JOINT VENTURE PROJECT BUNDLE
Do you need a Joint MOU and a Joint Venture Agreement? This Bundle has grouped the two agreements, together with a project scope precedent and offers a discount.
A Joint Venture can be defined as a venture or project, whereby 2 or more parties combine their resources to make a profit. A Joint Venture can be in the form of a company or contractual (a partnership). This Joint Venture forming part of this Bundle is a Joint Venture (Partnership – contractual Joint Venture). If you wish to use a company, our Shareholders Agreement can be used.
With a Joint Venture Project, Joint Ventures usually require several documents, such as:
(1) A Memorandum of Understanding (MOU): To be used as a precursor to the definitive Joint Venture Agreement. The MOU, IS A BINDING DOCUMENT),but only binds the parties to the terms set out in the MOU and not the Definitive final Joint Venture Agreement. The MOU therefore provides, that subject to certain conditions, certain high level terms will be agreed. It allows parties to negotiate freely without a binding joint venture contract and to conduct a due diligence or other steps as may be required for a party to ascertain, whether that Joint Venture is feasible. The MOU, only contains a high level terms to be agreed, if the conditions are met.
(2) The Definitive Joint Venture Agreement: Once the parties have finalized the Due Diligence Investigation and/or a feasibility study and are happy with the results, the Parties will conclude the Joint Venture Agreement.
This Bundle consists of:
The Joint Venture Agreement sets out:
(1) The details of the Parties, (2) The Parties contributions, (3) The share in profits & losses, (4) The management of the Joint Venture, (5) Funding of the Working Capital – whether by the partner or external (by banks), (6) Confidentiality / Non-Competition / Non-Solicitation, (7) a breach by a partner, (8) the sale of a partner’s participation interest in the partnership, (9) the dissolution of the Partnership
IN THIS BUNDLE YOU CAN CHOOSE TO PURCHASE BOTH THE MOU AND THE JOINT VENTURE AGREEMENT TOGETHER AND AT A DISCOUNTED RATE
TO PURCHASE, ADD TO BASKET – CHECKOUT. ONCE YOU HAVE AN ACCOUNT, YOU CAN ACCESS YOUR FILE AT ANY TIME AND FROM ANY DEVICE.