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Before entering into a joint venture (JV) agreement or shareholders' agreement the parties should set out the key parameters of the relationship.
The heads of terms should be as comprehensive as possible. The contents will depend on the type of business of the JV but issues that are typically dealt with in the heads of terms include answers to the following questions:
Find out more here about 'deadlock and dispute' mechanisms.
Intellectual Property (IP) Parties should consider the following specific questions:
Employment Parties should consider the following specific questions:
If you have any questions or would like support with your approach to joint ventures, please get in touch.