Visiting Forces Agreement (Balikatan) Thesis Statement: The Philippines should consider terminating its Visiting Forces Agreement (VFA) with the United States before it’s too late for the government to overcome its unexpected dilemma. I. What is the RP–US Visiting Forces Agreement? a. A bilateral agreement between the between the Philippines and the United States consisting of two separate agreement documents. a. Balikatan as VFA-1 b. Balikatan as VFA-2 or the Counterpart Agreement II. There
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JOINT VENTURE AGREEMENT 1. THIS IS A JOINT VENTURE AGREEMENT (“Agreement”)‚ made today the 16th day of October 2014‚ between Savant Moore (herein called “COMPANY”) and The Howard Theatre located at 620 T St NW‚ Washington‚ DC 20001 (herein called “Night club”) 2. This agreement shall remain in effect till the morning of Sunday November 9‚ 2014 from the date hereof. ARTICLE I GENERAL PROVISIONS 1.01 Business Purpose. The business of the Joint Venture shall be as follows: Savant Moore will be responsible
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A service-level agreement (SLA) is a part of a service contract where a service is formally defined. In practice‚ the term SLA is sometimes used to refer to the contracted delivery time (of the service or performance). As an example‚ Internet service providers and telcos will commonly include service level agreements within the terms of their contracts with customers to define the level(s) of service being sold in plain language terms. In this case the SLA will typically have a technical definition
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Executive Employment Agreement Executive Employment Agreement dated March 1‚ 2013‚ is between Healthy Hearts Inc.‚ a Michigan corporation (the “Employer”) and Adel Administrator (the “Employee”). Employer wishes to employ Employee and Employee wishes to work for the Employer in accordance with the terms of this Agreement. Accordingly‚ the parties agree as follows: Article 1. Definitions 1.1 Definitions. As used in this Agreement‚ the following terms have the meanings set forth
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A contract may be defined as an agreement between two or more parties that is intended to be legally binding. Every promise or promises which form the consideration for others is an agreement. It may be Oral or in writing. Well‚ in this short note‚ I am trying to explain the essential ingredients which shall form part of any agreement 1. Title: of the parties shall be clearly mentioned. 2. Recital 3. Tenure of agreement 4. Purpose/Scope of agreement 5. Commercial/Consideration part 6
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A contract is a legally binding agreement or relationship that exists between two or more parties to do or abstain from performing certain acts. A contract can also be defined as a legally binding exchange of promises between two or more parties that the law will enforce. For a contract to be formed an offer made must backed acceptance of which there must be consideration. Both parties involved must intend to create legal relation on a lawful matter which must be entered into freely and should be
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ASSIGNMENT – BMLW5103 MAY SEMESTER 2013 BMLW 5103- BUSINESS LAW ASSIGNMENT OBJECTIVE: To evaluate the students understanding in the element which effect free consent in a contract‚ the issues of repossession under a hire purchase agreement and the formation and dissolution of a partnership. INSTRUCTIONS: Students have to discuss all the questions and justify their answer with correct provisions under respective statutes and relevant precedents. QUESTION 1: a) “In simple language
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Economics Assignment 1 Trade Liberalization Prepared by : Rawda Sayed Mohamed Hassan Supervised by: Dr/ Khaled Hanafy Table of Contents Definition of trade liberalization3 Liberalization VS Protectionism3-4 When & How started5-7 WTO5 Main functions of WTO 6 Principles of trade6-7 Gains from trade liberalization8-9 Effect of trade liberalization on developing countries10 Effect of trade liberalization on Egypt10-11 1) Definition of Trade Liberalization:
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Avoidance Agreements (DTAA) The Double Tax Avoidance Agreements (DTAA) is essentially bilateral agreements entered into between two countries‚ in our case‚ between India and another foreign state. The basic objective is to avoid‚ taxation of income in both the countries (i.e. Double taxation of same income) and to promote and foster economic trade and investment between the two countries. The advantages of DTAA are as under. ADVANTAGES AND DISADVANTAGES OF DOUBLE TAXATION AVOIDANCE AGREEMENTS Advantages
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LLC Operating Agreement LLC operation agreement includes: formation‚ name‚ purpose‚ term‚ name and address of member‚ initial contributions‚ distribution‚ gains/losses‚ management of company‚ decision making‚ withdrawal and dissolution of the company. An operating agreement defines the organization. Such as the purpose‚ power and duration of the LLC. It also as information about the members financial
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