Joint Venture Agreement Template - 2 Parties, Joint Sale of Products and Services - South Africa
Joint sale of Products and Services
2 Parties
Summary A Joint Venture Agreement may be used if you’re planning on entering into a collaborative arrangement with a business associate to jointly sell products and services to clients. The JV Agreement sets out each party’s rights and obligations, establishing boundaries on the services that each party may be required to perform.
Why do I need a Joint Venture Agreement? A JV Agreement assists you to set out the terms of your collaboration and relationship with your business associate, including intellectual property, confidentiality, and financial arrangements.
Who should use a JV Agreement? Two persons or entities that wish to collaborate or enter into a joint venture in order to jointly sell products and services to clients may consider using a written Joint Venture Agreement.
More than two persons? Have a look at our Joint Venture Agreement for the Joint Sale of Products and Services for 3 or more parties.
What does the JV agreement say? The Agreement consists of: Parties and Introduction; Relationship and Process; Intellectual Property Rights; Confidential Information; Term and Termination; Payment of Fees; Roles and Responsibilities; Costs; Breach and Dispute Resolution; General
What does the agreement look like? The template JV terms and conditions can be printed onto ten pages.
What do you need to do to use the Joint Venture Agreement?
- Read the template JV Agreement document to ensure that it suits your requirements. Make changes as required.
- Make sure that the blanks have been filled in, including details of each party’s roles and responsibilities in clause 8.
JV Agreements – what other documents do I need? When you’re entering into a collaboration with a business associate it is recommended that you get a Confidentiality Agreement signed. (Also known as a Non-Disclosure Agreement)
Also viewed: Sub Contractor Agreement
Also known as: Collaboration Agreement; Collaboration Contract; Joint Venture Arrangement; Joint Venture Terms and Conditions; Joint Venture Contract
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