The Joint Venture. Company shall procure that whichever of the Ship Manager and the Corporate Services Provider which is then responsible for such task prepares a draft budget, which shall be ready not later than 1 November in the year preceding that to which it relates.
The Joint Venture. Company shall adopt a labor contract system. The wages, welfare, labor insurance and other rights and obligations of working personnel and Management Personnel shall be regulated through individual or group labor contracts.
The Joint Venture. 3.01 General
The Joint Venture. 2.1 The Venturers shall promote the Company as a joint venture between them on and subject to the terms of this Agreement.
The Joint Venture. 7.1 Formation of Joint Venture SECTION 8. -
The Joint Venture. 3.1. As soon as reasonably practicable after the effective date of this Agreement, PSI and the TCG Designee shall cooperate to establish the EJV in such jurisdiction and in such form as they may deem appropriate for the purposes of the EJV, PSI and the TCG Designee, and in accordance with such jurisdiction's applicable law. The symbol "--" indicates that a confidential portion has been omitted and filed separately with the Securities and Exchange Commission
The Joint Venture. Company shall apply for and hold in its own name all mining, production and sales rights related to its activities.
The Joint Venture. 4.0.1 The Joint Venture shall produce JV Product(s), using technology (including Joint Technology (as defined in Exhibit D) and technology developed in the course of the Program and thereafter) relating to Mechanical Alloying or Mechanical Deformation, and shall sell such JV Product(s) to or through ASC upon the terms and conditions referred to in ARTICLE III above.
The Joint Venture. Company shall establish a Board of Directors. The date of registration of the Joint Venture Company shall be the date of the establishment of the Board of Directors of the Joint Venture Company.
The Joint Venture. Upon signing of this agreement, a joint venture will be formed. The interest of the parties shall be as follows: o Omicron shall be entitled to receive 40% of all profits of the Joint Venture, and ViaSpace shall be entitled to receive up to 60% of the profits o Royalties payments to JPL and Caltech will be paid by the Joint Venture prior to sharing profits between ViaSpace and Omicron.
