Sample Joint Venture agreement


A joint venture agreement is an agreement between two entities to conduct business together. Both the entities have share over profit and losses. Following is a sample joint venture agreement.

Sample Joint Venture agreement

Joint Venture agreement dated May 1st, 2010 is entered between Global Solutions, United Kingdom and an American Corporation Zing

The Global Solutions provide high quality and reliable software solutions in the United Kingdom and other parts of the globe

WHEREAS, Zing is a famous Internet provider in and around America.

The Global Solutions and Zing decides to form a Joint Venture company called Zing Global Solutions with an objective to provide first- rate and reliable online software solutions all around the world.

NOW, THEREFORE, the parties hereby agree as follows

OBJECTIVES OF THE COMPANY

The objectives of the company are listed as follows:-

(1) Providing reliable and high-speed Internet service across the world.

(2) Developing Internet based software which is accessible to users from any corner of the globe.

(3)Other online businesses and operations.

(4)Developing software which supports various operating systems.

SALE AND PURCHASE OF SHARES AND TRANSFER OF DOCUMENTS

(a) As per the terms of conditions, Global Solutions agrees to purchase from Zing, 200 shares at the price of 25000 $ per share.

(b) Both the companies agree to present various other certificates in relation to transfer process.

(c) Subject to the agreement, Zing will deliver share certificates to Global Solutions against a payment of $500000.

Signature:

Global Solutions _______________________________

Zing _________________________-

Category: Joint Venture Agreements

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