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Negotiated Term Sheet for Multinational Industrial Client Proposal for Joint Venture

Prepared a term sheet for multinational industrial client that was approached by a U.S. company with a proposal for a joint venture, The U.S. company’s comments to the proposed terms suggested that the proposed joint venture partner was more interested in creating a structure in which the client would be forced to share or relinquish ownership of proprietary technology; therefore advised client against entering into this joint venture. Client abandoned this joint venture project during negotiations as information surfaced supporting this conclusion.

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