Document background
The Project Joint Venture Agreement is a specialized legal instrument used when two or more parties wish to collaborate on a specific project while maintaining their separate legal identities. This document type is particularly relevant under Dutch law, which provides a flexible framework for business collaborations. It is commonly used for large-scale projects where parties need to combine their expertise, resources, or market access while limiting the collaboration to a specific project scope. The agreement typically includes comprehensive provisions for project governance, risk allocation, profit sharing, and operational management, while ensuring compliance with Dutch corporate and commercial law requirements. It's especially useful in scenarios requiring clear project boundaries, defined exit strategies, and specific performance metrics, distinguishing it from more general joint venture arrangements.
