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.