Newfoundland Joint Venture Agreement

Set up a joint venture with this fully editable Joint Venture Agreement template for Newfoundland and Labrador.

• One of the co-venturers will be named as manager of the joint venture, and will receive a management fee for providing such services.
• Upon the death of a co-venturer, their interest will automatically pass to their spouse or children.
• Each co-venturer has a right of first refusal and piggyback rights on the interest of the other parties, in the event of a sale or transfer.
• Any co-venturer may exercise a shot-gun (buy-sell) provision with respect to the interest of another co-venturer.