Common use of Governing Principle Clause in Contracts

Governing Principle. Matters relating to the recruitment, employment, management, dismissal, resignation, wages, welfare benefits, subsidies, labor insurance, social security and other matters concerning the staff of the Joint Venture shall be determined by the Board in accordance with the labor and social security laws and regulations of the PRC. The General Manager shall implement plans approved by the Board.

Appears in 3 contracts

Samples: Equity Joint Venture Contract (Cooper Tire & Rubber Co), Equity Joint Venture Contract (Cooper Tire & Rubber Co), Equity Joint Venture Contract (Cooper Tire & Rubber Co)

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Governing Principle. Matters relating to the recruitment, employment, management, dismissal, resignation, wages, welfare benefits, subsidies, labor insurance, social security subsidies and other matters concerning the staff of the Joint Venture shall be determined by the Board in accordance with the labor and social security laws and regulations of the PRC. The General Manager shall implement plans approved by the Board.

Appears in 1 contract

Samples: Equity Joint Venture Contract (Cooper Tire & Rubber Co)

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