Products tagged with 'joint venture agreement'

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Joint Venture Agreement for Rental Property

The business of the joint venture is limited to the acquisition, development, rental and management of the properties.
One of the joint venturers will hold title to the land as a bare trustee on behalf of all of the parties.
The agreement does not create a partnership between the parties.
Each joint venturer is entitled to receive revenues and will pay for the joint venture's expenditures in proportion to that party's respective interest.
Each party indemnifies the other parties against third party claims.
Funds required by the joint venture will be advanced equally by each of the joint venturers. If any party defaults in contributing funds, they will not be entitled to receive revenues until they have made their contribution.
Buying rental property with family or friends can involve financial and legal risks. Protect all parties by signing this Joint Venture Agreement.

$29.99

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.

$12.49

The client will supply the necessary equipment, and the developer will obtain all regulatory approvals required for manufacturing, selling, licensing and leasing the products.
The developer owns the background technology.
All products, documentation, inventions and developments created under the agreement belong jointly to both parties.
Either party may propose changes to the specifications, but no changes will be implemented unless agreed in writing by both parties.
The developer indemnifies the client against claims and losses.
The customer may terminate the agreement at any time, and the developer will have no claim for damages, losses, compensation or otherwise, except to the extent expressly provided in the Agreement.
This is a downloadable, fully editable legal contract template in MS Word format.

$29.99

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.

$29.99

The new foreign corporation will be formed solely for the purpose of the joint venture business.
Each of the joint venturers will hold shares in the new corporation.
Each of the co-venturers will contribute certain assets and take on responsibilities, such as arranging financing for the joint venture.
The parties will bear their own respective expenses.
If a binding formal agreement is not signed by the drop-dead date, the parties can terminate the negotiations without liability.
Available in MS Word format. Customizable and reusable.
This is a generic letter of intent template that can be used in many jurisdictions.

$11.99

The Letter of Intent summarizes the discussions between the parties with respect to the general structure of the venture corporation and the rights and obligations of the co-venturers.
The co-venturers will incorporate a new company solely to carry on the business of the joint venture.
The company will be managed by a board of directors consisting of nominees of each of the co-venturers.
Shareholder equity in the venture corporation will be apportioned on the same ratio as the investment made by each of the co-venturers in the joint venture.
The letter of intent itself is not legally binding, but rather it is a means of ensuring that both parties have the same understanding of the provisions before executing a formal, final and legally binding agreement.
This is a generic template which is not country specific and can be used anywhere.
Available in MS Word format.

$11.99