Joint Venture Agreement English template of the camp agreementJoint Venture Agreement This Joint Venture Agreement is made on _________ in ________between _________________________________ hereinafter

______________________; 4.The Parties shall contribute to the JV as follows: a._____________shall contribute ___________ percent (%) of the capital, while b._____________shall contribute ___________ percent (%) of the capital; 5.The Parties shall share profits and losses in accordance with their respective contributions to the JV; 6.The JV shall be managed by a Board of Directors consisting of ___________representatives from each Party, with the leader of the JV serving as the Chairman of the Board; 7.The Board of Directors shall have the power to make all decisions concerning the JV’s day-to-day operations and long-term strategy; 8.The Parties shall ensure that the JV complies with all applicable laws and regulations related to the Contract and the Project; 9.The JV shall maintain proper books of accounts and records, which shall be open for inspection by the Parties at any time; 10.The JV shall terminate automatically upon completion of the Contract, unless extended by mutual agreement of the Parties; 11.Any dispute arising out of or in connection with this Agreement shall be resolved amicably through negotiations between the Parties. If the dispute cannot be resolved amicably within thirty (30) days, it shall be referred to arbitration in accordance with the rules of the International Chamber of Commerce; and 12.This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and assigns. IN WITNESS WHEREOF, the Parties have executed this Joint Venture Agreement as of the date first above written. ____________________________ ____________________________ (Signature) (Signature) ____________________________ ____________________________ (Print Name) (Print Name) ____________________________ ____________________________ (Title) (Title