Joint Venture Agreement Template
Joint Venture Agreement
12 sections · 20 fields to fill · free, nothing uploaded
JOINT VENTURE AGREEMENT
Date:
Between:
Party 1:
Address:
AND
Party 2:
Address:
1. JOINT VENTURE PURPOSE
The parties agree to form a joint venture for the purpose of:
2. JOINT VENTURE NAME
The joint venture shall operate under the name: ""
3. TERM
The joint venture shall commence on and continue until .
4. CAPITAL CONTRIBUTIONS
- Party 1 Contribution:
- Party 2 Contribution:
Total Capital:
5. PROFIT AND LOSS SHARING
Profits and losses shall be shared:
- Party 1: %
- Party 2: %
6. MANAGEMENT AND DECISION MAKING
- Both parties shall participate in management
- Major decisions require consent
- Day-to-day operations managed by
Major Decisions Include:
- Capital expenditures exceeding
- Borrowing funds
- Entering significant contracts
- Admission of new partners
- Sale of joint venture assets
7. RESPONSIBILITIES
Party 1 Responsibilities:
Party 2 Responsibilities:
8. INTELLECTUAL PROPERTY
- IP created during joint venture shall be
- Existing IP remains with original owner
- Licensing arrangements:
9. CONFIDENTIALITY
All parties shall maintain confidentiality of joint venture information during and after the term.
10. DISPUTE RESOLUTION
Disputes shall be resolved through: 1. Good faith negotiation 2. Mediation 3. Arbitration (if mediation fails)
11. TERMINATION
The joint venture may be terminated by:
- Mutual written agreement
- Completion of project/purpose
- Material breach by either party
12. EXIT STRATEGY
Upon termination:
- Assets shall be distributed according to contribution percentages
- Liabilities shall be settled
SIGNATURES:
Party 1:
Signature: _______________________
Name:
Title:
Date: _______________________
Party 2:
Signature: _______________________
Name:
Title:
Date: _______________________
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What is a Joint Venture Agreement?
A Joint Venture Agreement is a business and commercial document used when two businesses, or a business and an individual, need the terms of a commercial relationship written down before money or information changes hands. In short: collaborative business venture.
It is typically signed by founders, freelancers, agency owners, suppliers and anyone negotiating with a company larger than their own. Commercial agreements bind once both parties sign and something of value is exchanged. Courts read them against what the words actually say, not what either side meant — which is why vague scope and undefined payment triggers cause most commercial disputes.
When you need one
- You are about to collaborative business venture and want the terms recorded before anyone relies on them.
- The other side has proposed a joint venture agreement and you want to see what a balanced version looks like first.
- A previous arrangement was verbal, and something has now happened that makes writing it down urgent.
- You need a starting point you can adapt rather than a blank page — the structure matters more than the prose.
What this Joint Venture Agreement template includes
The template is structured around 12 sections. Each one exists for a reason — if you delete one, delete it deliberately.
- 01Joint Venture Purpose
- 02Joint Venture Name
- 03Term
- 04Capital Contributions
- 05Profit And Loss Sharing
- 06Management And Decision Making
- 07Responsibilities
- 08Intellectual Property
- 09Confidentiality
- 10Dispute Resolution
- 11Termination
- 12Exit Strategy
Information you will need
Gather these before you start. Every one of them appears in the finished document, and a missing value is the most common reason a self-drafted joint venture agreement fails to do its job.
- Party 1
- First venture partner
- Party 2
- Second venture partner
- Venture Purpose
- Purpose of the joint venture
- Capital Contributions
- Total capital investment
- Profit Sharing
- Profit distribution ratio
How to write a Joint Venture Agreement
- 1
Read the full template
Read the complete Joint Venture Agreement on this page before you use it, so you know what every clause commits you to.
- 2
Gather your details
Collect the names, addresses, dates and amounts listed in the "What you will need" section — every square-bracketed placeholder needs a real value.
- 3
Fill in the blanks on this page
Type your answers into the form beside the template and they are written into every clause that uses them as you go. Nothing is uploaded — the document is assembled inside your own browser.
- 4
Download the finished document
Download your completed Joint Venture Agreement as a PDF or an editable Word file, or copy the text. There is no signup and no watermark.
- 5
Sign and store it
Sign it — electronically with the free Sign PDF tool, or in ink where the document type requires it — and give every party a copy.
Mistakes to avoid
Leaving scope open-ended
If the document does not say precisely what is being delivered and what is excluded, every later disagreement becomes a negotiation you already paid for.
No payment trigger
State what event makes an invoice due — delivery, acceptance, a date — and what happens when payment is late.
Uncapped liability
Without a liability cap you are exposed to losses far beyond the value of the deal. A cap at fees paid in the last 12 months is the common commercial position.
Silent on termination
Say how either side ends the arrangement, with how much notice, and what survives afterwards.
Jurisdiction note. Commercial terms interact with local consumer, competition and unfair-contract-terms law. High-value or cross-border deals warrant a lawyer. This template is general-purpose information, not legal advice.
Joint Venture Agreement FAQs
Is this Joint Venture Agreement template free to download?
Yes. The complete text is published on this page — no email required. Fill in the blanks on the page, then copy it or download it as a PDF, Word (.docx) or plain-text file. There is no watermark and no usage limit.
Can I fill in this Joint Venture Agreement template online?
Yes. Every square-bracketed blank in the template above is an editable field. Type your answer once and it is written into every clause that uses it, and the document beside the form updates as you type. When you are done, download the completed PDF or Word file. It all runs inside your browser — the document is never uploaded, and your answers are saved only in this browser so you can come back and finish later.
What information do I need to complete a Joint Venture Agreement?
At minimum: party 1, party 2, venture purpose, capital contributions. The form on this page lists every blank the document contains and counts how many are still empty. Every placeholder in [square brackets] needs replacing before the document is signed — an unfilled bracket is the most common defect in a self-drafted document.
What should a Joint Venture Agreement include?
This template is structured around 12 sections: joint venture purpose, joint venture name, term, capital contributions, profit and loss sharing and others. Those are the provisions that make the document do its job; anything you delete, delete deliberately.
Is a Joint Venture Agreement legally binding?
Commercial agreements bind once both parties sign and something of value is exchanged. Courts read them against what the words actually say, not what either side meant — which is why vague scope and undefined payment triggers cause most commercial disputes. Commercial terms interact with local consumer, competition and unfair-contract-terms law. High-value or cross-border deals warrant a lawyer.
Can I edit this Joint Venture Agreement template?
Yes, in three ways. Fill in the blanks on this page and download the result; or download the Word version and rewrite it in Word, Pages or Google Docs; or open it in the LegalDraft AI app, where the AI can rewrite any individual clause to be stricter, simpler or more balanced and review the finished document for risk before you sign.
Do I need a lawyer for a Joint Venture Agreement?
Commercial terms interact with local consumer, competition and unfair-contract-terms law. High-value or cross-border deals warrant a lawyer. For routine, low-value arrangements a carefully completed template is usually proportionate. The larger the sum, the more one-sided the terms, or the more the document depends on local statute, the stronger the case for professional review.
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