Joint Venture Agreements and Collaborating Contracts

This Bidding Agreement (Teaming Agreement in the USA) sets out the basis upon which two parties will co-operate together to bid for a contract.

This five page agreement contains 10 clauses covering

• co-operation
• submission of tender & pre-contract negotiations
• tender preparation costs
• subcontract
• further agreement
• duration
• confidentiality
• obligations and restrictions
• assignment
• governing law and disputes

You need this document if you want to work together with another party to bid for a contract. The terms of the agreement set out your relationship to the other party, and your mutual obligations.

This co-ownership agreement is for use where one person is the owner of a house or flat and wishes to share ownership of the beneficial interest with someone else.

Written as a ‘Declaration of Trust’, the agreement covers

• definitions and interpretation
• payment of the investment sum
• declaration of trust
• liability for payment of the outgoings
• occupation
• owner’s obligations
• entitlement to any income
• no assignment of a beneficial interest and new trust
• sale of the property
• registration of a restriction at the Land Registry

This document is suitable for two friends, partners or relatives who share accommodation where the title to the property is registered in the name of only one of them.

It deals with the percentage shares of ownership as well as income and expenditure. It also deals with the possible sale of the property and any mortgage.

This Franchise Agreement is designed for use by the owner of a business who wishes to expand by appointing a franchisee to carry on their own business using the name, assets and so on belonging to the franchisor.

This fourteen page document contains 18 clauses covering

• definitions
• payment of the franchise fee and grant of the franchise
• renewal of the term
• franchisor’s obligations
• franchisee’s obligations
• sale of the franchise business
• termination
• termination consequences
• title
• severance
• the franchisor’s right to assign
• goodwill
• notices
• no partnership or agency
• waiver
• the scope of the agreement
• value added tax
• jurisdiction

Two Schedules are included, allowing parties to specify in detail the obligations of the franchisor and franchisee.

The franchise agreement is suitable as a template for a wide range of businesses – from a type of restaurant to a particular service to the public, such as valeting cars.

This is a three party agreement, suitable for three individuals proposing to set up a new company in which each of them will be a shareholder and a director.

This is a 4 page document with 14 clauses covering

• objectives
• company formation
• initial capital
• additional capital
• profits policy
• directors
• management of business
• matters requiring unanimity
• bankers
• accountants
• deadlock
• good faith and non-competition
• preparation of a formal shareholders’ agreement
• governing law and disputes

You need this document if you’re looking to ensure clarity and safeguard the interests of shareholders. Also see our Checklist for Shareholders Agreement.

For a two party shareholders’ agreement template, see Document A107.

This is a Joint Venture Agreement for two parties and it contemplates that they will collaborate with each other on a number of projects. It is assumed that both parties are limited companies.

This twenty-one page document contains 24 clauses covering

• definitions and interpretations
• formation of joint venture
• duration
• duties and responsibilities
• management
• project director
• tender – preparation and submission
• contract
• distribution of profit
• bank accounts
• working capital
• accounts
• default
• personnel and plant
• services of parties
• insurance
• bonds and guarantees
• confidentiality
• intellectual property
• force majeure
• taxes and VAT
• notices
• resolution of disputes and governing law
• a general clause detailing the scope of the agreement, amendment, warranties, severance, waiver, assignment, partnership, third party rights and the Competition Act of 1998.

Provision is made for schedules detailing the authority of the project director, contributions in kind to the joint venture made by the parties and initial working capital requirements.

You need this document if you are a limited company looking to collaborate with another limited company on a number of projects, and want a comprehensive agreement to formalize the terms of your relationship.

This Joint Venture Agreement is suitable for a joint venture between two firms in the construction industry who want to bid for a series of contracts together.

It is assumed that both parties are limited companies.

The agreement is comprehensive and contains 24 clauses covering

• definitions and interpretation
• formation of joint venture
• duration
• duties and responsibilities
• management
• project director
• tender – preparation and submission
• contract
• distribution of profits
• bank accounts
• working capital
• accounts
• default
• personnel & plant
• services of parties
• insurance
• bonds and guarantees
• confidentiality
• intellectual property
• force majeure
• taxes & vat
• notices
• resolution of disputes and governing law
• a general clause detailing the scope of the agreement, severability, amendment, warranties, waiver, assignment, relationship between the parties, the competition act and third party rights.

Provision is made for schedules detailing the authority of the project director, contributions in kind to the joint venture made by the parties and initial working capital requirements.

You need this document if you represent a limited company wanting to enter into a joint venture with another company in order to bid for projects jointly.

This property co-ownership agreement is for two individuals - such as partners, friends or students - are registered as the owners of a house or flat or other property and they wish to record how their interests in the property (and mortgage) and the running costs are shared.  

The document deals with the percentage shares of ownership as well as income and expenditure.  It also deals with the procedure if one or both the owners wish to sell their interest in the property.  It can easily be amended to include additional owners if there are more than two.

It consists of 10 clauses and a Schedule. The clauses include:

• definitions
• declaration of trust
• liability for payment of the outgoings
• occupation
• parties' obligations
• entitlement to any income or gain
• assignment of a beneficial interest and a new trust
• sale of the property
• registration of a restriction at the land registry
• the mortgage (optional clause)

You would buy this document if you are involved in a joint ownership of a property and wish to agree how this will be managed.

This free document goes in detail through the matters you need to consider when entering into a Joint Venture.

It is designed to work with our documents such as the Heads of Agreement but it will be useful to anyone drawing up such an agreement from ContractStore or elsewhere.