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Joint Venture Agreement

DATE:
This Joint Venture Agreement (Hereinafter referred as JVA) is made and entered into this date
(YYYY-MM-DD) by and between the Principal Parties below as evidence of their JVA as
relates to entering into a Historical Bond Transaction Program as partners in this JVA.

1. Principal Parties
PARTY A OR
(COMPANY NAME/INDIVIDUAL NAME HERE)
Representative:
Passport No.:
E-Mail:
Address:
PARTY B
(COMPANY NAME/INDIVIDUAL NAME HERE)
Representative: Mr. JOUNGSUN AN
Passport No.: M27339074
E-Mail: jykxsm@gmail.com, ajsun4319@hanmail.net
And collectively, Party A and Party B will be referred as: The Parties.

2. UNDERLYING INTENT OF AGREEMENT


1. It is hereby agreed that Party A and Party B agrees to proceed on the transaction regarding the Sale
of Historical Bond, with assets such as
which the
owner holds.
2. Party A will be responsible to provide Party B with required documentations to proceed on the
transaction.
3. Party B will be responsible to provide Party B with buyer who is able to perform on the transaction.
4. Negotiation on transaction will be valid only after Due Diligence has passed on Party A.
5. The PARTIES agree to total transparency and mutual respect as a part of all Activity.
6. Neither Party may make commitments for compensation for any other parties, activities, equipment
and/or licensing unless mutually agreed upon writing.

7. Taxes, Intermediary Fees, Commission, Attorney fee will be obligated by each party and cannot be
transferred to the counter party.

3. DURATION OF JVA
The term of this Joint Venture shall have no specific termination and/or cancellation date, but it will
continue as long as each party carries out its responsible obligation without any problem.
It is not possible for one party to inform the other party to terminate and/or cancel this JVA, however, it
is possible under the case that the counter-party did not perform its responsible obligation due to moral
hazard.

4. PARTIES WARRANTIES AND CONVENANTS


Both parties warrant and covenant to each other that they have the legal capacity to enter into this JVA.

5. ENTIRETY OF AGREEMENT AND AMENDMENTS


1. This JVA (together with all agreements and documents executed contemporaneously with it or referred
to in it) constitutes the entire agreement between the parties in relation to its subject matter and
supersedes all prior agreements and understanding whether oral or written with respect to such subject
matter and no variation of this JVA shall be effective unless reduced to writing and signed by or on behalf
of a duly authorized representative of each of the parties.
2. In the event that any term, condition or provision of this JVA is held to be a violation of any applicable
law, statute or regulation the same shall be deemed to be deleted from this JVA and shall be of no force
and effect and this JVA shall remain in full force and effect as if such term, condition or provision had not
originally been contained in this JVA. Notwithstanding the above, in the event of such deletion the parties
shall negotiate in good faith in order to agree the terms of a mutually acceptable and satisfactory
alternative position in place of the provision so deleted.
3. The terms of the JVA between both Parties may be amended from time-to-time, as agreed between
the parties. However, any change, addition or deletion of the terms set out herein must be reduced to
writing and executed by all parties to this agreement to be binding on the parties.

6. RIGHTS CUMULATIVE
All rights granted to the respective Parties shall be cumulative and no exercise by any of the parties to this
JVA of any right under this JVA shall restrict or prejudice the exercise of any other right granted or
otherwise available to it.

7. TERMINATION
1. Both Parties have the right to terminate this JVA by giving Thirty (30) International Working Days
written notice to the other party. However, it is only applicable when the counter-party has not performed
its due respective responsibility.
However, Upon termination of this JVA, the responsibility on both parties shall be nullified.

8. TIME OF ESSENCE
Time shall be of the essence for the purposes of any provision(s) of this JVA.

9. FORCE MAJEURE AND CONDITIONAL EVENTS


In the event that either party shall be rendered unable to carry out the whole or any part of its
obligations under this JVA for any reason beyond the control of that party, including but not limiting to
decrees or restraints by governmental authorities, acts of God, force majeure, strikes, war, riot and any
other causes of such nature, then the performance of the obligation hereunder of that party or both
parties, as the case may be and as they are affected by such cause, shall be excused during the
continuance of any inability so caused, but such inability shall as far as possible be remedied with all
reasonable dispatch.

Signed and agreed to by the Both Parties on this, the

For and on Behalf of:


PARTY A

PARTY B

Name:
Company:
Passport Number:
Expiry Date:
Email:

Name:
Company:
Passport Number:
Expiry Date:
Email:

PASSPORT OF PARTY A

PASSPORT OF PARTY B