JOINT VENTURE AREEMENT
Wastewater Management in the Industrial Sector.
Contract No . Associated -01-23.2.14.
This Agreement is made at Associated Asia Pacific Co Ltd. 54, B B Building…………………Bangkok.
Between
Associated Asia Pacific Co; Ltd……………Mr Harshad Patrawala Director , authorise to sign on behalf of the company herein called “Party 1” of this contract.
With
The DNX company located at ………………………….Mr ………………authorise to sign on behalf of the company herein called “Party 2 “ of this contract.
PROFILE OF PARTY 1 AND PARTY 2.
(A-1 ) Party 1 is a company expert in handling the projects in wastewater treatment/management in Industrial areas in Provinces of Thailand say for the customer party X.
(A-2) Water means wastewater ,coolant,acid,alkalis and other liquids, that can be manageable by technology with customer party X by party 1.
Party 2 is a company investing in the project and providing co operation to party 1 for handling the project for the customer party X. Party 2 also give support for joint venture agreement with customer party X for mutual benefit of party 1 and party 2 mention in this contract here with.
PURPOSE OF THIS CONTRACT
(B-1) Party 1 and Party 2 join hands with common purpose of doing the work of water management with various industrial houses in Bangkok and around Thailand.
(B-2) “party 1 “ acts as a operator in the market to obtain contracts /lease/purchase of water management for the purpose of this contract.
(B-3) “party 2 acts as an Investor in the technology used in the management of water to meet the needs of the customer for the purpose of this contract.
Both parties above agrees in writing as below for operation of this business in Joint Venture.
(B-4) It is mutually agreed between the parties that , party 2 should enter with the joint venture agreement with customer party for handling water treatment and receive payout periodically from customer party as per the joint venture entered with the customer party with Party 2.
(B-5) It is mutually agreed by the parties that Party 2 should recover its investments within 24 months from the date of delivery of its equipments and machinery with the customer party.
(B-6) It is mutually agreed by the parties that Party 1 should also receive an amount of expenses every month from party 2 as mutually agreed for each customer case by case on separate schedule/agreement entered by both parties.
(B-7) It is mutually agreed by the parties that each one is entitiled to get 50/50 share of profit after reducing an amount in clause B-5 and B-6 above.
(B-8) it is mutually agreed by the parties that after 24 months the property and machinery installed at customer party , party 2 have an obsolete right over it. Profit sharing from the customer joint venture will remain same as long the joint venture with the customer party has with party 2 for any number of years . It should follow the terms of each joint venture entered by party 2 with the customer party .
C. CONFIDENTIALITY
Each Party agrees to keep in strictest confidence, all information relating to or acquired from other Party in connection with performance of this Agreement, or any Agreement referred to herein or through participation in the management, administration of supervision and it will not publish, communicate, divulge, disclose or use any information and knowledge without the prior written consent of the concerned Party, unless so required by the applicable Laws.
D. ASSIGNMENT
This Agreement and any rights thereunder, shall not be assignable by either of the Parties without the written consent of the other Party. This Agreement binds not only the Parties hereto, but also their respective heirs, successors, assigns and beneficiaries.
E. SETTLEMENT OF DISPUTES / APPLICABLE LAW
All disputes, controversy or claims arising out of or relating to this Agreement shall be amicable settled between the Parties. If no amicable solution is possible, parties shall resort to the applicable Laws of Kingdom of Thailand.
Party A Party B
================= ==================
Mr Harshad Patrawala
Legal Representative Legal Representative
Witness for Party A Witness for Party B
================= ==================
Mr Kamalkant Mahasawansakul
Thai ID No. 5-1015-00058-49-1
JOINT VENTURE AREEMENT
Wastewater Management in the Industrial Sector.
Contract No . Associated -01-23.2.14.
This Agreement is made at Associated Asia Pacific Co Ltd. 54, B B Building…………………Bangkok.
Between
Associated Asia Pacific Co; Ltd……………Mr Harshad Patrawala Director , authorise to sign on behalf of the company herein called “Party 1” of this contract.
With
The DNX company located at ………………………….Mr ………………authorise to sign on behalf of the company herein called “Party 2 “ of this contract.
PROFILE OF PARTY 1 AND PARTY 2.
(A-1 ) Party 1 is a company expert in handling the projects in wastewater treatment/management in Industrial areas in Provinces of Thailand say for the customer party X.
(A-2) Water means wastewater ,coolant,acid,alkalis and other liquids, that can be manageable by technology with customer party X by party 1.
Party 2 is a company investing in the project and providing co operation to party 1 for handling the project for the customer party X. Party 2 also give support for joint venture agreement with customer party X for mutual benefit of party 1 and party 2 mention in this contract here with.
PURPOSE OF THIS CONTRACT
(B-1) Party 1 and Party 2 join hands with common purpose of doing the work of water management with various industrial houses in Bangkok and around Thailand.
(B-2) “party 1 “ acts as a operator in the market to obtain contracts /lease/purchase of water management for the purpose of this contract.
(B-3) “party 2 acts as an Investor in the technology used in the management of water to meet the needs of the customer for the purpose of this contract.
Both parties above agrees in writing as below for operation of this business in Joint Venture.
(B-4) It is mutually agreed between the parties that , party 2 should enter with the joint venture agreement with customer party for handling water treatment and receive payout periodically from customer party as per the joint venture entered with the customer party with Party 2.
(B-5) It is mutually agreed by the parties that Party 2 should recover its investments within 24 months from the date of delivery of its equipments and machinery with the customer party.
(B-6) It is mutually agreed by the parties that Party 1 should also receive an amount of expenses every month from party 2 as mutually agreed for each customer case by case on separate schedule/agreement entered by both parties.
(B-7) It is mutually agreed by the parties that each one is entitiled to get 50/50 share of profit after reducing an amount in clause B-5 and B-6 above.
(B-8) it is mutually agreed by the parties that after 24 months the property and machinery installed at customer party , party 2 have an obsolete right over it. Profit sharing from the customer joint venture will remain same as long the joint venture with the customer party has with party 2 for any number of years . It should follow the terms of each joint venture entered by party 2 with the customer party .
C. CONFIDENTIALITY
Each Party agrees to keep in strictest confidence, all information relating to or acquired from other Party in connection with performance of this Agreement, or any Agreement referred to herein or through participation in the management, administration of supervision and it will not publish, communicate, divulge, disclose or use any information and knowledge without the prior written consent of the concerned Party, unless so required by the applicable Laws.
D. ASSIGNMENT
This Agreement and any rights thereunder, shall not be assignable by either of the Parties without the written consent of the other Party. This Agreement binds not only the Parties hereto, but also their respective heirs, successors, assigns and beneficiaries.
E. SETTLEMENT OF DISPUTES / APPLICABLE LAW
All disputes, controversy or claims arising out of or relating to this Agreement shall be amicable settled between the Parties. If no amicable solution is possible, parties shall resort to the applicable Laws of Kingdom of Thailand.
Party A Party B
================= ==================
Mr Harshad Patrawala
Legal Representative Legal Representative
Witness for Party A Witness for Party B
================= ==================
Mr Kamalkant Mahasawansakul
Thai ID No. 5-1015-00058-49-1
การแปล กรุณารอสักครู่..
