Joint Venture Agreement Style 29

This is a basic joint venture agreement for parties who wish to pursue a joint business venture. You can download this for free, but you should consult with a business attorney to customize this basic joint venture agreement more to your unique situation. If you are considering a joint venture with another company, it is always a good idea to talk to a lawyer as part of your process. Sale option to satisfy deadlockIf a member cannot come to an agreement during the term of the contract and reach deadlock, a sales option is included in the contract. This agreement basically states that the other member can choose to buy the other's portion of the venture. PandaTip: While you have your contributions during formation, you also need to execute the Joint Venture business. That said, what do you see as the responsibilities of the parties? ----Brought to you by - The 'Lectric Law Library The Net's Finest Legal Resource For Legal Pros & Laypeople Alike. The Articles of Association regulate the interaction between shareholders and the directors of a company and can be a lengthy document of up to 700,000+ pages. It deals with the powers relegated by the stockholders to the directors and those withheld by them, requiring the passing of ordinary resolutions, special resolutions and the holding of Extraordinary General Meetings to bring the directors' decision to bear.

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Joint Venture Agreement Style 29

6.3 The Policy Committee shall determine the policy for the management of the joint venturer by majority vote and, as used in this Agreement, a “majority vote” is defined to be any figure greater than one-half of the authorized votes. The venture can be a business JV (for example, Dow Corning), a project/asset JV intended to pursue one specific project only, or a JV aimed at defining standards or serving as an “industry utility” that provides a narrow set of services to industry participants. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are “co-venturers”. The venture can be a business JV (for example, Dow Corning), a project/asset JV intended to pursue one specific project only, or a JV aimed at defining standards or serving as an “industry utility” that provides a narrow set of services to industry participants.

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Business Formation
Business Management
Business Operations
Business Property
Client and Customer
Construction
Employment
Event
Event & Project Management
Financial
Financial Management
Finder's Fee Agreement
Human Resources
Inventory
IT Project Management
Manufacturing
Personal & Family
Personal Lists, Tracker & Calculator
Real Estate
Website & Services
Will & Estate Planning
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Excel
Word

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