Establishment of Company. ARCADIA has established and formed Verdeca LLC. A copy of the Certificate of Formation of Verdeca LLC is attached hereto as Exhibit A.
Establishment of Company. The Parties will form or purchase a Sociedad Anónima in the city of Montevideo (Uruguay) (the “Company”, as defined above) in accordance with all applicable laws.
Establishment of Company. In accordance with the Laws and Regulations and based upon the provisions of this Contract, the Parties have agreed to establish the Company, which shall be managed and operated by Party A. The Parties have also agreed to draw up and sign the Articles of Association of the Company. This Contract and the Articles of Association shall be signed by the legal representatives or duly authorized representatives of the Parties and submitted to the competent authorities for examination and approval. In case of any inconsistency or conflict between the provisions of this Contract and the Articles of Association, the provisions of this Contract shall prevail, and the Parties shall undertake to amend the Articles of Association so as to conform with the provisions of this Contract.
Establishment of Company. The Parties hereby agree to establish the JV Company promptly after the Effective Date in accordance with the Joint Venture Law, the Joint Venture Regulations, and other applicable PRC Laws. The JV Company shall be an enterprise legal person under the laws of the PRC subject to the protection and jurisdiction of PRC Laws. All of the activities of the JV Company shall comply with applicable PRC Laws.
Establishment of Company. 2.1 On or before the Effective Date Party A and Party B must procure:
(1) the incorporation in the British Virgin Islands of a company with the New Company Name;
(2) the adoption by the Company of the Constitution;
(3) the appointment of the Initial Directors at a duly authorised meeting; and
(4) the allotment to Party A and Party B of the Shares.
2.2 Unless otherwise decided by the Board:
(1) the Auditors are PricewaterhouseCoopers;
(2) the company secretary is Bill Xxx & Xssociates Limited, a company incorporated under the jurisdiction of Hong Kong; and
(3) the financial year of the Company commences on 1 July of each year and terminates on 30 June of the following year.
2.3 Party A and Party B must take steps commercially reasonable for the Company to commence operations on or before the Effective Date.
2.4 The Board must decide upon the following no later than 3 months after the signing of this Agreement
(1) management structure;
(2) marketing strategy;
(3) staffing levels;
(4) funding requirements;
(5) accounting/administration procedures;
(6) electronic data and document processing;
(7) bankers and insurers;
(8) premises from which the Company operates; and
(9) adoption of the Initial Annual Program.
Establishment of Company. I. Party B shall register and establish a foreign-invested enterprise (hereinafter referred to as the “Project”) in the Shanghai Jiading Industrial Zone in accordance with the relevant laws of the People’s Republic of China and the relevant rules of the city of Shanghai and the Jiading Industrial Zone.
II. The Project’s total estimated investment is 75 million USD; the planned registered capital is 25 million USD. The Project’s planned scope of business is software development, e-business, online mall, and third-party logistics.
III. Party B promises to commence the relevant applications under the Project within 15 days following the execution of this agreement.
IV. Party A is committed to actively assist Party B in completing formalities necessary for the registration of the Project.
Establishment of Company. The Manager has formed a limited liability company (the “Company”) pursuant to the Limited Liability Company Act and other applicable laws of the State of New York and upon the terms and conditions set forth in this Agreement. To the extent that the rights or obligations of any Investing Member under the Limited Liability Company Act are different by reason of any provision of this Agreement than they would be in the absence of such provision, this Agreement shall, to the extent permitted by the Limited Liability Company Act, control.
Establishment of Company. The Parties hereby agree to establish the Company promptly after the Effective Date in accordance with the EJV Law, the EJV Implementing Regulations, other Applicable Laws and regulations of the PRC.
Establishment of Company. The Parties hereby agree to establish the Company promptly after the Effective Date in accordance with the related laws and regulations of P.R.China.
Establishment of Company. 1Incorporation: The Shareholders shall immediately after signing this agreement take all steps necessary (including signing documents) to incorporate the Company as a New Zealand registered company.
