Joint Venture Agreement
Purpose, contributions, and governance for a limited collaboration while each party stays a separate business.
What this contract contains
Preamble and parties.In the creator you enter each party, pick your side, and set the effective date. The parties remain separate businesses. Names the venture and each party. Choose your side in the creator.
Purpose.Keep the purpose narrow so the document does not read like a general partnership. In the creator you describe the collaboration in plain English. States the limited purpose of the venture. You write this in the creator.
Contributions and governance.In the creator you describe contributions and choose unanimous or majority approval for major venture decisions. Records what each party puts in and how major decisions are approved.
Intellectual property. Keeps background IP with its owner and splits jointly created IP.
Term and confidentiality. Runs until the venture is done or ended on notice, and limits use of shared information.
Governing law.Governing law and venue decide which state’s rules apply and where a dispute must be filed, or whether it goes to arbitration instead. In the creator you pick a listed jurisdiction or enter another, then choose court or arbitration so the sample is not locked to a default state. Sets the state law that governs the joint venture agreement and where disputes must be brought. Choose the jurisdiction in the creator.
General. Covers assignment limits, waiver rules, severability, entire agreement language, notices, and counterpart or electronic-signature execution language.
Signature blocks. Authorized signatory and title lines for each party, ready for wet-ink or e-signature fields.
