@@ Article 10. The entrustment of an agent must be conducted in
written form and go through notarisation.
A certificate of authorisation or an agency letter should include name,
sex, age and nationality of the agent, authorised matters, limits of
authority, effective period and the date of authorisation, signature
and seal of the bailor or a competent institution.
@@ Article 11. With regard to a contract which needs to be
implemented continuously within a rather long period, the persons
concerned of the two sides shall agree on a duration of the
contract and the conditions for extending or terminating the contract
before expiration.
@@ Article 12. The persons concerned of the two sides to the
contract should provide a guarantee in the following forms:
1 Down payment or performance bond;
2 Guarantee of property mortgage;
3 Bank guarantee;
4 Guarantee of a company or enterprise; and
5 Other guarantees.
@@ Article 13. When the guaranteed person fails to
implement his contractual obligations, the guarantor shall bear the
joint responsibility for violation of contract or implement the
obligations for the guaranteed person.
@@ Article 14. After the persons concerned of one side who have
paid to the other side a down payment or performance bond have
implemented the contract, the down payment or performance bond
should be returned or transferred as a payable fund.
If one side having paid a down payment or performance bond
fails to implement the contract, it has no right to ask for the
return of the down payment or performance bond. If the other side
having accepted the down payment or performance bond fails to
implement the contract, it should pay back double the amount of the
down payment or performance bond.
@@ Article 15. A joint venture contract constitutes a written
agreement on the establishment of an enterprise or undertaking with
the joint investment of the special zone side and investors. The
parties to the joint venture shall share the profits or losses in
proportion to their respective contributions and bear the limited
responsibility. This kind of contract should include the following main
items:
1 Names of the parties to the joint venture, their countries (or
regions) of registration, official addresses, names of legal
representatives and their functions and nationalities:
2 Name of the joint venture, its address and purpose, area of land
used by it, scope and size of its business;
3 Total investment value and registered capital of the joint
venture, amount and proportion of investment contributed by the
parties to the joint venture respectively, mode of investment, time
limit for payment of funds, and stipulation for handling[1] [2] [3] [4] 下一页
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