CCC contribution Clause Samples

CCC contribution. CCC's contribution to the joint venture shall consist of (a) capital, in the amount of US$3 million (three million U.S. dollars), converted if necessary into Malaysian ringgit at such point as may be necessary in accordance with Malaysian government regulations; (b) trademark rights in accordance with the provisions of Article 7.1 of this Agreement, valued at US$1 million (one million U.S. dollars); and (c) technological know-how involved in establishing and conducting the operations of CTC, valued at US$1 million (one million U.S. dollars).