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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.
$12.49
Joint Venture Agreement to Develop Products | Canada
Set up a joint venture to develop and market products in Canada with this template Joint Venture Agreement.
- The joint venture is formed between a party who owns proprietary rights in the products and one or more other parties who will raise the capital for developing, marketing and distributing the products through the sale of shares of stock.
- One of the joint venturers will manage the business of the joint venture and act as trustee and agent on behalf of all of the joint venturers.
- The owner of the products will provide consulting services as required, and will be paid a consulting fee.
- Available in MS Word format, fully editable.
- Governed by Canadian laws.
$29.99
Letter of Intent to Form Joint Venture
Set out the terms on which a joint venture enterprise will be established in this generic Letter of Intent to Form Joint Venture.
- 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