Letter of Intent to Form 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.

Set up an international joint venture between two or more parties with this International Joint Venture Agreement template.

• Contributions of Parties. Each of the joint venturers will contribute certain assets to the joint venture, such as tangible property, intellectual property, services and expertise.
• Management. The day-to-day operations will be managed either jointly or by one of the co-venturers as manager. Executive decisions and changes to the structure or objectives of the joint venture will be made jointly by the parties.
• Liability of Co-Venturers. Each co-venturer is liable to the joint venture for any delays or restrictions in the use of its contributed assets due to third party claims, defects or other problems.
• Dispute Resolution. Provisions for dispute resolution, including the appointment of an arbitration tribunal.

This International Joint Venture Agreement template is fully customizable to fit your business needs.

Negotiate the terms to set up a joint venture for a manufacturing facility in this Letter of Intent template.

• Parties. The parties in the joint venture are (i) the developer of certain products and technology, and (ii) a manufacturer with an existing plant which will be redeveloped and retrofitted to produce the products in exchange for a royalty on each sale.
• Management. The joint venturers plan to organize a limited liability company (LLC) to oversee and manage the operations, and the LLC will be managed by the plant owner.
• Technology and Resources. The developer will license technology and intellectual property to the LLC, and will provide plant employees. Technological, process and design improvements will be owned by the LLC for its duration.
• Confidentiality. The parties agree to keep all information confidential, and to continue to negotiate in good faith until either a definitive agreement is executed or the letter of intent expires.
• This Letter of Intent for Manufacturing Joint Venture is a generic template which is not specific to any country or region.