Product tags
Related products
Agreement to Dissolve Joint Venture
Dissolve a joint venture with this downloadable Joint Venture Dissolution Agreement.
- This type of legal contract is typically used to terminate a joint venture when there will be ongoing rights or obligations after the venture has wound up, such as licensing or distribution income, outstanding costs and obligations to be settled, etc.
- The venturers will sell the remaining assets and distribute the proceeds in accordance with a formula based on their capital contributions.
- Future income (from licensing, distribution, sale of products, etc) will be shared equally.
- Any future liability or expense will be borne equally by the co-venturers.
- The co-venturers shall jointly own any intellectual property rights as tenants in common.
- The co-venturers have a right of first refusal to acquire the intellectual property rights of any co-venturer wishing to sell his interest.
- This is a generic legal form which can be used in most countries.
- This Agreement to Dissolve Joint Venture template is fully editable and can be easily customized to meet your business needs.
$12.49
Asset Purchase Agreement for Franchise | Canada
Sell the assets of a franchise business to a new franchisee with this Asset Purchase Agreement for Canadian franchises.
- The purchaser will purchase the assets of the franchise business, including inventory, parts and any equity the vendor has in the leased equipment.
- The purchaser will assume the responsibilities of a franchisee under the main Franchise Agreement with the franchisor.
- The purchaser is not obligated to assume or perform any obligation of the vendor except for the equipment leases which the purchaser has accepted prior to closing.
- The purchaser will assume the premises lease from the vendor.
- The purchase price is (i) cost less depreciation for inventory for inventory and (ii) actual cost for parts.
- The Asset Purchase Agreement is governed by Canadian laws. It does not contain references to specific provincial franchising laws and regulations and can be modified for use in most provinces and territories of Canada except for Quebec.
$29.99