stable production of qualified products of the cooperative venture company in the light of design capacity within the specified period;
responsible for other matters entrusted by the joint venture company.
(note: it shall be written according to the specific situation).
chapter 7 distribution of profits and repayment for party b's investment
article 15
the cooperative venture company shall distribute its profits in accordance with the following procedure after paying the income tax:
____________% as allocations for reserve funds, expansion funds, welfare funds and bonuses for staff and workers of the cooperative venture company;
____________% as repayment for party b's investment and ___________years scheduled to pay back all party b's investment;
____________% of the left distributed to party a and ___________% to party b.
chapter 8 selling of products
article 16
the products of cooperative venture company will be sold both on the chinese and the overseas market, the export portion accounts for ____________%, ____________% for the domestic market.
(note: an annual percentage and amount for outside and domestic selling will be written out according to practical operations, in normal conditions, the amount for export shall at least meet the needs of foreign exchange expenses of the joint venture company).
article 17
products may be sold on overseas markets through the following channels:
the cooperative venture company may directly sell its products on the international market, accounting for _________%.
the cooperative venture company may sign sales contracts with chinese foreign trade companies, entrusting them to be the sales agencies or exclusive sales agencies, accounting for __________%.
the cooperative venture company may entrust party b to sell its products, accounting for ________%.
article 18
the cooperative venture's products to be sold in china may be handled by the chinese materials and commercial departments by means of agency or exclusive sales, or may be sold by the cooperative venture company directly.
article 19
in order to provide maintenance service to the products sold both in china or abroad, the cooperative venture company may set up sales branches for maintenance service both in china or abroad subject to the approval of the relevant chinese department.
chapter 9 the board of directors
articl
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