Are you about to set up a Joint Venture with another company? For those company owners that want to set up a joint-venture, and will sign a JV Letter of Intent, we provide this elaborate template. Download Joint Venture Letter Of Intent Template now!
We provide a professional business Letter Of Intent for Joint-Venture Between Two Companies. This Legal Writing can be used when two Parties are in discussion to establish a Joint Venture together.
The following components are discussed in the introduction part of the letter of intent:
- Confidentiality of Negotiations;
- Governing Law.
The parties are discussing a transaction on the following terms (Joint Venture Term Sheet)
- Business Plan;
- Principal Office;
- Initial Capital Contributions and Ownership
- Additional contributions;
- Loans to JV;
- Failure to Make Additional Contributions
- Restrictions on Each party and Competition;
- Transfer of Interests;
- Defaults and Remedies;
- Deadlock Events;
- Buy-Sell Option.
- Preferential Treatment Agreement;
- Representations and Warranties;
- Employment Agreement with Key Employee;
- Planning schedule.
This Joint Venture Letter Of Intent (LOI) may also be referred to as a Joint Venture Term Sheet or Joint Venture Discussion Sheet. Our legal templates are all screened and updated by Legal professionals. Download this Template if you are in this situation and save yourself time and reduce the lawyer-fees! We still recommend consulting local law firm to support the Setup of your Joint-Venture.