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1. DEFINITIONS
2. FORMATION, NAME, AND PRINCIPLE PLACE OF BUSINESS
2.1. Formation
2.2. Name
2.3. Principal Place Of Business
3. PURPOSE OF THE JOINT VENTURE
4. TERM
5. PERCENTAGE OF PARTICIPATION
5.1. Description
5.2. Losses
5.3. Liabilities
5.4. Indemnities
5.5. Duration
5.6. Initial Contribution Of The Venture
5.7. Venture Interests
5.8. Return Of Capital Contributions
5.9. Allocations Of Net Profits And Losses
6. POLICY COMMITTEE
6.1. Management
6.2. Votes
6.3. Substitution
6.4. Majority Vote
6.5. Powers Of The Policy Committee
6.6. Insurance Coverage
6.7. Duties
6.8. Salaries And Expenses
7. DELEGATION OF AUTHORITY
7.1. Split Of Authority
7.2. Appointment Of A General Manager
7.3. Delegation Of Authority
8. JOINT VENTURE BANK ACCOUNTS
8.1. Deposits
8.2. Withdrawals
9. ACCOUNTING AND AUDITING
9.1. Books
9.2. Audits
9.3. Method Of Accounting
9.4. Compensation
10. RESOLUTION OF DISPUTES
11. OTHER PROVISIONS
11.1. Entire Agreement
11.2. Governing Law |
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