Key description
- This is a best practice term sheet to be used in conjunction with an international joint venture agreement. It was developed by an international magic circle law firm for its clients to be used in their overseas operations.
Language
Categories
Industries
Covered clausesClauses
-
1. Parties
-
2. Business of the Company
-
3.Name of the Company
-
4.Contributions to Capital of the Company
-
1. Business of the Company 3.Name of the Company 4.Contributions to Capital of the Company 5.Contributions to Business of the Company
Governance
-
6.Board of Managers
-
7.Management of the Company
-
8.Shareholder Reserved Matters
-
9.Deadlock
Funding
-
10.Share Capital / Shareholding
-
10. Use of initial share capital and subsequent fund injections
-
11.Licensing of Intellectual Property
-
12.Retained earnings / distribution policy
Transfers
-
13. Share Transfers
-
14. Events of Default
Other provisions
-
14. Restrictive Covenants and Exclusivity
-
14. Information Rights
-
14. Governing Law and Dispute Resolution of Definitive Agreement
Binding Provisions
-
14. Costs
-
19. Confidentiality
-
14. Governing Law and Dispute Resolution
