British Columbia Joint Venture Agreement

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.