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Joint Venture / Consortium Agreement to Supply Products

2 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 2 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 2 parties with no indemnity between the participants.

The JV Leader intends to [INTENTION]. [PARTICIPANT] (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 Participants hereby establish a joint venture being an unincorporated association under the name of [JV] or such other name as the Participants shall unanimously agree from time to time (the Joint Venture) in [TERRITORY] for the purpose of:

(a) utilising materials and components procured by the Joint Venture to manufacture <? echo $PRODUCTS; ?> and related products, and such other products as may be approved by the Participants;

(b) assisting local manufacturers to develop advanced production methods for the sourcing and procurement of <? echo $COMPONENTS; ?>;

(c) providing technical services in connection with the supply and use of the Products;

(d) conducting sales in <? echo $TERRITORY; ?>, directly by the Joint Venture or through a Participant/distributor.

Changes in the business scope of the Company shall be considered by the Participants from time to time in light of international and domestic market conditions.

The Participants hereby appoint the JV Leader and, pursuant to clause 3.6, the representative of the Joint Venture, and confirm the addresses of the Joint Venture as stated in Schedule 1.

Any Participant which changes its name, or is taken over by or merged with another firm, must promptly communicate details of the same to all other Participants. Unless the Participants otherwise agree in writing, this Agreement shall not terminate if a Participant changes its name or is taken over by, or merged with, another company or partnership.

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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