Bring shared resources and project responsibilities into a clear written arrangement with Sikunyana Inc.’s Joint Venture Agreement Template for South Africa. Structured for an unincorporated joint venture between two participants, this template helps businesses document how they will collaborate on a defined project.
Based on equal participation, it addresses what each party contributes, how decisions are made and how the venture’s finances and responsibilities are managed.
What the agreement covers:
Contributions and roles: Participation interests, resources, contribution valuations and each participant’s responsibilities.
Management and decisions: Steering committee procedures, voting arrangements and deadlock escalation.
Financial arrangements: Banking, funding, participant loans and profit distributions.
Project responsibilities: Insurance, indemnities, liability limits and subcontracting arrangements.
Intellectual property and closure: Jointly developed intellectual property, confidentiality, dispute resolution and dissolution.
Suitable for businesses combining their capabilities to deliver a shared project. Use the annexure structure to record responsibilities and contributions, and adapt the participation percentages, governance arrangements and project details.
Add the Joint Venture Agreement Template to your cart and establish a clearer basis for working together.
