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Letter of Intent for Joint Venture
Free letter of intent template outlining the preliminary terms two companies agree to before forming a formal joint venture.
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This free letter of intent for joint venture covers Proposed Structure, Ownership/Contribution Split, Key Terms Under Discussion, Exclusivity and Confidentiality, Non-Binding Nature with 8 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.
Letter of Intent for Joint Venture
Party A: [Company Name] · Party B: [Company Name] · Date: [Date]
This Letter of Intent outlines the parties' shared intent to form a joint venture for the purpose of [Description of the joint venture's business purpose].
Proposed Structure
[e.g. new jointly-owned entity, contractual joint venture — specify.]
Ownership/Contribution Split
Party A: [%/contribution] · Party B: [%/contribution]
Key Terms Under Discussion
1. [Term — e.g. governance/decision-making] 2. [Term — e.g. profit distribution] 3. [Term — e.g. exit/dissolution provisions]
Exclusivity and Confidentiality
The parties agree to negotiate exclusively with each other regarding this venture for [Period], and to keep discussions confidential.
Non-Binding Nature
Except for the confidentiality and exclusivity provisions above, this Letter of Intent is non-binding and does not obligate either party to complete the joint venture.
Party A: ______________________ Date: ____________ Party B: ______________________ Date: ____________
*This document is provided for informational and educational purposes only and does not constitute legal advice. Being explicit about which sections are binding (confidentiality/exclusivity) versus non-binding (everything else) is what prevents a preliminary LOI from being misread later as a completed, enforceable joint venture agreement.*
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What's included
- Edit online — click the document, fill in placeholders, download a PDF
- 5 standard sections: Proposed Structure, Ownership/Contribution Split, Key Terms Under Discussion, Exclusivity and Confidentiality, Non-Binding Nature
- 8 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 letter of intent for joint venture template really free?
Yes — this Letter of Intent for Joint Venture template on docstoc is free to view, edit online, and download as a PDF with no account or signup required.
What does this letter of intent for joint venture cover?
This business template includes Proposed Structure, Ownership/Contribution Split, Key Terms Under Discussion, Exclusivity and Confidentiality. 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. Templates like this cover the common ground most businesses need, but they can't anticipate your specific deal terms, jurisdiction, or industry rules. Treat it as a first draft to build from, and get a business attorney's eyes on it before signing anything that matters.
Can I edit the wording?
Yes. All 8 placeholder fields and every clause are editable right on the page — change what doesn't fit, then download an updated PDF anytime.
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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