Deed of Adherence for Unequal Joint Venture Agreements
Publisher one
Genie AIJurisdiction
England and WalesRelevant sectors
Type of legal document
💴 Joint venture agreementBusiness activity
Adhere to joint ventureIn a joint venture, two or more parties come together to establish a business venture, sharing risks, resources, and profits. However, in some cases, partners may contribute different levels of capital, expertise, or have varying expectations regarding decision-making powers or profit distribution.
This Deed of Adherence allows a new party to join an existing joint venture while recognizing and documenting the inequality of rights or ownership between the original and new parties. This document outlines the terms and conditions that govern the new party's entry into the joint venture, including any adjustments to ownership percentages, voting rights, profit sharing, or decision-making authority.
By using this template, the existing joint venture parties ensure that the rights and responsibilities of all parties are clearly defined and documented according to UK law. It provides a legal framework for addressing issues such as financial contributions, intellectual property rights, liabilities, dispute resolution mechanisms, and potential exit strategies.
Overall, this legal document acts as an amendment or supplementary agreement to an existing joint venture, providing a transparent and legally binding solution to incorporate a new party into the venture, while acknowledging the inequality among joint venture partners.
How it works
Create doc / use template
Chat to our AI Legal Assistant
Edit, collaborate & share
Export to .docx
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Similar legal templates
Standard Trust Deed And Rules For Pension Scheme (Private Sector)
The template outlines the specific legal provisions, regulatory requirements, and guidelines for establishing and managing a pension scheme for employees in the private sector according to UK law. It covers various essential aspects, such as eligibility criteria for scheme membership, contribution levels, investment strategies, benefits payable, and retirement age.
The trust deed and rules aim to ensure compliance with current legislation, industry best practices, and regulatory guidelines such as those set by the UK Pensions Regulator. They establish the fiduciary responsibilities and obligations of the scheme trustees, administrators, employers, and members involved in the pension scheme.
Overall, this legal template serves as a comprehensive framework for establishing and managing a compliant and well-structured pension scheme for private sector employees in the UK, providing clarity and legal certainty to all parties involved.
Publisher
Genie AIJurisdiction
England and WalesSupport Engineer Contract
This Support Engineer contract template is designed for a commercial support engineering organisation (or an individual support engineer) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of support engineering and support-engineering-related services to be completed by the support engineer on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the support engineering firm or individual support engineer on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
Publisher
Genie AIJurisdiction
England and WalesSystems Analyst Contract
This Systems Analyst contract template is designed for a commercial systems analysis organisation (or an individual systems analyst) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of systems analysis and systems-analysis-related services to be completed by the systems analyst on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the systems analysis firm or individual systems analyst on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).