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Canada Letter of Intent to Form Joint Venture

Negotiate the terms of a joint venture between Canadian participants by putting them down in writing in this Canada Letter of Intent to Form Joint Venture.
  • The Letter of Intent summarizes the discussions between the parties with respect to the general structure of the venture corporation and the rights and obligations of the co-venturers.
  • The co-venturers will incorporate a new company solely to carry on the business of the joint venture.
  • The company will be managed by a board of directors consisting of nominees of each of the co-venturers.
  • Shareholder equity in the venture corporation will be apportioned on the same ratio as the investment made by each of the co-venturers in the joint venture.
  • The letter of intent itself is not legally binding, but rather it is a means of ensuring that all parties have the same understanding of the provisions before executing a formal, final agreement.
This Canada Letter of Intent to Form Joint Venture is provided in MS Word format and is fully editable to meet your needs.

Download: Canada Letter of Intent to Form Joint Venture

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Canadian Law Resources: (14-Apr-2018) E.&O.E.

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