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address.
The parties, NAME OF PARTY of, City of NAME OF CITY, County of NAME OF
COUNTY, State of NAME OF STATE, and NAME OF PARTY of, City of NAME OF CITY,
agree to engage in and carry on, as joint venturers, DETAILS OF JOINT VENTURE for profit
In consideration of the mutual covenants in this agreement, the parties agree as follows:
By this agreement, the parties shall create a joint venture to DETAILS OF VENTURE.
The joint venture shall be conducted under the name of NAME OF JOINT VENTURE, with its
1
2. CONTRIBUTIONS:
NAME OF PERSON will contribute the amount of LIST AMOUNT Dollars $LIST
AMOUNT to the joint venture for the purpose of PURPOSE OF JOINT VENTURE.
NAME OF OTHER PERSON will contribute the amount of LIST AMOUNT Dollars
$LIST AMOUNT to the joint venture for the purpose of PURPOSE OF JOINT VENTURE.
3. CONDUCT OF VENTURE:
NAME OF PERSON shall be responsible for the management and operation of the joint venture
and shall devote AMOUNT OF TIME OR HOURS DEVOTED TO JOINT VENTURE to it.
In carrying out such responsibility NAME OF PERSON shall be responsive to the policies
established and agreed upon by the parties, which may be modified from time to time by mutual
agreement of the parties. However, NAME OF PERSON shall have the authority, without the
ACTIVITIES, NAME OF PERSON shall be liable to the joint venture for all losses or
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agreement