Set up a business joint venture in British Columbia with this template Joint Venture Agreement.
- One of the joint venturers will be responsible for management of the joint venture, and will be paid a management fee for providing such services.
- No joint venturer may transfer its interest without the consent of the other joint venturers, except in the death of a joint venturer, when his/her interest will automatically pass to their spouse or children.
- Each joint venturer has a right of first refusal and piggyback rights on the interest of the other parties, in the event of a sale or transfer.
- Any joint venturer may exercise a shot-gun (buy-sell) provision with respect to the interest of another joint venturer.
This British Columbia Joint Venture Agreement
is available as a downloadable Microsoft Word file which is fully editable to meet your needs.