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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.
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.
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.
PARTY B
Name:
Company:
Passport Number:
Expiry Date:
Email:
Name:
Company:
Passport Number:
Expiry Date:
Email:
PASSPORT OF PARTY A
PASSPORT OF PARTY B