6. FICTITIOUS BUSINESS NAME STATEMENT
The joint venture shall comply with applicable laws regarding the filing of notices with respect to the use, continuation of use and discontinuation of use of its fictitious business name.
7. INTERESTS OF THE JOINT VENTURERS
The interest of the Joint Venturers in and to the APCON-TESCO JV, and in and to any and all property and equipment acquired in connection with the performance thereof and in and to any and all moneys which may be derived from the performance thereof and the obligations and liabilities of each of the Joint Venturers hereto as among themselves in connection with the APCON-TESCO JV and with respect to any and all liabilities and losses in connection therewith shall be equal. Each Joint Venturer does hereby indemnify the other against any loss or liability exceeding the proportions hereinabove stated by reason of any liability incurred or loss sustained in and about the APCON-TESCO JV, or by reason of the execution of any surety company bonds or indemnity agreements executed in connection therewith.
8. CONTRIBUTIONS AND DIVISION OF PROFITS
The interest of the parties in and to any profits and assets derived from the performance of the APCON-TESCO JV, and in and to any property acquired by the joint venture in connection with the work to be performed under this instrument, and in and to all contributions required, all moneys received, and losses incurred in the performance of the APCON-TESCO JV shall be those percentages set opposite their respective names as follows:
Name Amount(THB) Percentage
APCON 9,000,000 90%
TESCO BKK 1,000,000 10%