– Any information it receives from its participation in the joint venture (and must ensure that its employees comply with these restrictions), unless such information is provided: This joint venture agreement allows the parties to enter the following information: A joint venture agreement, also known as a joint venture agreement, is used when two or more companies or individuals have a temporary business relationship (joint venture) to achieve a joint venture relationship. objective mutual business. A partnership usually concerns a single legal person owned by two or more persons, while a joint venture agreement covers a short-term project between several parties. The terms „joint venture agreement“ and „partnership agreement“ are sometimes mixed, but do not refer to the same thing. There may come a time when your company would launch a project and a strategic alliance with an individual or team would be needed to finalize it. In such cases, it is very likely that you should conclude a joint venture agreement so that everything is clear to both parties. Unlike a partnership that would last longer, or even lasting, a joint venture would only last as long as the project is underway. Once the project is completed, the Joint Undertaking would also be completed. . . .