These Heads of Terms establish the initial agreement between two parties to form a joint venture.
The Heads of Terms outline the structure, ownership, and management of the venture, as well as key provisions regarding business planning, confidentiality, and dispute resolution. However, it's important to note that these terms are not legally binding until a formal agreement is finalized and signed.
This Agreement contains the following sections:
Jurisdiction
This document is intended for use in the United Arab Emirates.
Before Execution
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