Joint Venture Agreement

4. 合營企業各方必須在___年___月____日前交付其出資。遲交必須交納利息或賠償因此而造成的損失。

5. 甲乙雙方中任何一方轉讓其出資額,須經另一方同意和其政府批准,該方享有優先購買權。

1. the registered capital of joint venture shall be_______(amount of capital), of which half (50%) will be contributed by each party.

2. party a's contributions include

(1) buildings and premises:________(value);

(2) domestically-made equipment:______(value);

(3) cash:_______;

(4) the site of joint venture:______(value).

3. party b's contributions include

(1) cash:______;

(2) sophisticated equipment:_______(value);

(3) industrial property  _______(value).

party b shall present to party a the relevant documentation on the industrial property including photocopies of the patent certificates and trademark registration certificates, statements of validity, their technical characteristics, practical value, the basis for calculating the price, etc.

4. each party to joint venture shall pay in its contributions before______(time limit).  any delay in payment will be subject to a payment of interest or a compensation for the loss occurred therein.

5. the transfer of one party's share in the registered capital shall be effected with the prior consent of the other party and approval of its government and the latter shall enjoy priority to purchase it.

第五條  專利許可

article 5  patent licensing arrangement

1. 乙方同意向合營企業轉讓下列獨家許可:

(1)專利獨占許可——依據本協定的專利許可協定,用乙方專利生產.使用和銷售許可產品。

(2)商標獨占許可——依據本協定的專利許可協定,用乙方商標銷售許可產品。

(3)專有技術獨占許可——根據本協定的技術援助協定,用乙方專有技術生產和銷售專利產品。

2. 甲乙雙方同意,在執行本協定的同時,將全面貫徹執行上述三個協定:專利許可協定.商標許可協定和技術援助協定。

1. party b agrees to grant joint venture the following exclusive licences:

(1) an exclusive license to manufacture, use and sell licensed product under party b's patents according to the terms and conditions of the patent license agreement attached hereto.

(2) an exclusive license to use trademark in marketing licensed product according to the terms and conditions of the trademark license agreement attached hereto.

(3) an exclusive license to practise party b's know-how for manufacturing and marketing licensed product according to the terms and conditions of the technical asistance agreement attached hereto.