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Two Parties Limited Liability Partnership Agreement (LLP) will be established under local law. It provides a basic Partnership framework only. This agreement is drafted to impose strict / tight obligations on the Members.
This shareholders' agreement should be carefully read by the shareholders involved.
This shareholders' agreement may be used when three parties enter into a shareholders agreement upon the establishment of a Joint Venture Company.
All three parties should sign and return a copy, and once signed, all parties should get a copy.
To avoid any future disputes, all parties may wish to have their signatures witnessed.
If any of the parties wish to amend the agreement in the future, all parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by all parties.