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How do you draft a joint venture agreement?

The date of the establishment of your agreement. The parties involved in the venture. The business name of the joint venture. A description of the project the venture is purposed for. Financing and accounting details.

What should be included in a joint venture agreement?

Business location. The type of joint venture. Venture details, such as its name, address, purpose, etc. Start and end date of the joint venture. Venture members and their capital contributions. Member duties and obligations. Meeting and voting details.

What does a joint venture agreement look like?

A joint venture, even if it's between two small businesses, should have at a minimum this sort of written agreement. ... The agreement should spell out the details of the purpose, how the two (or more) parties share in profits and losses, and how the parties share in making decisions about the joint venture.

What are some examples of joint ventures?

Examples of joint ventures include: Vodafone & Telefónica agreed to share their mobile network. BMW and Toyota co-operate on research into hydrogen fuel cells, vehicle electrification and ultra- lightweight materials. West Coast \u2013 joint venture between Virgin Rail & Stagecoach. Google and NASA developing Google Earth.

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