Partnerships and Joint Ventures
Set up a general or limited partnership, joint venture or business alliance with these affordable easy-to-use Partnership and Joint Venture Forms.
A general partnership is a business arrangement in which two or more parties pool their resources and do business together under a single name and business identity. Setting up a partnership is an easy, lower-cost alternative to incorporating. The partners share responsibility for managing the partnership's affairs.
A limited partnership is an arrangement between several limited partners (investors) and a general manager who manages the business and is personally liable for the obligations of the partnership. The liability of the limited partners is limited to the amount of their investment, so long as they are not involved in managing the partnership.
A joint venture is a business relationship between two or more parties which is in essence a short fixed-term partnership, put together for a specific project or objective. Each of the joint venturers contributes expertise, capital and/or assets to the venture.
Software Development Partnership Agreement | USA
Set up a strategic partnership to develop and market software apps in the USA with this comprehensive Software Development Partnership Agreement.
- The partners will work together to develop, implement, market and provide ongoing support for the software.
- One of the partners will have primary responsibility for development of the software, and the other will have primary responsibility for marketing and selling the final product. However, both parties will be required to expend sufficient time and effort in all areas.
- Each partner will have equal rights in managing the business, but neither partner has the authority to act on behalf of the other partner.
- Revenues will be deposited into an operating account from which partnership expenses will be paid. Profits will be distributed to the partners at regular intervals.
- Each partner is responsible for paying their own taxes and remittances.
- The Agreement contains two alternate sets of clauses for ownership of the intellectual property - one for joint ownership and one for individual ownership.
- The file also contains confidentiality and non-competition provisions.
- This USA Software Development Partnership Agreement template is provided in MS Word format, and is fully editable to fit your specific circumstances.
Subscription for Limited Partnership Units | Canada
Sell units in a limited partnership with this Subscription form and power of attorney for subscribers to a Canadian limited partnership.
- Each subscriber for units in the partnership must complete and return the forms to the general partner, along with payment of the subscription price.
- The power of attorney gives the general partner the authority to sign the partnership documents on behalf of the subscriber.
- The forms are completely editable and can be used as often as required.
- This is a downloadable legal form in MS Word format which can be reused as often as you require.
- Intended to be used only in Canada.
