Key description
- A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. In a JV, each of the participants is responsible for profits, losses, and costs associated with it.
Language
Categories
Industries
Covered clausesGeneral
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INCORPORATION OF AND SUBSCRIPTION OF SHARES IN THE COMPANY
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CONDITIONS FOR SUBSCRIPTION BY THE MINORITY SHAREHOLDER
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FRANCHISING
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MATERIAL OBLIGATIONS
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REGULATION OF RIGHTS AND MANAGEMENT OF THE COMPANY
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STAFF
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WARRANTIES AND REPRESENTATIONS
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AGREEMENT NOT TO CONSTITUTE A PARTNERSHIP
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COSTS
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NON-DISCLOSURE OF INFORMATION
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TERMINATION
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INDEMNITY OF DIRECTORS
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SUCCESSORS AND ASSIGNS
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WAIVER, FORBEARANCE AND VARIATION
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GOVERNING LAW AND ARBITRATION
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SEVERABILITY
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GENERAL MATTERS
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THE TERMS OF AGREEMENT TO PREVAIL
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NOTICES
