Free Partnership Agreement Template 11Free Partnership Agreement Template 11Free Partnership Agreement Template 11
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Project Joint Venture Agreement
VENTURE AGREEMENT
OF
^LMN COMPANY
This Agreement, dated and effective as of ^, 19^, by and between ^ABC Inc., an Illinois
corporation ("^ABC"), and ^XYZ Inc., an Illinois corporation ("^XYZ") (^ABC and ^XYZ being
hereinafter sometimes collectively called "Partners" and individually called a "Partner"),
WITNESSETH
WHEREAS, the Partners wish to engage together in the ^ business and, to further that
objective, to form a partnership and adopt this Agreement as the articles of partnership of such
partnership;
NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants and
benefits herein set forth and contemplated, the Partners agree as follows:
ARTICLE I
ORGANIZATION OF THE PARTNERSHIP
(a)

Establishment.

(i) The Partners hereby form and establish a general partnership (the
"Partnership") under the Illinois Uniform Partnership Act for the limited purposes and
scope set forth herein, and hereby adopt this Agreement as the Articles of Partne