A joint venture agreement, so you and your partner know where you stand.
Answer plain-English questions about the joint venture company, what each of you puts in and how decisions are made — and FD AI puts together a joint venture agreement from our lawyers' wording: the shares and investment, the board, the decisions that need you both, what happens if you cannot agree, and how a party can leave.
50:50 or with a majority partner — if one party will hold more, tell us which side you are on and the usual answers lean to it. Choose Basic, Standard or Complex, and Singapore, England and Wales, Hong Kong, Delaware, New York or another law. It takes about 8 minutes; anything you skip takes the usual answer.
This tool helps you prepare a draft joint venture agreement. It is not legal advice. We recommend having a lawyer check it before it is signed.
Pro Tip: Move the slider to choose. Basic covers the essentials for a small joint venture; Standard is right for most; Complex adds a buy-out route for deadlock, tag- and drag-along and valuation by an expert. You can change the level later from the list on the right; your answers are kept.
Standard (recommended) · about 8 pages · about 19 questions Adds further funding, the full list of reserved matters, the business plan, accounts and information, dividends, a buy-out or winding up on deadlock, a lock-in, buying out a party in default, no competing and a deed of adherence. Right for most joint ventures.
Choose Complex and you are asked a few more questions; choose Basic and the agreement stays short. You can change it later.A draft joint venture agreement (Beta), from Founders Doc’s wording — to be checked by a qualified lawyer before use. Terms
The basics
The people
The company
The money
Decisions
Shares
Promises and disputes