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a part of this maincontract). Article 12 The right to the use of site contributed by Party A shall be for theuse of the cooperative venture pany within _______________days afterthe approval of the contract. The cash contributed by Party B shall be paid in_______________installment. Each installment shall be as follows: (Note: it shall be written according to the concrete conditions). Article 13 The machines and equipment contributed by Party B as investment shallmeet the needs of the cooperative venture pany, and shall be carried tothe Chinese port_________ days before the pletion of the premisesconstruction. Chapter 5 Responsibilities of Each Party to the Joint Venture Article 14 Party A and Party B shall be respectively responsible for thefollowing matters: Page 3 of 5 Responsibilities of Party A: Handling of applications for approval, registration, business licenseand other matters concerning the establishment of the cooperative venturepany from relevant departments in charge of China。 Training the technical personnel and workers of the cooperativeventure pany。 Assisting foreign workers and staff in applying for entry visas, worklicenses and handling their travel procedures。 Assisting the cooperative venture pany in purchasing or leasingequipment, materials, raw materials, articles for office use, means oftransportation and munication facilities etc.。 ____________% as repayment for Party B’’s Investment and___________Years scheduled to pay back all Party B’’s Investment。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____