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 Joint Venture Agreement
Set up a joint venture to create new software apps with this downloadable Software Development Joint Venture Agreement.
- The parties will form a corporation which will issue proportionate numbers of shares to the co-venturers.
- The relationship will be a joint venture, not a partnership.
- Provisions governing management of the business and affairs of the joint venture.
- Provisions for buying out the interest of a venturer in the event of default.
- This is a generic legal document which does not contain direct references to the laws or regulations of any specific country.
- This Software Development Joint Venture Agreement template can be easily customized to fit your particular circumstances.
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.
Software Development Joint Venture Agreement | USA
Set up a joint venture between a software developer and a client with this USA Software Development Joint Venture Agreement template for US based businesses.
- The parties will form a corporation which will issue proportionate numbers of shares to the co-venturers.
- The relationship will be a joint venture, not a partnership.
- The contract sets out how the business and affairs of the joint venture will be managed.
- The document also contains a mechanism for one co-venturer to buy out the interest of another in the event of default.
- This Software Development Joint Venture Agreement is governed by the laws of the United States.
- This is a downloadable template that can be easily modified and customized to fit your unique business needs.
Software Development Partnership Agreement | Australia
Develop and market software products with a partner under this comprehensive Partnership Agreement for Australian software developers.
- The partners agree to work together to develop, implement, market and provide ongoing support for the software products.
- One partner will have primary responsibility for development of the software and the other will have primary responsibility for marketing and selling the final product. Both parties will be required to expend sufficient time and effort in all areas.
- The partners 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 document also contains confidentiality and non-competition provisions.
- This Agreement is governed by the laws of Australia and can be used in any state or territory.
- The form is available as a MS Word template and is fully editable to fit your unique circumstances.
Software Development Partnership Agreement | Canada
Create a strategic partnership to develop and market software apps in Canada with this Software Development Partnership Agreement template.
- The partners agree to work together to develop, implement, market and provide ongoing support for the software.
- 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.
- Both parties 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.
- The Agreement is governed by Canadian intellectual property laws.
- The document is available as a MS Word template and is fully editable to fit your unique needs.
Software Development Partnership Agreement | UK
Set up a strategic partnership to develop and market software apps in the UK with this comprehensive Software Development Partnership Agreement.
- The Agreement is between two parties who will work together to develop, implement, market and provide ongoing support for the software.
- One of the partners will have primary responsibility for software development, and the other will have primary responsibility for marketing and selling the final product. Both partners 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 from sales of the software will be distributed to the partners at regular intervals.
- Each partner is responsible for paying their own taxes and remittances.
- Contains alternative clauses for joint ownership and individual ownership of intellectual property.
- Also contains confidentiality and non-competition provisions.
- This legal contract is governed by English laws.
- The template is provided in MS Word format and can be easily modified to fit your unique circumstances.
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.
UK Joint Venture Agreement
Create a joint venture between UK companies with this Joint Venture Agreement template for the United Kingdom.
- The Agreement does not set up a partnership between the parties.
- The profits and losses of the joint venturers will be allocated among the venturers in proportion to their respective capital contributions.
- One of the joint venturers will manage the business and will be paid a fee for his/her services, and be reimbursed for all reasonable expenses incurred.
- Each of the venturers will use all reasonable endeavours to promote the business of the joint venture.
- Each of the venturers is responsible for keeping confidential any information of a proprietary nature with respect to the joint venture or the other venturers.
- Intellectual property contributed for the benefit of the joint venture remains the property of the contributing party.
UK Partnership Agreement
Set up a partnership in the UK with this easy-to-use Partnership Agreement template.
- New partners may only be admitted with the unanimous approval of the founding partners.
- If cash flow is insufficient to meet the business' needs, the partnership can call upon the partners to purchase additional units to provide the required additional cash.
- Operating profits and losses and taxable operating profits and losses will be allocated to the partners pursuant to the Partnership Act.
- Capital profits and losses and taxable capital profits and losses will be allocated up to the amounts of available cash distributed to the partners in excess of cumulative net operating profits. Available cash will be distributed yearly.
- The partners will participate equally in the management of the partnership, but will not receive a salary as compensation for management services.
- The partnership will terminate upon the death, bankruptcy or incompetency of a partner.