A Joint Venture is an entity formed between two or more parties to undertake an economic Project together. The parties agree to create a Joint Venture by both contributing financial funds for the Project. The parties to the joint Venture then share in the revenues, expenses, and control of the enterprise.
The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability partnership or other legal structure, depending on a number of considerations such as tax and tortious liability.
This Joint Venture Agreement is drafted in plain English that is easy to read and comprehend. This is a “Short Form” two page, nine clause legal Agreement. The Agreement may be filled in on your computer or printed out and filled in later.
We regularly receive feedback that we have successfully drafted our filmmaker contracts to be as complete as possible for all legal situations. However, should you experience a unique personal situation requiring the drafting of a special clause, please contact us at your convenience. Otherwise, you may be obliged to find a local entertainment lawyer experienced in the film making industry who will draft any and all other clauses for your Project’s unique situation or circumstance.
This Agreement is part of the Investor’s Deal.