Joint Business Development Agreement

Under the Business Development Agreement, PlusPetro Portfolio Capital paid $17,500 per month as compensation for business development services that included investment capital acquisition, investor relationships, securities transactions, banking, business contacts, accounting, management and recruitment. All measures that bind the joint venture to a legal obligation, debt or agreement of third parties are managed in good faith and to the best of their ability by the developers. Developers are not able to act specifically for the customer or bind the customer individually to any legal obligation, debt, or third-party agreement. Business development efforts have been intensified, including the Joint Business Development Agreement signed with IFC and MIGA`s recently established Asia Hub in Hong Kong, China. Add here the percentage of allocation that each party receives for each position of the Joint Undertaking. . Developers agree not to use Customer`s Copyrighted Material for any purpose other than as expressly set forth in this Agreement. Learn more about FindLaw`s newsletters, including our terms of service and privacy policy. I have been using this product for over three years. I have it because of the prefabricated forms and contracts (there are tons of them).

I use my logo and information and the software does the rest! Incredibly easy to use! The new version is great and even easier to use. » Business Purpose: Add the general summary of this joint venture. Size of the undertaking: Include the general scope of the activities covered by the Joint Undertaking Agreement. The Developers wish to enter into this Joint Venture Agreement with the Customer in accordance with the terms set out in Appendix B (the « Specifications »). `joint venture` means all parties listed in the specifications participating in the joint venture agreement, as well as their respective beneficiaries and representatives. All profits, losses or other income of the joint venture are distributed as follows: the investors` funds were freely used by the respondents to cover all personal expenses, as set out in paragraphs [102] and the following subparagraphs. [114] Rogerson stated that the respondents did not inform all investors of the business development agreement and the service agreement.