Ƶ

50 50 Joint Venture Agreement for the United Kingdom

50 50 Joint Venture Agreement Template for England and Wales

A 50/50 Joint Venture Agreement under English and Welsh law is a legally binding contract that establishes a business arrangement where two parties agree to pool their resources for a specific business activity, with equal ownership and control. This agreement outlines the terms of cooperation, including management structure, capital contributions, profit sharing, decision-making processes, and exit mechanisms. It provides a framework for shared control and equal participation while protecting both parties' interests under the jurisdiction of England and Wales.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a 50 50 Joint Venture Agreement?

The 50/50 Joint Venture Agreement is utilized when two parties wish to establish a business venture with equal ownership and control rights. This document is essential for businesses seeking to combine resources, expertise, and market presence while maintaining equal decision-making power. Under English and Welsh law, this agreement typically includes detailed provisions for governance, capital contributions, profit sharing, deadlock resolution, and exit mechanisms. It's particularly valuable for cross-border transactions and significant business collaborations where clear structure and equal partnership are paramount.

What sections should be included in a 50 50 Joint Venture Agreement?

1. Parties: Identification and details of the JV partners

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 objectives of the venture

5. Capital Contributions: Initial and ongoing funding commitments

6. Management Structure: Governance and decision-making framework including board composition and voting rights

7. Profit Distribution: Method and timing of profit sharing between partners

8. Decision Making: Procedures for day-to-day and strategic decisions, including deadlock resolution

9. Transfer of Shares: Rules regarding transfer of ownership interests including pre-emption rights

10. Confidentiality: Protection of confidential information and trade secrets

11. Term and Termination: Duration of the agreement and circumstances for termination

12. Exit Mechanisms: Procedures for partner exit including put and call options

13. Dispute Resolution: Procedures for resolving disputes between partners

14. General Provisions: Standard boilerplate clauses including governing law and jurisdiction

What sections are optional to include in a 50 50 Joint Venture Agreement?

1. Non-Compete Provisions: Restrictions on competitive activities, typically used when partners operate in same/similar markets

2. Intellectual Property Rights: IP ownership and licensing arrangements, essential when JV involves creation or use of IP

3. Employee Matters: Employment and secondment arrangements, required when staff will transfer to or be shared with JV

4. Tax Matters: Specific tax arrangements and obligations, important for cross-border JVs

5. Regulatory Compliance: Industry-specific regulatory requirements, necessary for regulated sectors

What schedules should be included in a 50 50 Joint Venture Agreement?

1. Business Plan: Detailed operational and financial projections for the joint venture

2. Initial Capital Contributions: Detailed breakdown of each party's initial investment and valuation

3. Reserved Matters: List of decisions requiring special majority or unanimous approval

4. Service Level Agreements: Terms for services provided by partners to the joint venture

5. Share Rights and Restrictions: Detailed terms of different share classes if applicable

6. Deed of Adherence: Template for admitting new partners to the joint venture

7. Property Details: Information about any real estate or physical assets involved in the JV

8. Group Structure Chart: Diagram showing corporate structure and ownership

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

England and Wales

Publisher

Ƶ

Sector

Personal

Cost

Free to use

Find the exact document you need

Jv Agreement

An England & Wales legal document outlining collaboration terms between parties while maintaining separate legal identities.

Download

Joint Venture Mining Agreement

An England & Wales agreement outlining joint venture terms for collaborative mining operations and resource management.

Download

Joint Venture LLC Operating Agreement

An England & Wales legal document outlining a joint venture's structure, operations, and partner obligations.

Download

Joint Venture Development Agreement

An England & Wales legal agreement outlining collaboration terms for joint development projects while maintaining separate identities.

Download

Joint Venture Agreement Real Estate Development

An England & Wales agreement for collaborative property development, detailing contributions, profit sharing, and governance.

Download

Joint Venture Agreement Between Land Owner And Developer

An England & Wales agreement outlining collaboration terms between landowners and developers for property projects.

Download

Deed Of Joint Venture Agreement

An England & Wales legal document authorizing bank account verification for business or personal purposes.

Download

50 50 Joint Venture Agreement

An England & Wales legal document authorizing the use of a residential address for official purposes.

Download

Jv Term Sheet

A preliminary document under English and Welsh law that outlines key terms and conditions for a proposed joint venture partnership.

Download

Joint Venture LLC Agreement

A legal agreement establishing a joint venture limited liability company under English and Welsh law, defining the relationship between partners and operational framework.

Download

Building Joint Venture Agreement

A legal agreement establishing a construction joint venture between multiple parties, governed by English and Welsh law.

Download

Jv Contract Agreement

A legal agreement governed by English and Welsh law that establishes and regulates a joint venture between two or more parties.

Download

Joint Venture Agreement For Film Production

An English law agreement establishing terms for parties to collaborate on film production, covering financial, creative, and operational aspects.

Download

Builder Joint Venture Agreement

A legal agreement governed by English and Welsh law that establishes a joint venture between builders for collaborative construction projects.

Download

Joint Venture Agreement Between Builder And Landowner

An England and Wales agreement establishing a joint venture between a builder and landowner for property development.

Download

Joint Business Partnership Agreement

A legally binding agreement under English and Welsh law that establishes the terms for two or more parties to operate a business together.

Download

Real Estate Development Joint Venture Term Sheet

A preliminary document outlining key terms for property development partnerships under English and Welsh law.

Download

Joint Venture Agreement For Development Of Land

An agreement under English and Welsh law establishing a partnership between parties for land development, defining contributions, responsibilities, and profit-sharing arrangements.

Download

Apartment Joint Venture Agreement

A legal agreement governed by English and Welsh law that establishes terms for parties collaborating on an apartment development project.

Download

Project Joint Venture Agreement

An English law agreement establishing a joint venture between parties for a specific project, defining rights, obligations, and operational framework.

Download

Pre Bid Joint Venture Agreement

A contract governed by English and Welsh law that establishes terms for parties to collaborate on preparing and submitting a joint bid.

Download

Joint Agreement Contract

A legally binding agreement under English and Welsh law that establishes terms for collaboration between multiple parties.

Download

Incorporated Joint Venture Agreement

A legal agreement under English and Welsh law establishing a new corporate entity owned by multiple parties, defining their rights, obligations, and business relationship.

Download

Joint Venture Licensing Agreement

A legal agreement governed by English and Welsh law that combines joint venture collaboration with licensing arrangements, establishing terms for business cooperation and intellectual property usage.

Download

Unincorporated Joint Venture Agreement

A contractual agreement under English and Welsh law establishing an unincorporated joint venture between parties for collaborative business activities.

Download

Joint Venture Operating Agreement

An English law agreement governing the operation and management of a joint venture between multiple parties, establishing rights, responsibilities, and operational procedures.

Download

Contractual Joint Venture Agreement

A legally binding agreement under English and Welsh law that establishes a contractual joint venture between parties without creating a separate legal entity.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it