Joint Venture Contract
Letter Agreement
This agreement made this 12
th
day of July 2009 by and between XXX here and
after referred to as client and (Your Company) agree as follows:
1. Client has developed and established _________________.
2. (Your Company) has the marketing and promotional experience that would
compliment the ideas and concepts that client has created.
3. (Your Company) will put together the necessary documentation and
operational plan to bring the ideas and concepts of client to the _________
market in the form of ___________________(Sales letter, classified ad, etc.)
4. Client and (Your Company) agree to split the cost of developing and
promoting _____________, that will be known as (product/service name)
5. (Your Company) will mail out letters to ________________’s Mailing list.
6. ________________ agrees to receive the orders and fulfill the delivery of
the product. All orders will be sent to Client for credit card processing.
7. Client agrees to process the credit card orders and split the gross profits with
(Your Company).
8. Length of Venture. This venture will start _____________ and continue for
five (5) years unless it is terminated by the parties.
9. All financial records and documents related to this Joint Venture, are to be
made available for audit by either M4 Consultant or Client.
10. Neither party may assign nor otherwise transfer any rights under this
agreement.
11. This letter of agreement may be revised from time to time by agreement of
both parties to update any changes that may take place.
12. Both parties can end this deal at anytime.
XXX Your Company
_______________________ _______________________
Name Name
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