jointventureagreement-paulhoyt：合资协议-保罗霍伊特

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1、paulhoy勺JOINTVENTUREAGREEMENTThisJOINTVENTUREAGREEMENT(“Agreement”)ismadeonbetweenCompany1andCompany2,together,theJointVenturers”.RECITALSTheJointVenturershaveagreedtomakecontributionsforthepurposeofdeveloping[andmarketing]TheyfurtheragreetoGENERALDEFINITIONSGros

2、sProfit.uGrossProfit"shallbedefinedasrevenuesreceivedfromthesaleofproductslesscommonandagreedupondirectexpensessuchasthecostofmanufacturingandshipping,thecostofphysicalanddigitalfulfillment,commissionsandaffiliatefeespaidtothirdparties,andcreditcardfees.NetProfit

3、.'NetProfit"shallbedefinedastheGrossProfitlessallotherreasonablebusinessexpenses,includingsalesandmarketing,generalandadministrative,depreciationandamortization,interestexpenses,andtaxes.Generally,NetProfitistaxableincomelesstaxes.OtherCriticalDefinitions:Term1:T

4、erm2:AGREEMENTItisthereforeagreed:1・Purpose.TheJointVenturersformthisjointventuretodevelopandmarketandperhapsotherproducts,tobedetermined.2.Intention.TheintentionoftheJointVenturersistocreateanagreementa.Forperiodoftimeb.Thatisawin-winforallparties3.NewEntity:Iti

5、stheintentionoftheVenturerstoa.Formanewlegalentity/orb.Dobusinessasseparatelegalentities.4.Contributions.TheVenturerswilleachmakeinitialcontributionstotheventureasfollows:NameofJointVenturerContributionsCompany11.Therightstousethebrandanddatabasefrom2.Internetpro

6、ductdevelopmentexpertise3.MarketingexpertiseCompany21・Thecreationof2.Marketingexpertise5.Inreturnfortheseinitialcontributions,thepartieswillreceive:NameofJointVenturerCompensationCompany11・Cashof2.Notespayableof3.EauitvofCompany21.Cashof2.Notespayableof3.Equityof

7、6.RolesandResponsibilities・TheVenturerswillperformthefollowingfunctionsonanongoingbasis:NameofJointVenturerContributionsCompany11.Responsibility12.Responsibility2Company21.Responsibility12.Responsibility27.Inreturnfortheseongoingcontributions,thepartieswillreceiv

8、e:NameofJointVenturerCompensationCompany11・Cashof2.Notespayableof3.EauitvofCompany21・Cashof2.Notesoavableof3.Equityof8.Ownership.TheJointVenturersagreethatthei