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Simple Joint Venture Agreement
"I need a Simple Joint Venture Agreement for a collaboration between my Singapore tech company and a European software developer, where we'll combine our expertise to develop AI solutions, with an expected launch date of March 2025 and equal capital contributions from both parties."
1. Parties: Details of JV partners including registration information
2. Background: Context and purpose of the joint venture
3. Definitions: Key terms used throughout the agreement
4. Business of the Joint Venture: Scope and nature of JV activities
5. Capital Contributions: Financial and non-financial contributions by parties
6. Management Structure: Governance and decision-making framework
7. Profit Sharing: Distribution of profits and losses
8. Term and Termination: Duration and termination provisions
1. Non-Competition: Restrictions on competing activities - use when parties operate in similar markets
2. Intellectual Property Rights: IP ownership and licensing - use when IP is central to JV operations
3. Employee Matters: Employment terms and secondment - use when JV will have dedicated staff
4. Foreign Investment Provisions: Foreign ownership compliance - use when foreign parties are involved
1. Business Plan: Detailed operational and financial projections
2. Capital Contribution Schedule: Detailed breakdown of parties' contributions
3. Management Structure Chart: Organizational structure and reporting lines
4. Key Performance Indicators: Metrics for measuring JV success
5. Initial Budget: First-year financial planning
Authors
Business
Business Day
Business Plan
Board
Capital Contribution
Commencement Date
Confidential Information
Directors
Effective Date
Initial Capital
Intellectual Property Rights
Joint Venture
JV Company
Management Committee
Material Breach
Parties
Profit Share
Related Corporation
Shareholders
Term
Territory
Transfer
Venture Assets
Formation of Joint Venture
Capital Contributions
Ownership Structure
Management and Control
Board Composition
Decision Making
Profit Distribution
Financial Matters
Confidentiality
Non-Competition
Intellectual Property
Transfer of Interests
Deadlock Resolution
Term and Termination
Exit Provisions
Force Majeure
Dispute Resolution
Governing Law
Warranties and Representations
Assignment
Notices
Costs and Expenses
Further Assurance
Entire Agreement
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