A Joint Venture Agreement is a formal agreement between two or more parties to jointly undertake a specific business enterprise. The agreement outlines the roles and responsibilities of each party, how profits and losses are to be shared, and what happens if the venture fails. The agreement may also include provisions for future cooperation or the termination of the venture. Types of Joint Venture Agreements regarding Business Interest include: 1. Joint Operating Agreement: This agreement defines the terms and conditions of a business venture between two or more entities, including the management of the venture, the sharing of profits and losses, and the termination of the venture. 2. Joint Venture Agreement: This agreement outlines the terms and conditions of a business venture between two or more entities, including the scope of the venture, the sharing of profits and losses, and the termination of the venture. 3. Partnership Agreement: This agreement outlines the terms and conditions of a business partnership between two or more entities, including the management of the venture, the sharing of profits and losses, and the termination of the venture. 4. Corporate Joint Venture Agreement: This agreement outlines the terms and conditions of a corporate joint venture between two or more companies, including the management of the venture, the sharing of profits and losses, and the termination of the venture. 5. International Joint Venture Agreement: This agreement outlines the terms and conditions of a joint venture between two or more entities located in different countries, including the management of the venture, the sharing of profits and losses, and the termination of the venture.