Drafting Joint Ventures

Joint Venture Agreement Drafting

We can assist in drafting comprehensive joint venture agreements.

A joint venture agreement is a legally binding document that sets the terms and conditions for the relationship between two business entities. Joint ventures open businesses up to new markets, skills, and expertise. It provides a business with greater financial independence to carry out its tasks. Our joint venture contract drafting services include both contractual and general partnership agreements. Within a contractual agreement two separate business entities agree to collaborate on a business project and within a general partnership two business entities come together and are jointly liable for the business.
Joint venture agreements are comprehensive documents that differ on a case-to-case basis. However, all joint venture agreement drafting must include certain key features such as the type of joint venture and its details, including its name, address, and purpose. The agreement must also include the start and end date of the venture. The member duties and obligations are another important feature that must be included in the agreement as well as the management duties, voting rights and details, contributions, and liabilities of all parties involved. Lastly, it is prudent to include non-compete and non-disclosure clauses in the agreement as well.
Our team at LegalWorks can provide joint venture legal consultation services and assist in creating a comprehensive joint venture agreement that fits your business needs and is adaptable.
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