Fiducia TogetherExiting a joint venture
Getting out of a partnership arrangement. Plan it at the start.
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.
What it means
Exit provisions cover what triggers an exit, how the interest is valued, and who can buy whom out.
Why it matters
The time to agree it is when everyone is optimistic. Negotiating an exit from inside a dispute is expensive and slow.
What it looks like in practice
Common mechanisms: a put and call option, a pre-agreed valuation formula, and shoot-out clauses such as Russian roulette or Texas shoot-out for deadlock.
What to watch out for
Deadlock with no mechanism, in a 50/50 venture. It can only be resolved by agreement or by winding up.
Where to get proper advice
A corporate solicitor at formation, not at exit.
Where to read more
Last reviewed 2026-08-28 by Fiducia Together · Next review due 2027-08-28
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.