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Unincorporated Joint Venture Agreement
"Need an Unincorporated Joint Venture Agreement for a collaboration between my tech company and a manufacturing firm in Singapore to develop and produce smart home devices, with equal profit sharing and an initial term of 3 years starting January 2025."
1. Parties: Identification and details of all JV participants
2. Background: Context and purpose of the joint venture
3. Definitions: Key terms used throughout the agreement
4. Scope and Objectives: Detailed description of JV activities and goals
5. Contributions: Assets, capital, resources contributed by each party
6. Management and Control: Decision-making processes and governance structure
7. Profit Sharing: Distribution of profits and losses
8. Term and Termination: Duration and exit provisions
1. Intellectual Property Rights: IP ownership and licensing provisions - include when JV involves creation or use of IP
2. Non-Competition: Restrictions on competitive activities - include when parties operate in same industry
3. Employment Matters: Staff arrangements and responsibilities - include when JV will have employees
4. Foreign Investment Provisions: Compliance with foreign investment laws - include when foreign parties are involved
1. Business Plan: Detailed operational and financial projections
2. Contribution Schedule: Detailed list of each party's contributions
3. Management Procedures: Detailed governance and decision-making procedures
4. Asset Register: List of JV assets and ownership details
5. Key Personnel: List of key staff and their roles
Authors
Business
Business Day
Business Plan
Commencement Date
Confidential Information
Contributions
Default Event
Effective Date
Force Majeure Event
Initial Contribution
Intellectual Property Rights
Joint Venture
Joint Venture Assets
Joint Venture Committee
Joint Venture Interests
Joint Venture Property
Management Committee
Material Breach
Objectives
Operating Costs
Participating Interest
Parties
Project
Project Account
Related Corporation
Representative
SGD
Shared Facilities
Term
Territory
Transfer
Venture Period
Working Capital
Formation of Joint Venture
Scope and Objectives
Duration and Term
Contributions
Capital and Funding
Management and Control
Decision Making
Profit Sharing
Accounting and Records
Bank Accounts
Intellectual Property Rights
Confidentiality
Non-Competition
Non-Solicitation
Representations and Warranties
Default
Force Majeure
Termination
Exit Provisions
Assignment and Transfer
Dispute Resolution
Governing Law
Notices
Further Assurance
Costs
Entire Agreement
Severability
Amendments
Counterparts
Third Party Rights
Data Protection
Anti-Corruption
Insurance
Indemnification
Business Name and Branding
Compliance with Laws
Tax Matters
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