Cooperation Agreement definition
Examples of Cooperation Agreement in a sentence
The amount of such losses shall be calculated based on such factors as the reasonable business plan and profit forecast of the Pledgee, the consulting and service fees payable to the Pledgee under the Exclusive Business Cooperation Agreement, damages and relevant fees under the Transaction Documents, all expenses occurred by the Pledgee in connection with enforcement of the Pledgor’s and/or Party C’s Contract Obligations and etc.
The Board is convinced that the collaboration contemplated under the Cooperation Agreement will bring in satisfactory return to the Group in the long run and will enable the Group to further strengthen its business revenue and profit base.
Dataa shall, within five (5) months from the date of the Cooperation Agreement, complete the formation of the core operations team which shall cover product planning, research and development of technology, production management, marketing, and after-sale service.
As such, the Board is of the view that the terms of the Cooperation Agreement are fair and reasonable, and the transactions contemplated thereunder are on normal commercial terms and in the interests of the Company and the Shareholders as a whole.
The Cooperation Agreement substantiates the operative terms of the Framework Agreement.