Common use of Choice of Law and Dispute Resolution Clause in Contracts

Choice of Law and Dispute Resolution. The Support and Maintenance Agreement is governed by Norwegian law. The parties shall attempt to solve every dispute through informal negotiation and discussion. Formal proceedings should not be commenced until such informal negotiations and discussions are concluded without resolution. If such negotiations and discussions do not result in an amicable settlement, the dispute shall be resolved by arbitration according to the Norwegian act on arbitration. The seat of arbitration shall be in Oslo.

Choice of Law and Dispute Resolution. The Support and Maintenance Agreement is governed by Norwegian law. The parties shall attempt to solve every dispute through informal negotiation and discussion. Formal proceedings should not be commenced until such informal negotiations and discussions are concluded without resolution. If such negotiations and discussions do not result in an amicable settlement, the dispute shall be resolved by arbitration according to the Norwegian act on arbitration. The seat of arbitration shall be in Oslo.