【正文】 ipment are excellent and it is to meet the requirement of technological operation and practical usage。 Responsible for other matters entrusted by the joint venture pany. (note: It shall be written according to the specific situation). Chapter 7 Transfer of Technology Article 15 Both Party A and Party B agree that a technology transfer agreement shall be signed between the joint venture pany and Party B (or a third party) so as to obtain advanced production technology needed for realizing the production and operation purpose and the production scale specified in Chapter 4 of the contract, including product design, manufacturing technology, means of testing, materials prescription, standard of quality and the training of personnel etc. (Note: It shall be written in the contract according to the concrete conditions). Article 16 Party B offers the following guarantees on the transfer of technology: (Note: Article applies only when Party B is responsible for transferring technology to the joint venture pany). 1. Party B guarantees that the overall technology such as the designing, manufacturing technology, technological process, tests and inspection of products (Note: The name of the products shall be written) provided to the joint venture pany must be integrated, precise and reliable. It is to meet the requirement of the joint venture39。 Training the technical personnel and workers of the joint venture pany。 Handling the matters entrusted by the joint venture pany, such as selecting and purchasing machinery and equipment outside China, etc.。 Assisting foreign workers and staff in applying for entry visas, work licenses and handling their travel procedures。 Assisting the joint venture pany in contacting and settling the fundamental facilities such as water, electricity, transportation etc.。 Assisting Party B to process import customs declaration for the machinery and equipment contributed by Party B as investment and arranging the transportation within the Chinese territory。 anizing the design and construction of the premises and other engineering facilities of the joint venture pany。 Party B shall pay ___________Yuan, accounting for __________%. Article 11 Both Party A and Party B will contribute the following as their investment: Party A: cash __________Yuan machines and equipment __________Yuan premises __________Yuan the right to the use of the site __________Yuan industrial property __________Yuan others __________ Yuan, __________ Yuan in all. Party B: cash __________Yuan machines and equipment __________Yuan industrial property __________Yuan others __________Yuan, __________Yuan in all. (Note: When contributing capital goods or industrial property as investment, Party A and Party B shall conclude a separate contract to be a part of this main contract). Article 12 The registered capital of the joint venture pany shall be paid in ___________ installments by Party A and Party B according to their respective proportion of their investment. Each installment shall be as follows: (Note: it shall be written according to the concrete conditions). Article 13 In case any party to the joint venture intends to assign all or part of his investment subscribed to a third party, consent shall be obtained from the other party to the joint venture, and approval from the examination and approval authority is required. When one party to the joint venture assigns all or part of his investment, the other party has preemptive right. Chapter 6 Responsibilities of Each Party to the Joint Venture Article 14 Party A and Party B shall be respectively responsible for the following matters: Responsibilities of Party A: Handling of applications for approval, registration, business license and other matters concerning the establishment of the joint venture pany from relevant departments in charge of China。 provide maintenance service after the sale of the products。s Republic of China. Chapter 2 Parties of the Joint Venture Article 1 Parties to this contract are as follows: ___________Company ( hereinafter referred to as Party A), registered with __________ in China, and its legal address is at ___________ (street) __________ (district) ___________ (city) ___________China. Legal representative: Name: Position: Nationality: __________Company (hereinafter referred to as Party B), registered with __________. Its legal address at ___________. Legal representative: Name: Position: Nationality: (Note: In case there are more than two investors, they will be called Party C,D...in proper order). Chapter 3 Establishment of the Joint Venture Company Article 2 In accordance with the Joint Venture Law and other relevant Chinese laws and regulations, both parties of the joint venture agree to set up _____________joint venture limited liability pany ( hereinafter referred to as the joint venture pany). Article 3 The name of the joint venture pany is __________Limited Liability Company. The name in foreign language is __________. The legal address of the joint venture pany