Team up for a shared goal - without confusion. These Joint Venture templates define contributions, ownership split, decision rights, profit-sharing, governance, and exit paths in simple terms. Each file is editable in Word (.docx) and includes a sleek cover page. Use them for new products, market entries, or one-off projects where partners share risk and reward. Choose a template below, set who decides what, and agree on how money (and IP) is handled before the work starts.
Clear rules for ownership, capital calls, management, voting thresholds, profit/loss distribution, IP handling, and dissolution.
Pooling distribution, tech/IP, manufacturing, or capital with another party when a simple vendor contract isn’t enough.
Ownership & contributions
Board/manager roles; super-majority items
Profit distribution & cash calls
Foreground vs. background IP
Buy-sell, deadlock, and exit
Either works. Form a new entity for bigger risk/longer term; use contract-only for narrow goals.
Set super-majority thresholds and define quorum to avoid stalemates.
Include default remedies, dilution, or buy-out rights.
Define foreground (JV) vs. background (each party) and any cross-licenses.
Use triggers (date, milestone, deadlock) and a wind-down plan.