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Joint Venture / Consortium Agreement to Supply Products

4 Parties - No Indemnity

An unincorporated joint venture / consortium agreement with a JV leader and participants to contribute to the manufacturing of products in a particular jurisdiction. The association is for products required for a specific local project, rather than for a more permanent type of arrangement. This agreement is drafted for 4 parties with no indemnity between the participants.

How to Tailor the Document for Your Need?


01

Create Document

Fill in the details of the parties. You can click the "Fill with Member’s Information" button to complete it with information saved to your account.

02

Fill Information

Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the "Next" button.

03

Get Document

When you are done, click the "Get Document" button and you can download the document in Word or PDF format.

04

Review Document

Please get all parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document.

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Document Description

An unincorporated joint venture/consortium agreement with a JV leader and participants to contribute to the manufacturing of products in a particular jurisdiction. The association is for products required for a specific local project, rather than for a more permanent type of arrangement. This agreement is drafted for 4 parties with no indemnity between the participants.

The JV Leader intends to [INTENTION]. [PARTICIPANTS] (along with the JV Leader, each a "Participant", together with the "Participants") have agreed to form a joint venture (a) to strengthen economic and technological cooperation to (a) produce and sell [PRODUCTS], related products and such other products as are decided by the Participants from time to time, and (b) studying and developing other new products (the products referred to in clauses (a) and (b) above are hereinafter collectively referred to as the "Products").

The Production shall be carried out in accordance with the terms and conditions of the Production Agreement and this Agreement. In the event of any inconsistency between the terms of the Production Agreement and this Agreement regarding the performance of the work, the Production Agreement shall prevail, subject to clauses 4.3 and 4.4 below.

Each Participant shall be responsible for fulfilling the obligations prescribed in Schedule 3 in accordance with the terms of the Production Agreement, subject to clauses 4.3 and 4.4 below.

The allocation of the Joint Venture's obligations between the Participants in accordance with Schedule 3 can be amended by agreement of the Participants.

Any alterations or additions to the Production to be carried out under the Production Agreement shall be made only upon demand from Customers in accordance with the Production Agreement. Responsibility for carrying out additional obligations shall be agreed upon by the Participants.

This Agreement shall be written and interpreted in English.

Unless the Participants agree otherwise, no member shall engage in any activity related to the Project other than as a Participant of the Joint Venture and in accordance with the terms and conditions of this Agreement. Each Participant will ensure that its subsidiaries and other firms or individuals over which it has control will comply with this requirement.

How to use this document?

This document should be carefully read by the JV Leader and Participants.

Both parties should sign and return a copy, and once signed, both parties should get a copy. To avoid any future disputes, both parties may wish to have their signatures witnessed.

If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.

How to tailor this document for your need?

1. Click the “Create Document” button and fill in the details of the parties. You can click the “Fill with Member’s Information” button to complete the party’s information with your personal or business information saved to your account.

2. Please fill in any additional information by following the step-by-step guide on the left-hand side of the preview document and click the “Next” button.

3. When you are done, click the “Get Document” button and you can download the document in Word or PDF format.

4. Please get all parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document. Each party should have a copy of the executed document.

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