Simple Joint Venture Agreement Template for Australia

1. Intellectual Property Rights: Required when the joint venture involves creation, use, or licensing of intellectual property

2. Competition Law Compliance: Necessary when the joint venture operates in markets with significant competition law considerations

3. Foreign Investment Provisions: Required when the joint venture involves foreign investors or cross-border operations

4. Environmental Compliance: Necessary for joint ventures in industries with environmental impacts or obligations

5. Employment Matters: Required when the joint venture will have employees or shared staff

6. Insurance Requirements: Detailed insurance obligations when significant operational risks exist

7. Project-Specific Provisions: Required for joint ventures focused on specific projects or developments

8. Exit Mechanisms: Detailed procedures for party exit, including buy-out provisions and valuation mechanisms

1. Schedule 1 - Initial Contributions: Detailed list of each party's initial contributions including valuations

2. Schedule 2 - Business Plan: Initial business plan and strategic objectives of the joint venture

3. Schedule 3 - Management Structure: Detailed organizational structure and management procedures

4. Schedule 4 - KPIs and Performance Metrics: Key performance indicators and measurement criteria

5. Schedule 5 - Accounting Principles: Agreed accounting policies and procedures

6. Appendix A - Pro-forma Financial Reports: Templates for required financial reporting

7. Appendix B - Deed of Accession: Template for admitting new parties to the joint venture

8. Appendix C - Compliance Procedures: Detailed compliance requirements and procedures