Joint Venture Agreement 2 Template

This joint venture agreement 2 template has 3 pages and is a MS Word file type listed under our legal agreements documents.

Sample of our joint venture agreement 2 template:

JOINT VENTURE AGREEMENT This Joint Venture Agreement (the "Agreement") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Joint Venturers"), corporations organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with their head office located at: [YOUR COMPLETE ADDRESS] BETWEEN: [JOINT VENTURERS NAMES] (the "Joint Venturers"), corporations organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with their head office located at: [JOINT VENTURERS ADDRESS] AND: [AGENT NAME] (the "Agent"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [AGENT ADDRESS] RECITALS The Joint Venturers have agreed to make contributions to a common fund for the purpose of acquiring and holding: [name and describe], called the business interest. The Joint Venturers consider it advisable to acquire and hold their business interest through a nominee so as to avoid the necessity of numerous separate agreements, to maintain the legal title to the business interest in a simple and practicable form and to facilitate the collection and distribution of the profits accruing under the business interest, and has agreed to act as nominee of the Joint Venturers with the understanding that he is also acquiring a participating interest in this joint Venture on his own account, It is therefore agreed: Purpose The Joint Venturers form this joint Venture to acquire and hold the business interest in common and to provide the finances required for its acquisition. To the extent set forth in this Agreement, each of the Joint Venturers shall own an undivided fractional part in the business. The Joint Venturers appoint as their Agent [name], whose duty shall be to hold each of the undivided fractional parts in the business interest for the benefit of and as Agent for the respective Joint Venturers. Contributions The Agent acknowledges that he has received from each of the Joint Venturers, for the purpose of this joint Venture, the sum set after the name of each Joint Venturer as follows: [Contribution and Name of Joint Venturers] Acquisition of Business Interest