Software Development Joint Venture Agreement | Canada

The Agreement is between a software developer and a client who will invest in the project.
The parties agree to form a corporation which will issue shares to the joint venturers proportionate to their investment.
For tax purposes, the relationship is deemed to be a joint venture, not a partnership.
The agreement contains:
- provisions setting out how the business and affairs of the joint venture will be managed;
- provisions for one joint venturer to buy out the interest of another if an event of default occurs.
Each co-venturer will be free to continue their own business activities separately and apart from the joint venture, unless the activities directly compete with the business of the joint venture.
This Software Development Joint Venture Agreement is governed by the laws of Canada and can be used in any province or territory except Quebec.

Document Type:

Microsoft Word

Last Updated: 20-September-2018

SKU: 6419

$29.99

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Letter of Intent for Software Development Partnership

Key discussion points between the parties include ownership of the final software products; confidentiality; each partner's responsibilities with respect to developing, marketing and advertising of the products; and revenue splitting.
The letter of intent is not intended to be legally binding upon the parties except to the extent of the discussions between them.
This is a generic template which is not country specific and can be used anywhere.
Available in MS Word format and fully editable.

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The partners agree to work together to develop, implement, market and provide ongoing support for the software.
The partners will work together to develop, implement, market and provide ongoing support for the software.
One of the partners will have primary responsibility for development of the software, and the other will have primary responsibility for marketing and selling the final product. However, both parties will be required to expend sufficient time and effort in all areas.
Both parties will have equal rights in managing the business, but neither partner has the authority to act on behalf of the other partner.
Revenues will be deposited into an operating account from which partnership expenses will be paid. Profits will be distributed to the partners at regular intervals.
Each partner is responsible for paying their own taxes and remittances.
The Agreement contains two alternate sets of clauses for ownership of the intellectual property - one for joint ownership and one for individual ownership.
The file also contains confidentiality and non-competition provisions.
The Agreement is governed by Canadian intellectual property laws.
The document is available as a MS Word template and is fully editable to fit your unique needs.

$17.99