AMENDED AND RESTATED JOINT VENTURE CONTRACT between CHINA CERTIFICATION & INSPECTION (GROUP) CO., LTD. and UL LLC Dated October 28, 2022Joint Venture Contract • September 7th, 2023 • UL Solutions Inc. • Services-testing laboratories
Contract Type FiledSeptember 7th, 2023 Company IndustryPAGE ARTICLE 1 DEFINITIONS AND INTERPRETATION 1 ARTICLE 2 PARTIES; REPRESENTATIONS AND WARRANTIES 2 ARTICLE 3 PURPOSE AND BUSINESS SCOPE 2 ARTICLE 4 THE COMPANY 3 ARTICLE 5 TOTAL INVESTMENT AND REGISTERED CAPITAL 4 ARTICLE 6 RESPONSIBILITIES OF EACH PARTY; ANCILLARY AGREEMENTS 6 ARTICLE 7 KNOW-HOW LICENSE 11 ARTICLE 8 TRADEMARKS/SERVICE MARKS, CORPORATE NAME AND CONFIDENTIALITY 11 ARTICLE 9 SHAREHOLDERS’ MEETING 13 ARTICLE 10 BOARD OF DIRECTORS 15 ARTICLE 11 SUPERVISORS 19 ARTICLE 12 MANAGEMENT 20 ARTICLE 13 ANNUAL OPERATING PLANS AND BUDGET PLANS 21 ARTICLE 14 PROCUREMENT OF SUPPLIES 22 ARTICLE 15 FOREIGN EXCHANGE 22 ARTICLE 16 LABOR MANAGEMENT 22 ARTICLE 17 FINANCIAL AFFAIRS, TAXATION AND AUDITING 23 ARTICLE 18 DURATION OF THE JOINT VENTURE 24 ARTICLE 19 TRANSFER OF EQUITY INTERESTS 24 ARTICLE 20 TERMINATION AND LIQUIDATION 25 ARTICLE 21 LIABILITIES FOR BREACH OF CONTRACT 30 ARTICLE 22 APPLICABLE LAW 30 ARTICLE 23 FORCE MAJEURE 31 ARTICLE 24 INSURANCE 31 ARTICLE 25 COMPLIANCE; ANTI-B