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    Software Development Joint Venture Agreement | Canada


    Set up a joint venture to develop new software applications with this Canada Software Development Joint Venture Agreement.

    • The Agreement is between a software developer and a client who will invest in the project.
    • The parties agree to form a corporation which will issue shares to the joint venturers proportionate to their investment.
    • For tax purposes, the relationship is deemed to be a joint venture, not a partnership.
    • The agreement contains:
      • provisions setting out how the business and affairs of the joint venture will be managed;
      • provisions for one joint venturer to buy out the interest of another if an event of default occurs.
    • Each co-venturer will be free to continue their own business activities separately and apart from the joint venture, unless the activities directly compete with the business of the joint venture.
    • This Software Development Joint Venture Agreement is governed by the laws of Canada and can be used in any province or territory except Quebec.
    Download Type: Microsoft Word
    Last Updated: 20-September-2018
    SKU: 6419