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Joint Venture Agreement

Formalises collaboration between two or more entities on a specific project or venture.

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Joint Venture Agreement: Define Terms for Strategic Collaboration

A Joint Venture Agreement sets the foundation for a business collaboration between two or more parties on a shared commercial goal. With Bind, you can create a tailored agreement that defines the roles, responsibilities, and structure of your joint venture clearly and securely.

Parties and Purpose
Identifies the parties and outlines the shared business objective—for example, developing and marketing AI products.

Formation of Entity
Details the creation of a new legal entity, including the company name, legal form, and office location.

Contributions
Lists what each party will contribute to the venture—such as IP, capital, or resources.

Ownership and Profit Sharing
Defines the ownership split and how profits and losses will be allocated based on that ownership.

Management Structure
Outlines how decisions will be made, including board composition and appointment of key roles.

Term and Exit Options
Specifies the duration of the agreement and how either party can exit the venture.

Indemnification and Confidentiality
Ensures each party is protected from liabilities caused by the other, and that all proprietary information is kept confidential.

Dispute Resolution
Provides a clear path for resolving disagreements, including arbitration if needed.

Governing Law
Specifies the jurisdiction country for legal interpretation and dispute resolution.

With Bind, you can instantly eSign your Joint Venture Agreement and invite the other party to do the same—ensuring the collaboration starts with legal clarity and trust.

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