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CONTRACT FOR JOINTOPERATING ENTERPRISE IN TECHNOLOGYARTICLE 1 ESSENCE OF CONTRACT Two parties of this Contract: Party A:____________ Legal Address:____________ :____________ Tel: ____________ Fax: ____________ Email:____________ ____________ Legal Representative:____________ Title:____________ Party B:____________ Legal Address:____________ :____________ Tel:____________ Fax:____________ Email:________________________ Legal Representative:____________ Title:____________ Party A and Party B (hereinafter referred to as the Parties) agree to jointly form a Cooperation Venture Company (hereinafter referred to as the CVC) in accordance with the Law of and Regulations for the implementation of and other applicable laws and regulations. The aim of CVC is to introduce the Patent and engage in production cooperation in accordance with the technical Knowhow specified in the Patent. Party A shall provide the factory building and other necessary facilities for production, and Party B shall offer the technical Patent. Both Parties shall each contribute their paid in capital in pliance with the items specified in the appendix to the Contract .CVC shall be run by Party A on its own, whilst Party B shall undertake the usage of the whole process of the technical patent so as to guarantee the products manufactured are up to the standards stipulated in the Contract. The technical Patent supplied by Party B shall be pensated for by the Royalties.ARTICLE 2 DEFINITIONS The technical terms defined in the Contract and in the Annexes attached thereto are incorporated herein by reference as if set forth herein in full. In addition to such technical terms, the following technical terms used herein shall have the meanings set forth below: . Products shall mean the products listed in the attachment to this Contract. . Patents shall mean registered patent rights, registered utility model rights and any applications therefore listed in the Attachment to this Contract. Technology shall mean all technical data, formulations, manufacturing procedures, drawings and specifications, as well as manuals, catalogues and all other technical information which is necessary or desirable for the manufacture, use, service and sale of the Products and which Party B presently owns or will hereafter sell or transfer. Trademarks shall mean the trademarks listed in the attachment to this Contract. Technical assistance During the term of this Contract Party B shall send to the Cooperation Venture39。s manufacturing facility technical experts in the manufacture and development of the Products for a period to be agreed by CVC and Party B in each year of this Contract. The salary and wages of such specialists and their travel expenses between their regular place of employment and CVC manufacturing facility shall be paid by Party B and the cost of their acmodation, meals and living allowances while in CVC shall be paid by CVC. At the request of