Diversity Jurisdiction – Federal courts’ right to hear lawsuits based upon non-federal claims; parties must be from different states and the amount in controversy over $50,000. 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. 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. Real Estate Investors can get real estate contracts, rental agreements, and wholesale property forms here. Assignment of Contract, Bird Dog Agreement, Property Finder Contracts, and more are the main wholesaling contracts you will be able to download from our website. An Affiliate of an entity is a person that, directly or indirectly through one or more intermediaries, controls, is controlled by or is under common control of such entity. Vevo only hosts music videos from both Universal Music Group and Sony Music Entertainment syndicated on YouTube and its website, with Google and Vevo sharing advertising and similar benefits. EMI also licensed its library of videos for Vevo shortly before its launch and its acquisition by UMG in 2012.