If you are forming a new joint venture company, a shareholders' agreement and the new company's articles of association are of crucial importance.
Points which may be covered in these, or in separate agreements, include:
- The financing arrangements for the joint venture.
- Agreements not to compete with the joint venture.
- Arrangements for licensing or transferring intellectual property to the joint venture.
- Agreements on any services or supplies you will provide to the joint venture.
- Confidentiality agreements.
- How any disputes will be handled.
- How the partners can exit the joint venture.
- Any agreements which will continue after the joint venture is terminated.
