The joint venture partners form a company through which to run the joint venture. The agreement covers formation of the company by four joint venturers. The number can be varied to a greater or lesser number of parties. Includes
- Contributions of each party
- Issue of share capital and ownership of shares
- Composition of a board of directors
- Decision making procedures
- Management
- Financial reporting
- Transfer of shares
- Valuation of shares
- Exit of a party and disposal of shares
- Non-competition
- Confidentiality
- Dispute resolution
The parties may be either companies or natural persons. Fully formatted in Microsoft word, ready to download edit and use. 28 pages long.