0000755229-97-000013 Sample Contracts

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JOINT VENTURE AGREEMENT Curtis Mathes Marketing Corporation and CMLP Group, Ltd., referred to in this Agreement as the "Joint Venturers," agree as follows: 1. Purpose of Joint Venture. The parties voluntarily associate themselves together as joint...
Joint Venture Agreement • September 11th, 1997 • Curtis Mathes Holding Corp • Household audio & video equipment

Agreement. Nothing in this Agreement shall confer on either Joint Venturer any propriety interest in, or subject either Joint Venturer to any liability for, the business assets, profits, losses or obligations of the other, except to the extent provided in this Agreement. 12. Withdrawal of Joint Venturer. Any Joint Venturer may withdraw from the Joint Venture by giving the other Joint Venturer thirty (30) days written notice of its intention to do so. In that event, the Joint Venturers will proceed to divide the Joint Venture liabilities and assets, including any property owned by the Joint Venture. However, it is expressly provided that no Joint Venturer shall be released from indivisible liabilities incurred prior to withdrawal from the Joint Venture. The Joint Venture will terminate after its affairs are wound up, its assets are divided and liquidated, its debts are paid, and any surplus is divided equally among the Joint Venturers. 13. Right of First Refusal to Purchase Interest. If

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