Agreement to Dissolve Joint Venture

Dissolve a joint venture with this downloadable Joint Venture Dissolution Agreement.

  • This type of legal contract is typically used to terminate a joint venture when there will be ongoing rights or obligations after the venture has wound up, such as licensing or distribution income, outstanding costs and obligations to be settled, etc.
  • The venturers will sell the remaining assets and distribute the proceeds in accordance with a formula based on their capital contributions.
  • Future income (from licensing, distribution, sale of products, etc) will be shared equally.
  • Any future liability or expense will be borne equally by the co-venturers.
  • The co-venturers shall jointly own any intellectual property rights as tenants in common.
  • The co-venturers have a right of first refusal to acquire the intellectual property rights of any co-venturer wishing to sell his interest.
  • This is a generic legal form which can be used in most countries.
  • This Agreement to Dissolve Joint Venture template is fully editable and can be easily customized to meet your business needs.
Document Type: Microsoft Word
Last Updated: 29-October-2024
SKU: 236
$12.49