Cross-border joint venture shareholders’ agreement-deadlock (50:50)
Cross-border joint venture shareholders’ agreement-deadlock (50:50)

The following Corporate precedent provides comprehensive and up to date legal information covering:

  • Cross-border joint venture shareholders’ agreement-deadlock (50:50)
  • BACKGROUND
  • 1 Definitions and interpretation
  • 2 Conditional Completion
  • 3 Completion
  • 4 Warranties, Representations and Undertakings
  • 5 Business of the Company
  • 6 Directors
  • 7 Management of the Company
  • 8 Management of Group Companies
  • More...

This Agreement is made on [insert day and month] 20[insert year]

Parties

  1. 1

    [Insert name of first shareholder] incorporated in [insert the country of incorporation of the first shareholder] under number [insert company number] whose registered office is at [insert address] ([A]), and

  1. 2

    [Insert name of second shareholder] incorporated in [insert the country of incorporation of the second shareholder] under number [insert company number] whose registered office is at [insert address] ([B]).

  1. 3

    [Insert name of the joint venture company], a company incorporated under the laws of [insert the country of incorporation of the joint venture company] under number [insert company number] whose registered office is at [insert registered office address of the joint venture company] (the Company),

BACKGROUND

    1. (A)

      At the date of this Agreement, the Company has in issue ordinary shares of [insert currency and nominal value of shares] each, of which one ordinary share has been issued fully paid and is registered in the name of[ A] and one ordinary share has been issued fully paid and is registered in the name of [B].

    1. (B)

      The Company shall carry on business in accordance with the terms and conditions of this Agreement.

    1. (C)

      [A] and [B] have agreed to enter into this Agreement for the purpose of regulating their relationship with each other and with the Company in accordance with the terms and conditions of this

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