on their capital contributions.
    • Future income (from licensing, distribution, sale of products, etc) will be shared equally.
    • Any future liability or expense will be borne equally by the co-venturers.
    • The co-venturers shall jointly own any intellectual property rights as tenants in common.
    • The co-venturers have a right of first refusal to acquire the intellectual property rights of any co-venturer wishing to sell his interest.
    • This is a generic legal form which can be used in most countries.
    • This Agreement to Dissolve Joint Venture template is fully editable and can be easily customized to meet your business needs.
    Download Type: Microsoft Word
    Last Updated: 25-May-2021
    SKU: 236