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Joint Venture Agreement
Free joint venture agreement template for two businesses partnering on a specific project without forming a new company.
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This free joint venture agreement covers 1. Purpose, 2. Contributions, 3. Profit and Loss Sharing, 4. Management, 5. Term with 9 clearly marked [placeholder] fields to fill in — built for founders, freelancers, and small business owners formalizing a business decision or agreement without paying a lawyer to draft it from scratch. Copy it into your own word processor, fill in the placeholders, and review it — or adapt it — before use. It's part of docstoc's free document template library, alongside business, legal, real estate, finance, and HR templates. Every template here is free to copy with no signup required, and each one carries a plain disclaimer: this is a starting point for informational purposes, not a substitute for advice from a licensed professional in your jurisdiction.
Joint Venture Agreement
Party A: [Company/Individual A] Party B: [Company/Individual B] Effective Date: [Date]
1. Purpose
The parties agree to jointly undertake the following project: [Project Description] (the "Venture"), while each remaining a separate, independent entity.
2. Contributions
Party A will contribute: [Capital, resources, expertise, etc.] Party B will contribute: [Capital, resources, expertise, etc.]
3. Profit and Loss Sharing
Profits and losses from the Venture are shared: Party A [%], Party B [%].
4. Management
[Describe how decisions about the Venture are made — jointly, by a designated lead, or by a management committee.]
5. Term
This Agreement continues until [the Venture is complete / a fixed end date], unless ended earlier by mutual agreement.
6. Liability
Each party remains responsible for its own obligations and is not liable for the other's separate business activities outside the Venture, except as expressly agreed here.
7. Confidentiality
Both parties will keep information shared for the Venture confidential, both during and after its term.
8. Dispute Resolution
Disputes will be addressed through good-faith negotiation, then [mediation/arbitration] before litigation.
[Party A]: ______________________ Date: ____________ [Party B]: ______________________ Date: ____________
*This document is provided for informational and educational purposes only and does not constitute legal advice. Joint ventures can create shared liability depending on how they're structured — consult a licensed attorney before entering one.*
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What's included
- Edit online — click the document, fill in placeholders, download a PDF
- 8 standard sections: 1. Purpose, 2. Contributions, 3. Profit and Loss Sharing, 4. Management, 5. Term, 6. Liability, …
- 9 clearly marked [placeholder] fields for quick personalizing
- Free to use — no account or signup required
- Fully editable — adjust any clause to match your actual situation
- Includes a signature block, ready to print or sign digitally
- Fixed docstoc.io footer on every PDF (not removable)
Who this template is for
Freelancers & solo founders
Handling routine business paperwork without commissioning custom legal drafting for every document.
Small businesses
Standardizing recurring documents — leases, agreements, notices — across a growing operation.
Anyone reviewing before signing
Using a clear starting structure to understand what a document should cover, even if a lawyer finalizes it.
Early-stage businesses
Getting the basics documented before things get more complex.
FAQ
Is this joint venture agreement template really free?
Yes — this Joint Venture Agreement template on docstoc is free to view, edit online, and download as a PDF with no account or signup required.
What does this joint venture agreement cover?
This business template includes 1. Purpose, 2. Contributions, 3. Profit and Loss Sharing, 4. Management. Fill in the [bracketed] placeholders, edit any clause online, then download a PDF — the docstoc.io footer stays on every export.
Is this legal advice?
No. This is a general-purpose starting structure, not advice for your specific situation. Business agreements can hinge on details — state of formation, industry-specific regulation, how a dispute would actually play out — that a template can't account for. Have a business attorney review anything that involves real money or real risk before you rely on it.
Can I edit the wording?
Yes — edit directly on the page, adjust any section or clause, and re-fill the 9 placeholder fields to match your situation before downloading a PDF. It's a starting structure, not a rigid script.
Where can I find more free templates like this?
Browse more free business and related document templates in the docstoc library at /document-templates/.
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