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====== Agritrade SCM CRM ERP Joint Venture Agreement ======

===== JOINT VENTURE AGREEMENT =====

This Joint Venture Agreement (the “Agreement”) is entered into on **[Date]**, by and between:

**Party A**: Applied Technology Research Center, a company organized and existing under the laws of **[Country]**, with its principal office located at **[Address]** (“Development Company”),

and

**Party B**: **[Joint Venture Partner Name]**, a company organized and existing under the laws of **[Country]**, with its principal office located at **[Address]** (“Joint Venture Partner”).

Collectively referred to as the “Parties.”

WHEREAS, the Development Company has expertise in software development;

WHEREAS, the Joint Venture Partner has market knowledge and access to customers in Pakistan in the grain and rice export, milling, and trading industry;

WHEREAS, the Parties desire to form a joint venture for the development and sale of a software solution to manage the business operations for grain and rice exporters, millers, and traders;

NOW, THEREFORE, in consideration of the mutual covenants contained herein, the Parties agree as follows:

==== 1. Joint Venture Purpose ====

The purpose of this Joint Venture is to develop and sell a software solution and related services designed for the management of business operations for grain and rice exporters, millers, and traders.

==== 2. Roles and Responsibilities ====

**2.1 Development Company Responsibilities**:

The Development Company shall be responsible for the global development, enhancement, and maintenance of the software.

**2.2 Joint Venture Partner Responsibilities**:

The Joint Venture Partner shall be responsible for sales, marketing, and customer support in Pakistan.

==== 3. Revenue Sharing ====

**3.1 The Parties agree to share the revenues generated from the sale of the software and services as follows:**

  * Development Company: 100% of the profit generated globally.
  * Joint Venture Partner: 60% of the profit generated within Pakistan.

==== 4. Intellectual Property ====

All intellectual property developed during the term of this Joint Venture shall be jointly owned by the Parties.

==== 5. Duration and Termination ====

This Joint Venture shall commence on **[Effective Date]** and shall continue until terminated by mutual agreement of the Parties or by written notice from either Party with **[Number]** days' notice.

==== 6. Confidentiality ====

The Parties agree to maintain the confidentiality of all proprietary information related to the Joint Venture.

==== 7. Governing Law ====

This Agreement shall be governed by and construed in accordance with the laws of **[Country]**.

IN WITNESS WHEREOF, the Parties hereto have executed this Joint Venture Agreement as of the Effective Date first above written.

**Applied Technology Research Center**

By: __  
**[Authorized Signatory]**  
**[Name]**  
**[Title]**  
**[Date]**

**[Joint Venture Partner Name]**  
By: __  
**[Authorized Signatory]**  
**[Name]**  
**[Title]**  
**[Date]**