Two businesses work together without a new company. Answer a few plain-English questions and Scorpia drafts the complete document for your situation, checks it with a second review pass, and shows you a free preview before you pay anything.
Draft my joint venture contractual — free preview →CONTRACTUAL JOINT VENTURE AGREEMENT
__________ and __________ | Effective: __________
THIS JOINT VENTURE AGREEMENT (the "Agreement") is entered into on __________
BETWEEN:
(1) __________, a company incorporated in England and Wales with company number __________, whose registered office is at __________ ("Party A"); and
(2) __________, a company incorporated in England and Wales with company number __________, whose registered office is at __________ ("Party B").
Party A and Party B are referred to individually as a "Party" and collectively as the "Parties".
1. DEFINITIONS AND INTERPRETATION
(1.1) In this Agreement:
(a) "Business Day" means any day other than Saturday, Sunday or a public holiday in England and Wales;
(b) "Confidential Information" has the meaning given in clause 13;
(c) "Intellectual Property Rights" means all patents, trade marks, service marks, registered designs, copyrights, database rights, design rights, know-how, trade secrets and all other intellectual property rights, whether or not registered, existing anywhere in the world;
(d) "Joint Venture" means the contractual joint venture established under this Agreement;
(e) "JV Account" means the dedicated bank account to be opened in accordance with clause 6;
(f) "JV Profits" means the net profits of the Joint Venture after deduction of all JV Costs;
(g) "Project" means __________;
(h) "Term" has the meaning given in clause 4.
(1.2) Unless the context requires otherwise, references to "writing" include email and other electronic communications.
2. FORMATION OF JOINT VENTURE
(2.1) The Parties agree to enter into a contractual joint venture for the exclusive purpose of carrying out the Project on the terms and conditions set out in this Agreement.
(2.2) This Agreement does not create a partnership, limited partnership or any other legal entity between the Parties. Each Party retains its separate corporate identity and neither Party shall have authority to act as agent of, or to bind, the other Party except as expressly set out in this Agreement.
(2.3) Neither Party shall hold itself out as agent or partner of the other Party to any third party.
A complete document. You answer questions in plain English and Scorpia drafts every clause to match your answers, then a second review pass checks it before you see it. Nothing is left as a blank to fill in unless you chose to leave it for later.
The law of England and Wales by default; Scotland and Northern Ireland are available where the document type exists there. The drafting notes behind each template are kept current with UK law.
Your first document is a free preview: you read the opening section before paying anything. Unlock the full document for £9, or take a plan from £15 a month if you need several. No subscription is needed for a single document.
Yes. Once unlocked, you edit every word online, add your logo, sign on the page and send the other party a private signing link, or export to Word and PDF.
No. Scorpia is software that drafts and checks documents. It is not a law firm and does not give legal advice. For a dispute, a company sale or anything unusual, use a solicitor.