A Basic Sample Joint Venture Agreement is a contract between two businesses that enter into a partnership or joint venture to operate together. This agreement outlines the responsibilities of each party, the ownership of the venture, and the profits and losses that will be shared among the parties. The agreement outlines the purpose of the joint venture, the duration of the partnership, the responsibilities of each party, and the terms of the business relationship. It also includes provisions for the sharing of profits and losses, the ownership and division of assets, and the termination of the agreement. Different types of Basic Sample Joint Venture Agreements include: 1. Start-up Joint Venture Agreement: A Start-up Joint Venture Agreement is used when two businesses enter into a joint venture to launch a new business. This agreement outlines the responsibilities of each party, the ownership of the venture, and the profits and losses that will be shared. 2. Expansion Joint Venture Agreement: An Expansion Joint Venture Agreement is used when two businesses enter into a joint venture to expand an existing business. This agreement outlines the responsibilities of each party, the ownership of the venture, and the profits and losses that will be shared. 3. Strategic Joint Venture Agreement: A Strategic Joint Venture Agreement is used when two businesses enter into a joint venture to combine their resources and capabilities to achieve a strategic goal. This agreement outlines the responsibilities of each party, the ownership of the venture, and the profits and losses that will be shared. 4. International Joint Venture Agreement: An International Joint Venture Agreement is used when two businesses enter into a joint venture to operate in multiple countries. This agreement outlines the responsibilities of each party, the ownership of the venture, and the profits and losses that will be shared.