Model Joint Venture Agreement

Model Joint Venture Agreement

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時(shí)間:2019-06-15

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1、MODELJOINTVENTUREAGREEMENTJOINTVENTUREAGREEMENTBETWEENINNOVATIVETECHNOLOGIES,INC.OFCHARLOTTESVILLE,VIRGINIAUNITEDSTATESOFAMERICAANDTHEUNITEDCOMPUTERANDSOFTWAREENTERPRISESOFMEXICOJOINTVENTUREAGREEMENTEnteredintothis______dayof______________________,1994,ByandBetweenUnitedComputerandSof

2、twareEnterprisesofMexicoontheonehand(hereinaftercalled"UNITED");andInnovativeTechnologies,Inc.,acorporationorganizedandexistingunderthelawsoftheStateofVirginia,UnitedStatesofAmerica,withitsprincipalofficeatCharlottesville,Virginia,U.S.A.,andInnovativeTechnologies,Ltd.(Europe)Ltd.,acor

3、porationorganizedandexistingunderthelawsoftheUnitedKingdom("IT(Europe)")ontheotherhand(hereinaftercollectivelycalled"IT").WITNESSETHWHEREAS,UNITEDandIT(hereinaftercollectivelycalledthe"parties")haveenteredintotwomemorandaofagreementdatedJune18,1994,fortheprocurementandtransferofcomput

4、ertechnology;andWHEREAS,UNITEDandITdesiretocreatethebasisforacloseandlong-termrelationshipand,therefore,wishtoestablishanEquityJointVentureintheformofaLimitedLiabilityJointOwnershipCompanytobeknowasMexico-UnitedStatesComputerSystems(hereinaftercalledthe"JointVenture"orthe"Company")inw

5、hichbothpartieswillhaveownershipinterestsandrights;andWHEREAS,thepurposeoftheJointVentureistoownandoperateafacilityinMexicofortheassemblyandmanufactureofcertainelectronicproductsashereinafterdefined;andWHEREAS,itistheintentionofthepartiesthatfinancingfortheiragreeduponequitycontributi

6、onstotheJointVenturewillbeguaranteedforeachpartybytheForeignTradeBankofMexico;andWHEREAS,UNITEDispreparedtoprovidelandandconstructabuildingorbuildingsappropriateforsuchafacility,aswellastoprovideotherassistanceandservicesnecessarytoaccomplishthepurposeoftheJointVenture;andWHEREAS,inor

7、dertoaccomplishtheforegoingITispreparedtoequipandassistintheconstruction,installationanderectionofsuchafacilityandtoassistinthetrainingoftechnicians,machineoperators,supervisorsandothermanagementpersonnelfortheoperationandmanagementofsuchafacility;andWHEREAS,ITispreparedtofurnishtothe

8、Joint

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