Common use of GOVERNING LAW AND CHOICE OF JURISDICTION Clause in Contracts

GOVERNING LAW AND CHOICE OF JURISDICTION. 10.1. The Affiliate relationships and this Affiliate Agreement are subject to and shall be construed in accordance with St. Xxxxxxx and the Grenadine Law as the sole and exclusive governing law. 10.2. The Affiliate and the Company have agreed that the District court of Kingstown, St. Xxxxxxx and the Grenadine, has exclusive jurisdictions and is an exclusive place for adjudication on cooperation with the Affiliate, this Affiliate Agreement, and all issues that may arise between the Affiliate and the Company. At the same time, the Company reserves the right to initiate trials in any court which the Affiliate resides or is a citizen, and the countries, where the Affiliate's assets are held. 10.3. This Article is also effective once cooperation with the Affiliate has ceased.

GOVERNING LAW AND CHOICE OF JURISDICTION. 10.1. The Affiliate Affiliate relationships and this Affiliate Affiliate Agreement are subject to and shall be construed in accordance with St. Xxxxxxx and the Grenadine Law as the sole and exclusive governing law. 10.2. The Affiliate Affiliate and the Company have agreed that the District court of Kingstown, St. Xxxxxxx and the Grenadine, has exclusive jurisdictions and is an exclusive place for adjudication on cooperation with the AffiliateAffiliate, this Affiliate Affiliate Agreement, and all issues that may arise between the Affiliate Affiliate and the Company. At the same time, the Company reserves the right to initiate trials in any court which the Affiliate Affiliate resides or is a citizen, and the countries, where the AffiliateAffiliate's assets are held. 10.3. This Article is also effective effective once cooperation with the Affiliate Affiliate has ceased.