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Simple Joint Venture Agreement
"I need a Simple Joint Venture Agreement for a collaboration between my Singapore tech company and a European software developer, where we'll combine our expertise to develop AI solutions, with an expected launch date of March 2025 and equal capital contributions from both parties."
1. Parties: Details of JV partners including registration information
2. Background: Context and purpose of the joint venture
3. Definitions: Key terms used throughout the agreement
4. Business of the Joint Venture: Scope and nature of JV activities
5. Capital Contributions: Financial and non-financial contributions by parties
6. Management Structure: Governance and decision-making framework
7. Profit Sharing: Distribution of profits and losses
8. Term and Termination: Duration and termination provisions
1. Non-Competition: Restrictions on competing activities - use when parties operate in similar markets
2. Intellectual Property Rights: IP ownership and licensing - use when IP is central to JV operations
3. Employee Matters: Employment terms and secondment - use when JV will have dedicated staff
4. Foreign Investment Provisions: Foreign ownership compliance - use when foreign parties are involved
1. Business Plan: Detailed operational and financial projections
2. Capital Contribution Schedule: Detailed breakdown of parties' contributions
3. Management Structure Chart: Organizational structure and reporting lines
4. Key Performance Indicators: Metrics for measuring JV success
5. Initial Budget: First-year financial planning
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