d.
chapt er10businessmanagementoffice
article26
thecooperativeventurecompanyshallestablishamanagementofficewhichshallberesponsibleforitsdailymanagement.themanagementofficeshallhaveageneralmanager,appointedbyparty_____,______deputygeneralmanagers,_____byparty_____;_____byparty______.thegeneralmanageranddeputygeneralmanagerswhosetermsofofficeis_____yearsshallbeappointedbytheboardofdirectors.
article27
theresponsibilityofthegeneralmanageristocarryoutthedecisionsoftheboardandorganizeandconductthedailymanagementofthecooperativeventurecompany.thedeputygeneralmanagersshallassistthegeneralmanagerinhiswork.
article28
thegeneralmanagershallreporttotheboardofdirectorstheoperationconditionsofthecooperativecompanyeverythreemonths,andmakeafinancialreporteverysixmonths.
article29
incaseofgraftorseriousderelictionofdutyonthepartofthegeneralmanageranddeputygeneralmanagers,theboardofdirectorsshallhavethepowertodismissthematanytime.
chapter11labormanagement
article30
laborcontract coveringtherecruitment,employment,dismissalandresignation,wages,laborinsurance,welfare,rewards,penaltiesandothermattersconcerningthestaffandworkersofthecooperativeventurecompanyshallbedrawnupbetweenthecooperativeventurecompanyandthetradeunionofthecooperativeventurecompanyasawhole,ortheindividualemployeesinthecooperativeventurecompanyasawholeorindividualemployeesinaccordancewiththelawofthepeople'srepublicofchinaonchinese-foreigncooperativejointventures.thelaborcontractsshall,afterbeingsigned,befiledwiththelocallabormanagementdepartment.
article31
theappointmentofhigh-rankingadministrativepersonnelrecommendedbybothparties,theirsalaries,socialinsurance,welfareandthestandardoftravellingexpensesetc.shallbedecidedbythemeetingoftheboardofdirectors.
chapter12taxes,financeandaudit
article32
thecooperativeventurecompanyshallpaytaxesinaccordancewiththeprovisionsofchineselawsandotherrelativeregulations.
article33
staffmembersandworkersofthecooperativeventurecompanyshallpayindi vidualincometaxaccordingtotheindividualincometaxlawofthepeople'srepublicofchina.
article34
thefiscalyearofthejointventurecompanyshallbefromjanuary1todecember31.allvouchers,receipts,statisticstatementsandreportsshallbewritteninchinese.
(note:aforeignlanguagecanbeusedconcurrentlywithmutualconsent).
article35
financialcheckingandexaminationofthecooperativeventurecompanyshallbeconductedbyanauditorregisteredinchinaandreportsshallbesubmittedtotheboardofdirectorsandthegener
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