Applicable Laws and Dispute Settlement. 7.1 This agreement conclusion and fulfilling is applicable to Chinese laws and follow Chinese laws. 7.2 Any dispute produced from this agreement or related to this agreement between Party A and Party B should be settled with friendly negotiation. If it can’t be settled in 60 days from the date of dispute, any party has the right to propose to Daqing City People’s Court.
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Samples: Merger Agreement (QKL Stores Inc.), Merger Agreement (QKL Stores Inc.), Merger Agreement (QKL Stores Inc.)