merge: charters.turnsys.com (199 pages)

git-subtree-dir: content/charters.turnsys.com
git-subtree-mainline: 6e0ede6acc
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content/charters.turnsys.com/pages/179.JointVenture.DealTimelines/default.md

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+---
+title: 'Deal Timelines '
+menu: 'Deal Timelines '
+---
+
+
+# Deal Timelines 
+
+- {{PARTY1}} expects {{PARTY2}}  to promptly begin conducting business operations such as:
+	- sales
+	- marketing
+	- business development
+	- product management
+	- software development
+	- fundraising .
+	
+- {{PARTY1}} expects {{PARTY2}} to put in
+	- meaningful
+	- diligent,
+	- ongoing
+	- focused
+ efforts to generate revenue , free cash flow and profit.
+ 
+- A 180 calendar day period is hereby allotted for development and delivery efforts by {{PARTY2}} to occur from the date of execution of this contract.
+
+- If at the end of 180 calendar days the {{INSCOPEENTITY}} hasn't materially progressed, delivered free cash flow/revenue/profit results, otherwise delivered on discussed metrics or not well on the way to results delivery, the deal is hereby terminated and {{PARTY1}} will seize c
+- {{PARTY2}} is not required to provide any particular form / frequency of status updates during the period.
+- {{PARTY2}} may elect to provide status updates as they see fit.
+- {{PARTY2}} is welcome to utilize Known Element Enterprises Redmine instance if they wish to do so, The relevant project/roadmap for each organization is linked to in that organizations section.
+ {{PARTY2}} is also welcome to use none at all. It's entirely up to {{PARTY2}} management discretion.
+- {{PARTY1}} will not provide any financial resources (beyond paying for domain registration and operating the current infrastructure). Any and all expenses are to be paid for by {{PARTY2}} as they will be receiving majority revenue , free cash flow or profit shar negotiated.