There is no general standard for the content of a joint venture agreement, as the parties usually have the power to determine their own content in the form of an agreement, but in order to protect the interests of each party, it is good that all relevant issues are included in a joint agreement in order to avoid things that are not desirable in the future. The content of the joint venture agreement must be complete, clear and easy to understand so that the parties do not mistreat the content of the agreement in question. 2. A joint venture is a cooperation between foreign investments with domestic capital, domestic and foreign human resources and other resources and expertise belonging to the Parties. 1. The purpose of this Joint Venture Cooperation Agreement is to provide equitable benefits to the Parties in accordance with the Agreement. (2) The profit sharing referred to in subsection (1) consists of 50% examples of commercial cooperation agreements conblock building and Developing – In principle, this cooperation agreement is an agreement to create and develop a new activity related to the manufacture of conblock and the construction of supporting facilities and infrastructure, while [...] (A) PT. _______ a limited liability company under the laws of the Republic of Indonesia represented in this law by Mr_______ office_____ NpWP 123456742 having its registered office at [full address of the company], Indonesia. In his position, Mr. ____ has the right to represent the company that signed the agreement in accordance with The Decree of the Board of Directors No. __/2013. It is then called the first part.

But the question is what is the standard content of joint venture agreements commonly used in the Indonesian economy. And is it necessary to use English if one of the parties is foreign? In principle, many in Indonesia use factual joint agreements, which are in addition to compliance with laws and regulations (Law No. 24 of 2009) also in the interest, so that each party can understand the content of the agreement. But if each party is a legal entity/citizen of Indonesia, just use the agreement template that uses Indonesian. 3. Except as otherwise provided in this Joint Venture Agreement, all rights and obligations of the parties under this Joint Venture Agreement shall terminate and terminate upon termination of this Joint Venture Agreement. Therefore, for those who need to remember that this joint venture agreement regulates most of the things that will be regulated later in the company`s charter of incorporation, try reading the full content of the agreement. Since the content is almost identical to that of the instrument of incorporation, many misunderstand this agreement as the original duplicate of the company`s instrument of incorporation. In fact, the joint venture agreement is not a constitutive act, as there are elements of the agreement that are included when it is impossible to include them in the company`s charter of incorporation, such as. B the duration of the agreement, the state of the kahar and so on. Subrogation is provided for in Article 1400 BW.

Mentioned in the article Recourse is the replacement of rights by a third party who pays creditors. Subrogation may take place either by agreement or because it is established by law. This subrogation must be clearly established, since [...] This Agreement shall enter into force for 25 (twenty-five) years from the date of signature of this Agreement by the Parties. PART ONE and PART TWO will at best prevent Confidential Information from being known to third parties unrelated to the implementation of this Joint Venture Agreement. that the parties have agreed and agreed to bind each other under a joint venture agreement. 6. The assets of this Agreement shall be coal-fired power plants, coalfields, machinery and other support equipment under this cooperation, which shall not be limited to a specified period. One. Get a profit share in the implementation of joint ventures. b. Upon receipt of a progress report on the completion of additional work, this Agreement is subject to the following conditions: (2) The Parties may terminate the Joint Venture Agreement by giving 180 (one hundred and eighty) days` written notice to the other Party. (1) The parties may enter into this Joint Venture Cooperation Agreement by written notice to the other party and/or by breach of the contractual clause resulting in the termination of the contract, in accordance with applicable law a.

Receive a profit share in the implementation of joint ventures. b. Obtain training and advice on the operation of the equipment of THE PART Examples of draft debt transfer contracts - Basically, a debt transfer agreement is an agreement in which the transfer of receivables between the debt changer and the beneficiary of the receivable with the payment of a certain amount of money and then from the recipient to the misappropriation under the conditions [...] (8) Know-how is information about something that results from the experience of venture capital firms, including the secrets and promotion of the sale of goods ranging from the manufacturing process of the goods to their sales, the mode of sale to consumers and the administration and financial management, so that at the end of the agreement, that continues to grow, provide value/competitive position to third parties and contribute to the development of new markets. In order to avoid differences in the interpretation of the terms used in this joint venture agreement, the following words have the following understanding: Implementation or application of investments, in particular foreign investments in Indonesia, which are not carried out through cooperation with domestic capital, both of which are carried out by individuals (1) Consideration and implementation of cooperation in the context of the acquisition of various permits for sales involving exploration, exploits and operations, at least at the end of the year ____ were drilled at sites in the region ___. West Lombok has several regionally managed companies that should be able to increase regional revenues from non-tax sectors One of the BUMD companies is PT Patuh v. That PART TWO has a good reputation in the field of coal mining industry business in the fields of exploration, exploitation, export and import. (2) On the contrary, if the FIRST PARTY performs the act referred to in paragraph (1), the SECOND PARTY reserves the right to assert a claim and to claim damages and liability from the FIRST PARTY. Here is an example of a joint venture agreement (61 pages) commonly used in companies in Indonesia and internationally that you can use. (b) _________Ltd., established under the law of the State of India, a coal mining company in India. Registered office at [full company address], India. In his position, he has the right to represent the company. This is called the SECOND PARTY.

5. An investment company is a company that receives financing in the form of an equity investment in a private equity firm. However, since the articles of association of the limited liability company have been drawn up in the form of models or standards that are not freely stored by the parties, not all THE FIRST PARTIES and THE SECOND PARTIES are collectively referred to as THE PARTIES and they themselves are also referred to as THE PARTIES. (1) If THE SECOND PARTY violates any applicable law, norm or obligation as provided for in this Agreement, the FIRST PARTY reserves the right to assert and assert a claim and to claim damages and liability from the SECOND PARTY. UEK-SP (Village Economic Business - Save And Borrow) is a village/village owned company engaged in the loan or distribution of b. That THE FIRST PARTY does not yet have the equipment and human resources to master the ability to exploit advanced tools in coal mining in Indonesia. 2. If PART TWO withdraws during the period of the study mission referred to in Article 5(2)(a), PART TWO shall reimburse the scholarship funds/fees if the Parties are unable to reach an amicable settlement of disputes under this Agreement within 60 working days, either Party may submit the dispute to ICSID (International Centre for Settlement of Investment Disputes) and submit the applicable provisions determinations.

d. If THE FIRST PARTY enters into cooperation and relations with third parties, in particular with financial institutions and/or other parties that wish to participate in investments in the coal mining industry, the FIRST PARTY is obliged to coordinate the investment of the SECOND PARTY and obtain written authorization. . . .