Common use of Cooperation Mode Clause in Contracts

Cooperation Mode. (1) On the basis of ensuring that the “nature of state-owned assets of the public school remains unchanged, the identity of the public school’s faculty and staff remains unchanged, and the government’s financial investment in the public school remains unchanged”, Party A agrees to conduct in-depth joint education with Party B regarding Haixing Vocational School. During the cooperation period, a model of deep cooperation among the government, the school, and the enterprise will be adopted. Party A shall fulfill the basic obligations that the government is required to perform for public vocational schools, while Party B shall enjoy full autonomy in running the school. (2) Due to Party B’s project experience and market reputation in this industry, and because the cooperation mode and the services provided are special, they are not subject to the regulation by the bidding law and government procurement law. Therefore, Party A confirms that the management and operation services provided by Party B do not require any bidding procedures.

Appears in 2 contracts

Sources: Cooperation Agreement (Youlife International Holdings Inc.), Cooperation Agreement (Youlife Group Inc.)