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1、可编辑对外加工贸易-中外合作经营合同范本(1)(3) chapter 7 distribution of profits and repayment for party bs investmentarticle 15 the cooperative venture company shall distribute its profits inaccordance with the following procedure after paying the income tax: _% as allocations for reserve funds, expansion funds,welfar
2、e funds and bonuses for staff and workers of the cooperative venturecompany; _% as repayment for party bs investment and_years scheduled to pay back all party bs investment; _% of the left distributed to party a and _% toparty b.chapter 8 selling of productsarticle 16 the products of cooperative ven
3、ture company will be sold both on thechinese and the overseas market, the export portion accounts for_%, _% for the domestic market. (note: an annual percentage and amount for outside and domesticselling will be written out according to practical operations, in normalconditions, the amount for expor
4、t shall at least meet the needs of foreignexchange expenses of the joint venture company).article 17 products may be sold on overseas markets through the followingchannels: the cooperative venture company may directly sell its products on theinternational market, accounting for _%. the cooperative v
5、enture company may sign sales contracts with chineseforeign trade companies, entrusting them to be the sales agencies orexclusive sales agencies, accounting for _%. the cooperative venture company may entrust party b to sell itsproducts, accounting for _%.article 18 the cooperative ventures products
6、 to be sold in china may be handledby the chinese materials and commercial departments by means of agency orexclusive sales, or may be sold by the cooperative venture companydirectly.article 19 in order to provide maintenance service to the products sold both inchina or abroad, the cooperative ventu
7、re company may set up sales branchesfor maintenance service both in china or abroad subject to the approval of the relevant chinese department.chapter 9 the board of directors.article 20 the date of registration of the cooperative venture company shall bethe date of the establishment of the board of
8、 directors of the cooperativeventure company.article 21 the board of directors is composed of _directors, of which_shall be appointed by party a, _by party b. thechairman of the board shall be appointed by party a, and its vice-chairmanby party b. the term of office for the directors, chairman andvi
9、ce-chairmans four years, their term of office may be renewed ifcontinuously appointed by the relevant party.article 22 the highest authority of the cooperative venture company shall be itsboard of directors. it shall decide all major issues concerning thecooperative venture company. unanimous approval shall be required for anydecisions concerning major issues. as for other matters, approval bymajority or a simple majority shall be required. (note: it shall be explicitly set out in the contract). 3 / 3
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