Joint Venture Agreement for Offshore Training Course

Set up a joint venture to conduct offshore training courses with this template Joint Venture Agreement for Offshore Training Course.

• One of the parties (Party 1) will provide instructors and course materials, the other party (Party 2) will develop a training and planning guide and a marketing strategy, and obtain and provide classroom facilities.
• Each party is responsible for its own costs.
• Both parties rank equally in priority with respect to distribution of profits.
• Party 1 will be reimbursed by Party 2 for all costs associated with the same, including airfare and hotel charges for instructors.
• Party 2 will be entitled to compensation for administrative expenses, over and above the actual cost.
• The powers of the parties are to be exercised jointly.

This Joint Venture for Offshore Training Course is a Microsoft Word template which is fully editable to fit your business needs.