Joint venture agreement

This joint venture agreement governs a collaboration between two or more companies or individuals who combine resources for a common business objective in India. It records the parties, purpose and scope of the venture, capital and resource contributions, profit and loss sharing, management and decision-making, roles and responsibilities, and intellectual property. It also covers confidentiality, non-compete, deadlock resolution, exit and transfer of interest, term and termination, indemnity, dispute resolution and governing law—suitable for businesses pooling expertise or capital for a project, product or market entry.