JOINT VENTURE AGREEMENT

This Joint Venture Agreement XXXX is made and entered into as of XXXX, 2024, by and between
SELLER, a company organized and existing under the laws of the State of Texas, with its principal place
of business at XXXX, SAN ANTONIO, TX. Hereinafter referred to as "Company A,"
and XXXX a company organized and existing under the laws of the State of Texas, with its principal place
of business at XXXX, DUBAI. hereinafter referred to as "Company B."

WHEREAS, Company A and Company B desire to enter into a joint venture for the purpose of buying and
selling refined fuel and crude oil, fuels as mutually agreed upon by both parties;

NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the parties
agree as follows:

1. VENTURE PURPOSE
1.1 The purpose of this joint venture shall be to engage in the buying and selling of refined fuel EN 590.
The specific activities, responsibilities, and obligations of each party shall be outlined in a separate
agreement or business plan, to be mutually agreed upon in writing by both parties.

2. CONFIDENTIAL INFORMATION
2.1 Both parties acknowledge that during the course of the joint venture, they may be exposed to each
other's confidential and proprietary information. Each party agrees to treat all such information as
confidential and to use it solely for the purpose of the joint venture. Confidential information shall include,
but not be limited to, trade secrets, customer lists, pricing information, and any other information
designated as confidential by either party.
2.2 The parties agree to maintain the confidentiality of the information and not to disclose it to any third
party without the prior written consent of the disclosing party, except as required by law.

3. NONDISCLOSURE AND NONCOMPETE CLAUSE

3.1 During the term of this Agreement and for a period of one (1) year thereafter, both parties agree not to
disclose any confidential information obtained from the other party to any third party, except as required
by law.
3.2 Both parties further agree not to engage in any activities that directly compete with the joint venture
during the term of this Agreement and for a period of one (1) year thereafter. This includes, but is not
limited to, buying or selling refined fuel and crude oil within the designated geographic area agreed upon
by the parties.
4. TERM AND TERMINATION
4.1 This Agreement shall commence on the effective date and shall continue until terminated by either
party upon [number of days/weeks/months] written notice to the other party.
4.2 In the event of termination, the parties shall promptly wind up the affairs of the joint venture in an
orderly manner and distribute any remaining assets or liabilities in accordance with the agreed-upon
terms.

5. GOVERNING LAW AND JURISDICTION

5.1 This Agreement shall be governed by and construed in accordance with the laws of the State of Texas
without regard to its conflict of laws provisions.
5.2 Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive
jurisdiction of the state and federal courts located in the State of Texas.