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【正文】 terms of office is _____yearsshall be appointed by the board of directors. Article 27 The responsibility of the general manager is to carry out thedecisions of the board and anize and conduct the daily management ofthe cooperative venture pany. The deputy general managers shall assistthe general manager in his work. Article 28 The general manager shall report to the board of directors theoperation conditions of the cooperative pany every three months, andmake a financial report every six months. Article 29 In case of graft or serious dereliction of duty on the part of thegeneral manager and deputy general managers, the board of directors shallhave the power to dismiss them at any time. 。 ____________% as repayment for Party B’’s Investment and___________Years scheduled to pay back all Party B’’s Investment。 Providing necessary technical personnel for installing, testing andtrial production of the equipment as well as the technical personnel forproduction and inspecting。 Assisting the cooperative venture in recruiting Chinese managementpersonnel, technical personnel, workers and other personnel needed。 Organizing the design and construction of the premises and otherengineering facilities of the cooperative venture pany。Page 1 of 5 THE CONTRACT FOR SINOFOREIGN COOPERATIVE JOINT VENTURE Chapter 1 General Provisions In accordance with the Law of the People’’s Republic of China on ChineseForeign Cooperative Joint Ventures and other relevant Chinese laws andregulations, _______________Company and _________Company, in accordancewith the principle of equality and mutual benefit and through friendlyconsultations, agree to jointly set up a Cooperative venture in _______the People’’s Republic of China. Chapter 2 Parties of the Cooperative Venture Article 1 Parties to this contract are as follows: _________Company (hereinafterreferred to as Party A), registered with ______in China, and its legaladdress is at____________(street)_______(district)_____________(city)_____________China. Legal representative: Name: Position: Nationality: ___________Company (hereinafter referred to as Party B), registeredwith_______. Its legal address at___________. Legal representative: Name: Position: Nationality: (Note: In case there are more than two investors, they will be calledParty C, D... in proper order). Chapter 3 Establishment of the Cooperative Venture Company Article 2 In accordance with t
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