Joint Venture Agreement Template
THIS JOINT VENTURE AGREEMENT (the “Agreement” or this “Joint Venture Agreement”), is made and entered into as of [Document.CreatedDate], by and between [Sender.Company], a state corporation, with a registered office located at [Sender.StreetAddress][Sender.City][Sender.State][Sender.PostalCode], and [Client.Company] , a state corporation, with a registered office located at [Client.StreetAddress][Client.City][Client.State][Client.PostalCode] (hereinafter sometimes referred to together as the "Parties" and individually as a "Party").
WHEREAS, “[Sender.Company]” is in the business of (add a corresponding business description), and
WHEREAS, “[Client.Company]” is in the business of (add a corresponding business description), and
WHEREAS, the Parties desire to establish a joint venture between them in order to collaborate in (add a corresponding joint venture description),
NOW, THEREFORE, in consideration of the foregoing, and of the mutual covenants and commitments set forth herein, the parties hereto agree as follows:
The joint venture formed by this Agreement (the “Joint Venture”) will conduct its business under the name (add a corresponding joint venture name), and will have its registered address at (add a corresponding address). The Joint Venture shall be considered a joint venture between the Parties in all respects, and in no event shall this Agreement be construed to create a partnership or any other fiduciary relationship between the Parties.
The Joint Venture shall be formed for the purpose of (provide a description of the products and/or services that the Joint Venture is concerned with, and the objective/purpose of the Joint Venture).