50/50 Joint Venture Agreement — Word & PDF Template

This 50/50 joint venture agreement template sets out the terms for two parties collaborating on an equal-share basis. It covers contributions, equal management and decision-making, profit and loss sharing, banking, deadlock resolution, intellectual property and confidentiality, giving joint venturers in England and Wales a robust framework for a balanced partnership.

Who is this template for?

It suits two businesses or individuals pooling resources for a project or venture on a 50/50 basis, partners launching a shared enterprise, and advisers structuring an equal joint venture where deadlock management is critical.

What does the template include?

The agreement is organised into clear, ready-to-complete clauses:

• Parties — identifies the two joint venture partners.
• Joint Venture Details — the purpose and scope of the venture.
• Contributions — financial and non-financial contributions from each party.
• Management and Decision-Making — day-to-day operations, material decisions and designated representatives.
• Profit and Loss Sharing — the equal split of profits and losses.
• Banking — joint banking arrangements.
• Deadlock Resolution — how disagreements are resolved.
• Intellectual Property — ownership of IP created by the venture.
• Confidentiality — protection of confidential information.
• Term and Termination — duration and how the venture ends.
• Governing Law — confirms England and Wales law applies.
• Signatures — signing block for both parties.

Easy to customise

The template opens in Microsoft Word, Google Docs and LibreOffice. Fill in the highlighted fields, set the contributions, management and deadlock terms, tick the relevant options and edit any clause to suit your venture.

Format and scope

Download instantly as an editable Word (.docx) file and a print-ready PDF, formatted to A4. Written in plain British English with light, general references to England and Wales commercial and company law.