【正文】 ing for __________%.The cooperative venture pany may entrust Party B to sell its products, accounting for ________%.Article 18The cooperative venture39。 _____by Party ______. The general manager and deputy general managers whose terms of office is _____years shall be appointed by the board of directors.Article 27The responsibility of the general manager is to carry out the decisions of the board and organize and conduct the daily management of the cooperative venture pany. The deputy general managers shall assist the general manager in his work.Article 28The general manager shall report to the board of directors the operation conditions of the cooperative pany every three months, and make a financial report every six months.Article 29In case of graft or serious dereliction of duty on the part of the general manager and deputy general managers, the board of directors shall have the power to dismiss them at any time.Chapter 11 Labor ManagementArticle 30Labor contract covering the recruitment, employment, dismissal and resignation, wages, labor insurance, welfare, rewards, penalties and other matters concerning the staff and workers of the cooperative venture pany shall be drawn up between the cooperative venture pany and the trade union of the cooperative venture pany as a whole, or the individual employees in the cooperative venture pany as a whole or individual employees in accordance with the law of the People39。s Republic of China.Article 34The fiscal year of the joint venture pany shall be from January 1 to December 31. All vouchers, receipts, statistic statements and reports shall be written in Chinese.(Note: A foreign language can be used concurrently with mutual consent).Article 35Financial checking and examination of the cooperative venture pany shall be conducted by an auditor registered in China and reports shall be submitted to the board of directors and the general manager.In case Party B considers it necessary to employ a foreign auditor registered in another country to undertake annual financial checking and examination, Party A shall give its consent. All the expenses thereof shall be borne by Party B.Article 36In the first three months of each fiscal year, the manager shall prepare the previous year39。s Republic of China. Types, value and duration of insurance shall be decided by the board of directors in accordance with the provisions of the People39。s Republic of China.Chapter 20 Settlement of DisputesArticle 48Any disputes arising from the execution of, or in connection with, the contract shall be settled through friendly consultations between both parties. In case no settlement can be reached through consultations, the disputes shall be submitted to the Foreign Economic and Trade Arbitration Commission of the China Council for the Promotion of International Trade for arbitration in accordance with its rules of procedure. The arbitral award is final and binding upon both parties.Article 49During the arbitration, the contract shall be observed and enforced by both parties except for the matters in dispute.Chapter 21 LanguageArticle 50The contract shal be written in Chinese and in ____________. Both language versions are equally authentic. In the event of any discrepancy between the two aforementioned versions, the Chinese version shall prevail.Chapter 22 Effectiveness of the Contract and MiscellaneousArticle 51The appendices drawn up in accordance with the principles of this contract are integral parts of this contract, including: the project agreement, the technology transfer agreement, the sales agreement etc.Article 52The contract and its appendices shall e into force mencing from the date of approval of the Ministry of Foreign Trade and Economic Cooperation of the People39。s rights and obligations be sent by either Party A or Party B by telegram or telex, etc., the Written letter notices shall be also required afterwards. The legal addresses of Party A and Party B listed in this contract shall be the posting addresses.Article 54The contract is signed in __________, China by the authorized representatives of both parties on _____, 19_______.For Party AFor Party B(Signature) (Signature)