Capital requirements, real estate acquisition, and specialized technology sharing mean that EV infrastructure deployment and utility-scale solar projects are frequently structured as Joint Ventures (JVs). Whether you are pairing a foreign battery technology OEM with a local auto manufacturer under the 100% FDI automatic route, or a land developer with a solar EPC firm, a detailed Joint Venture Agreement is critical. This document governs capital contributions, technology licensing, asset ownership, profit splits, and exit routes, ensuring a balanced, secure partnership.
A Joint Venture Agreement (JVA) defines the legal, financial, and operational relationship between independent companies partnering to execute a specific business objective. It outlines capital contribution ratios, management control, revenue-sharing models, technology transfers, and IP licensing, while offering robust protection through non-compete covenants, exit options, and dispute resolution mechanisms. This agreement prevents operational friction, protects proprietary assets, and establishes a clear framework for governance and accountability under Indian corporate law.
Many JVs in the electric vehicle sector involve an international partner licensing battery chemistry, motor designs, or charging algorithms to a localized Indian manufacturer. We draft precise IP licensing clauses within the JV that define geographic limits, sub-licensing rights, and ownership of improvements made during the partnership. This protects the core technology and prevents crippling legal disputes when the joint venture eventually reaches its natural conclusion.
When joint venture partners disagree on major operational decisions, such as expanding a solar field footprint or investing in next-generation machinery, deadlocks can completely freeze operations. Our Joint Venture Agreements feature clear deadlock-resolution mechanisms—such as buy-sell arrangements, structured mediation, or chairperson tie-breakers—ensuring that operations continue smoothly and providing a predefined path for a clean exit if partners decide to part ways.
Details the initial and future financial commitments, technology contributions, and equity allocation of each corporate partner.
Establishes board composition, voting thresholds, veto rights, and executive appointment processes to maintain operational balance.
Structures the transfer, licensing, and usage rights of technologies, trademarks, and trade secrets brought into the venture.
Outlines clear wind-down procedures, share buyback options, and non-compete restrictions to protect assets if the partnership dissolves.
An equity joint venture involves incorporating a new, separate legal entity (such as a Private Limited company or LLP) where both partners hold ownership. A contractual joint venture relies solely on a detailed contract to collaborate without forming a new corporate entity, making it ideal for short-term projects.
To prevent operational paralysis, JVAs utilize structured deadlock resolution mechanisms, including escalation to company CEOs, neutral third-party mediation, or buy-sell provisions (such as the 'Texas shoot-out' clause) where one partner buys out the other at a fair price.
A joint venture often relies on proprietary technology or trademarks provided by one of the partners. A precise IP clause protects the parent company's core assets by granting the JV a strictly defined, non-transferable license rather than full ownership, preventing asset loss upon JV termination.
Comprehensive solutions tailored perfectly to your industry.
Registers your brand identity with the USPTO to establish federal trademark protection across the United States.
