---
title: Joint Venture E-mail Templates and Agreements
description: Ready to form an online joint venture? First, you need to find a partner. Next, you need to contact ...
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---

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# Joint Venture E-mail Templates and Agreements

![Michael Phillips](https://www.websitemagazine.com/hubfs/Michael%20Phillips.jpeg)

[by Michael Phillips](https://www.websitemagazine.com/email/author/michael-phillips) 28 Apr, 2010

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Ready to form an online joint venture? First, you need to find a partner. Next, you need to contact them in a way that gets the ball rolling. Below you will find a proven e-mail template to get joint ventures started in the right direction. Below the e-mail template, you will find two samples of joint venture agreements, to be administered and signed by all parties involved.

**1. The E-mail.** This template is an example of a common e-mail that can be used to approach a potential joint venture partner, regardless of industry or products being offered.

Dear (Potential JV Partner),

I'd like to discuss a joint venture proposition for you. Currently my company is promoting (PRODUCT) and I would like to propose a joint venture that will make a steady stream of revenue for both of us. (PRODUCT) is doing amazingly well in the current marketplace and with the high commission of (60-80% SUGGESTED) we're prepared to offer you, there is a lot of potential for the both of us to do very well by working together.

Attached you will find some sales materials I have created.

I'm sure after reviewing this proposal in detail and having me answer any questions you may have, you will see how the both of us working together can create more results than each of us working alone. I will call you in the next few days to follow up. Please contact me in the meantime if I can be of assistance.

(URL of PRODUCT)

YOUR NAME AND CONTACT DETAILS

2. **The Agreements**. Below you will find a general agreement to form a joint venture. Care should be taken to address all issues prior to the formation of any joint venture and all agreements should be examined closely.

JOINT VENTURE AGREEMENT:  Form of general agreement between parties to conduct a business operation as a joint venture  
Agreement made \_\_\_\_\_\_\_\_\_, \_\_\_\_\_\_\_\_\_, between \_\_\_\_\_\_\_\_\_\[A.B.\], of \_\_\_\_\_\_\_\_\_\[address\], City of \_\_\_\_\_\_\_\_\_, State of \_\_\_\_\_\_\_\_\_, and \_\_\_\_\_\_\_\_\_\[C.D.\], of \_\_\_\_\_\_\_\_\_\[address\], City of \_\_\_\_\_\_\_\_\_.  
RECITALS  
1. The parties desire to conduct a business operation together.  
2. Each party is willing to invest money to finance the conduct of the operation.  
3. It is agreed that the most desirable form of business for conducting the operation is a joint venture.  
For the reason recited above, and in consideration of the mutual covenants contained in this agreement, the parties agree as follows:  
SECTION ONE.  
SCOPE AND DESCRIPTION  
By this agreement, the parties create a joint venture to \_\_\_\_\_\_\_\_\_\[describe enterprise\] for profit. The joint venture shall be conducted under the name of \_\_\_\_\_\_\_\_\_\[business name\] from a place of business at \_\_\_\_\_\_\_\_\_\[address\], City of \_\_\_\_\_\_\_\_\_, State of \_\_\_\_\_\_\_\_\_.  
SECTION TWO.  
CONTRIBUTIONS  
\_\_\_\_\_\_\_\_\_\[A.B.\] is to contribute \_\_\_\_\_\_\_\_\_ Dollars ($\_\_\_\_\_) to the joint venture. \_\_\_\_\_\_\_\_\_\[C.D.\] is to contribute personal property described as follows: \_\_\_\_\_\_\_\_\_, having an agreed value of \_\_\_\_\_\_\_\_\_ Dollars ($\_\_\_\_\_), and \_\_\_\_\_\_\_\_\_\[his or her\] time and skill as a \_\_\_\_\_\_\_\_\_ for the duration of the joint venture, to ensure its success.  
Contributions of money and property shall be made on or before \_\_\_\_\_\_\_\_\_\[date\]. Failure of either party to complete the contribution on a timely basis shall result in \_\_\_\_\_\_\_\_\_\[termination of this agreement or as the case may be\].  
SECTION THREE.  
CONDUCT OF VENTURE  
\_\_\_\_\_\_\_\_\_\[C.D.\] shall be responsible for management of the joint venture and shall devote all \_\_\_\_\_\_\_\_\_\[his or her\] time to such management. However, \_\_\_\_\_\_\_\_\_ \[he or she\] shall be responsive to the policies established and agreed on by the parties. \_\_\_\_\_\_\_\_\_\[C.D.\] shall have the authority, without the need to consult \_\_\_\_\_\_\_\_\_\[A.B.\], to \_\_\_\_\_\_\_\_\_\[set forth scope and extent of authority\]. Such authority may be increased or decreased from time to time on mutual agreement of the parties. \_\_\_\_\_\_\_\_\_\[C.D.\] shall be liable to the joint venture for any losses or liabilities incurred by his or her negligent conduct or by willful acts that are detrimental to the venture if \_\_\_\_\_\_\_\_\_\[he or she\] knew or should have known that such acts would be detrimental.  
SECTION FOUR.  
TITLE TO PROPERTY  
All legal title to property acquired by the joint venture, whether real or personal, shall be taken in the name of \_\_\_\_\_\_\_\_\_, as trustee for the parties, and shall be held for their interest. The interest of each party in such property shall be proportionate to his or her share of the profits of the venture.  
SECTION FIVE.  
DIVISION OF PROFITS  
The net profits earned by the joint venture, calculated at the end of each fiscal year, shall be divided among the parties as follows: \_\_\_\_\_\_\_\_\_\[A.B.\] shall receive \_\_\_\_\_\_\_\_\_ percent (\_\_\_\_\_%), and \_\_\_\_\_\_\_\_\_\[C.D.\] shall receive \_\_\_\_\_\_\_\_\_ percent (\_\_\_\_\_%). No other remuneration shall be received by the parties from the joint venture. The net profits will be calculated by first deducting all operating expenses from gross income of the joint venture.  
SECTION SIX.  
APPORTIONMENT OF LOSSES  
The parties shall bear any net loss sustained by the venture in any fiscal year as follows: \_\_\_\_\_\_\_\_\_\[A.B.\] shall bear \_\_\_\_\_\_\_\_\_ percent (\_\_\_\_\_%) of such loss, and \_\_\_\_\_\_\_\_\_\[C.D.\] shall bear \_\_\_\_\_\_\_\_\_ percent (\_\_\_\_\_%). Any assessment against a party for a loss shall be payable to the joint venture not later than \_\_\_\_\_\_\_\_\_ days after the close of the fiscal year.  
SECTION SEVEN.  
RECORDS AND ACCOUNTING  
\_\_\_\_\_\_\_\_\_\[C.D.\] shall maintain or cause to be maintained a complete set of records, statements, and accounts concerning the total operation of the joint venture, in which books shall be entered, fully and accurately, each transaction pertaining to the venture. All the books will be open at all times for inspection and examination by \_\_\_\_\_\_\_\_\_\[ A.B.\] or \_\_\_\_\_\_\_\_\_ \[his or her\] agent.  
The fiscal year of the joint venture shall commence on \_\_\_\_\_\_\_\_\_ and close on \_\_\_\_\_\_\_\_\_ of each year of operation. All accounting based on fiscal year figures shall be completed within \_\_\_\_\_\_\_\_\_ days after the close of the fiscal year.  
SECTION EIGHT.  
INSURANCE AND SURETY BONDS  
The joint venture shall obtain insurance to cover the following items and types of losses: \_\_\_\_\_\_\_\_\_. The premiums shall be recognised business expenses of the joint venture.  
The parties shall each post bond in the amount of \_\_\_\_\_\_\_\_\_ Dollars ($\_\_\_\_\_) for the protection of assets, and the premiums shall be recognised business expenses of the joint venture.  
SECTION NINE.  
ASSIGNMENTS AND TRANSFERS  
Neither party shall assign or transfer his or her rights or duties in the joint venture without the express written consent of the other party. Any transfer or assignment made without the consent of the other party shall not relieve the transferor or assignor of his or her duties or obligations under this agreement.  
SECTION TEN.  
ARBITRATION  
The assignment of specific duties and authority to \_\_\_\_\_\_\_\_\_\[C.D.\] was made to avoid major differences between the parties as to conduct of the venture. The parties declare that the terms of this agreement are controlling as to each of them. Any matter in dispute, and which is not provided for in this agreement, shall be submitted to arbitration \_\_\_\_\_\_\_\_\_\[under the provisions of \_\_\_\_\_\_\_\_\_(cite statute) or as the case may be\].  
SECTION ELEVEN.  
DEATH OR INCAPACITY OF PARTY  
The death or incapacity of a party shall cause the joint venture to be dissolved at the completion of that current fiscal year. The annual net profits and proceeds from the sale of assets shall be divided pro rata between the surviving party and the legal representative or guardian of the deceased or incapacitated party.  
SECTION TWELVE.  
TERM  
The effective date of this agreement shall be the date first above written, and the agreement shall continue in effect for a period of \_\_\_\_\_\_\_\_\_ years from that date, or until \_\_\_\_\_\_\_\_\_\[set forth conditions for termination\].  
SECTION THIRTEEN.  
TERMINATION OF AGREEMENT  
On termination of this agreement for any cause whatever, the joint venture shall be wound up and dissolved \_\_\_\_\_\_\_\_\_\[in accordance with \_\_\_\_\_\_\_\_\_(cite statute) or as the case may be\].  
In witness whereof, the parties have executed this agreement at \_\_\_\_\_\_\_\_\_\[designate place of execution\] the day and year first above written.

(For more info please check out Brad Fallon's site: [https://www.stomperblog.com](https://www.stomperblog.com))

![Michael Phillips](https://www.websitemagazine.com/hubfs/Michael%20Phillips.jpeg)

[Michael Phillips](https://www.websitemagazine.com/email/author/michael-phillips)

Masson specializes in helping brands articulate their purpose and communicate their value—through naming, campaigns, pitch decks, copy, video, and multi-platform, targeted content series.

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