====== 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]