【正文】 s Republic of ina. Types,value and duration of insurance shall be decided by the board of directorsin accordance with the provisions of the People39。s Republic of ina.　　Article 44　　Allocations for reserve funds, expansion funds of the joint venturepany and welfare funds and bonuses for staff and workers shall be setaside in accordance with the provisions of the Joint Venture Law. Theannual proportion of allocations shall be decided by the board ofdirectors according to the business situation of the joint venturepany.　　Article 45　　The fiscal year of the joint venture pany shall be from January 1to December 31. All vouers, receipts, statistic statements and reportsshall be written in inese.　　(Note: A foreign language can be used concurrently with mutualconsent).　　Article 46　　Financial ecking and examination of the joint venture pany shallbe conducted by an auditor registered in ina and reports shall besubmitted to the board of directors and the general case Party B considers it necessary to employ a foreign auditorregistered in another country to undertake annual financial ecking andexamination, Party A shall give its consent. All the expenses thereofshall be borne by Party B.　　Article 47　　In the first three months of ea fiscal year, the manager shallprepare the previous year39。 _______by Party ________. The generalmanager and deputy general managers whose terms of office is ________years shall be appointed by the board of directors.　　Article 31　　The responsibility of the general manager is to carry out thedecisions of the board and organize and conduct the daily management ofthe joint venture pany. The deputy general managers shall assist thegeneral manager in his work.　　Several department managers may be appointed by the management office,they shall be responsible for the work in various departmentsrespectively, handle the matters handed over by the general manager anddeputy general managers and shall be responsible to them.　　Article 32　　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 diiss them at any time.　　apter 11 Purase of Equipment　　Article 33　　In its purase of required raw materials, fuel, parts, means oftransportation and articles for office use, etc., the joint venturepany shall give first priority to purase in ina where conditionsare the same.　　Article 34　　In case the joint venture pany entrusts Party B to puraseequipment on the overseas market, persons appointed by the Party A shallbe invited to take part in the purasing.　　apter 12 Preparation and Construction　　Article 35　　During the period of preparation and construction, a preparation andconstruction office shall be set under the board of directors. Thepreparation and construction office shall consist of _________ persons,among whi ________ persons will be from Party A, _______ persons fromParty B. The preparation and construction office shall have one managerremended by Party _________, and one deputy manager by Party manager and deputy manager shall be appointed by the board ofdirectors.　　Article 36　　The preparation and construction office is responsible for thefollowing concrete works: examining the designs of the project, signingthe project construction contract, organizing the purase and inspectionof related equipment, materials, etc., working out the general sedule ofproject construction, piling the expenditure plans, controlling projectfinancial payments and final accounts of the project, drawing managerial methods and keeping and filing documents, drawings, files andmaterials, etc., during the construction period of the project.　　Article 37　　A tenical gro with several tenical personnel appointed by PartyA and Party B shall be organized. The gro, under the leadership of thepreparation and construction office, is in arge of the examination,servision, inspection, testing, ecking and accepting, and performanceecking of the project design, the quality of the project, the equipmentand materials and the imported tenology.　　Article 38　　After approval by both parties, the establishment, remuneration andthe expenses of the staff of the preparation and construction office shallbe covered in the project budget.　　Article 39　　After having pleted the project and finished the turning overprocedures, the preparation and construction office shall be dissolvedon the approval of the board of directors.　　apter 13 Labor Management　　Article 40　　Labor contract covering the recruitment, employment, diissal andresignation, wages, labor insurance, welfare, rewards, penalties and othermatters concerning the staff and workers of the joint venture panyshall be drawn between the joint venture pany and the trade union ofthe joint venture pany as a whole, or the individual employees in thejoint venture pany as a whole or individual employees in accordancewith the Regulations of the People39。s products to be sold in ina may be handled by theinese materials and mercial departments by means of agency orexclusive sales, or may be sold by the joint venture pany directly.　　Article 23　　In order to provide maintenance service to the products sold both inina or abroad, the joint venture pany may set sales branes formaintenance service both in ina or abroad subject to the approval of therelevant inese department.　　Article 24　　The trade mark of the joint venture39。　　5. During the term of the tenology transfer agreement, Party B shallprovide the joint venture pany with any improvements in the tenologyand the improved information and tenological materials in time, andshall not arge separate fees?！　?. Party B shall work out a detailed list of the provided tenologyand tenological service at various stages as specified in the tenologytransfer agreement to be an appendix to the contract, and guarantee itsperformance。s operationpurpose, and be able to obtain the standard o