![]() ![]() ![]() Licence agreements between the JVC and each of the JV-partners (if any technology must be licensed by a partner to the JVC, or vice versa).A Joint development agreement between all partners and the JVC (to organise any jointly undertaken R&D work, and to allocate any IP rights resulting from it).Sales agreements, Long-term supply agreements or General purchase agreements between the JVC and each JV-partner (to provide for the terms and conditions on which a partner will supply the JVC, or vice versa).Reseller or distribution agreements between the JVC and each JV-partner (if the partners or the JVC will act as a distributor for the other).Examples of such project agreements could include: It is almost without exception that a joint venture agreement will have a number of related project agreements attached to it, so as to organise the various relationships and qualities of each joint venture partner vis-à-vis the JVC. Of course, joint ventures may well be entered into by multiple parties – it would require more attention in finetuning the dispute resolution mechanism (but with multiple parties its might also be easier to solve any disagreements). A more extensive model joint venture agreement (for incorporated JV’s) is from Weagree (available from our model contracts platform). The ITC Model Contract for an international corporate joint venture provides a general framework for a joint venture that is to be jointly owned by two parties. Most of what is discussed in connection with contractual alliances and collaboration agreements and the strategic rationale for seeking a collaboration also applies to joint ventures. It is common to talk in terms of a ‘ joint venture agreement’ when partners incorporate their alliance or cooperation into a legal entity (other than a general partnership) and to refer to the joint legal entity as the ‘joint venture’ (or ‘JVC’). Contract drafting – best practises group *. ![]() Our LinkedIn community: Drafting contracts.Your roadmap (step-by-step implementation guide).Contract reporting and analytics dashboard.Contract lifecycle management (CLM) – Post-signing. ![]()
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