Download: Joint Venture Contract
THIS AGREEMENT is for the services of music and/or entertainment described below between the undersigned PUBLISHER, RECORD COMPANY and RECORD DISTRIBUTOR who desire to enter into a joint venture.
The name of the joint venture shall be:
__________________________________________________________
The character of the business shall be:
the publishing of music;
the production of phonograph record masters and phonograph records;
the promotion and distribution of phonograph records; and
all other necessary and related business.
The location of the principal place of business shall be:
___________________________________________________________
The name and place of residence of each of the undersigned is:
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Place of Residence
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Each of the undersigned shall contribute cash and property, and shall receive percentages of the net profit of the joint venture as follows:
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Cash |
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Property |
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% of Net Profit
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Losses shall be shared in the same ratios as net profit.
Each of the undersigned may make additional contributions to or withdrawals from the capital of the joint venture as agreed upon by all the partners.
The joint venture shall continue as long as the undersigned desire.
In the event of retirement, expulsion, bankruptcy, death or insanity of a member, the remaining members shall have the right to continue the business of the joint venture under the same name.
The members of the joint venture have the right to admit additional members by unanimous decision only.
GOVERNING LAW: This AGREEMENT shall be governed by the laws and in the courts of the State of _____________ and by the laws of the United States, excluding their conflicts of law principles. Any dispute or legal proceeding regarding the AGREEMENT shall take place in the county of _____________, in the State of _________________.
Signatures below will constitute this as a binding agreement.
DATED: _______________________
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