By making a JV, they can enter a new market and make their presence felt there. The management of the JV is either shared between both the companies or only one partner takes charge, while the other may supervise other important operations. A JV is usually a short-term agreement and so the term of the JV must be mentioned in the agreement. It must also lay down the roles and responsibilities of each party.
You can Download the Free Joint Venture Agreement customize it according to your needs and Print. Joint Venture Agreement is either in MS Word, Excel or in PDF.
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