It is easy to disregard the need for a written contract when you are full of enthusiasm, eager to begin and confident that nothing will go wrong.
But what if things don’t pan out as planned?
Maybe the other partner doesn’t really have the skills they say they do, or the market changes suddenly or you decide that you want to buy your partner out or vice versa?
By thinking ahead and addressing these kinds of scenarios – you will minimise your risk and provide the ground rules for managing potential problems, which ultimately makes for a much more secure partnership.
This standard joint venture agreement defines the terms and conditions under which the parties record their interest and forms the basis of the collaboration.
It will provide you with strong legal recourse should a misunderstanding arise and/or the other parties fails to fulfil its obligations while under contract.
This Joint Venture Agreement is available for immediate download and is provided to you as a Microsoft Word document.
Simply insert the correct information, Save and Print.
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