Common use of Governing Law and Dispute Settlement Clause in Contracts

Governing Law and Dispute Settlement. 12.1 This Agreement shall be governed by and construed in accordance with the laws of the PRC. 12.2 In case of any disputes among the Parties arising out of the construction and performance of any provisions of this Agreement, the Parties shall resolve such disputes through consultation in good faith. If such disputes cannot be resolved through consultation, any Party may submit such disputes to China International Economic and Trade Arbitration Commission for resolution by arbitration in accordance with the existing arbitration rules of such Commission in force. The place of arbitration shall be Beijing, and the language to be used in the arbitration proceedings shall be Chinese. Any arbitral award shall be final and binding upon the Parties. No provisions of this Section shall be affected by any termination or cancellation of this Agreement. 12.3 Except for any matters disputed by the Parties hereto, the Parties hereto shall continue to perform their respective obligations under this Agreement based on the principle of good faith.

Governing Law and Dispute Settlement. 12.1 This 9.1 The execution, validity, performance and interpretation of this Agreement shall be governed by and construed in accordance with the laws of the PRC. 12.2 9.2 The Parties shall strive to settle any dispute arising from the interpretation or performance through friendly consultation. In case of any disputes among the Parties arising out of the construction and performance of any provisions of this Agreement, the Parties shall resolve such disputes through consultation in good faith. If such disputes cannot no settlement can be resolved reached through consultation, any Party either party may submit such disputes matter to China International Economic and Trade Arbitration Commission (“CIETAC”) Beijing headquarter for resolution by arbitration. The arbitration in accordance with shall follow the existing arbitration then current rules of such Commission in force. The place of arbitration shall be BeijingCIETAC, and the language to be used in the arbitration proceedings shall be Chineseconducted in Chinese and shall take place in Beijing. Any arbitral The arbitration award shall be final and binding upon the Parties. No provisions of this Section This article shall not be affected by any the termination or cancellation elimination of this Agreement. 12.3 Except for 9.3 In case of any matters disputed by disputes arising out of the Parties heretointerpretation and performance of this Agreement or any pending arbitration of such dispute, the Parties hereto each party shall continue to perform their respective obligations under this Agreement based on Agreement, except for the principle of good faithmatters in dispute.

Governing Law and Dispute Settlement. 12.1 7.1 This Agreement shall be governed by and construed in accordance with the applicable laws of the PRCChina. 12.2 In case 7.2 Any dispute arising from the formation, performance, termination or validity of any disputes among this Agreement or in connection with this Agreement shall be settled by the Parties arising out through friendly negotiation. If no settlement can be reached through negotiation, the dispute shall be submitted to Beijing Arbitration Commission for arbitration in accordance with its effective arbitration rules and procedures when the petition for arbitration is filed. 7.3 During the period after the filing of arbitration to the issuance of the construction and performance of any provisions of this Agreementarbitral award, the Parties shall resolve such disputes through consultation in good faith. If such disputes cannot be resolved through consultation, any Party may submit such disputes to China International Economic and Trade Arbitration Commission for resolution by arbitration in accordance with the existing arbitration rules of such Commission in force. The place of arbitration shall be Beijing, and the language to be used in the arbitration proceedings shall be Chinese. Any arbitral award shall be final and binding upon the Parties. No provisions of this Section shall be affected by any termination or cancellation of this Agreement. 12.3 Except for any matters disputed by the Parties hereto, the Parties hereto shall continue to perform their respective its obligations under this Agreement based on hereunder without prejudice to the principle issuance of good faiththe final arbitral award.

Governing Law and Dispute Settlement. 12.1 This 9.1 The execution, validity, performance and interpretation of this Agreement shall be governed by and construed in accordance with the laws of the PRC. 12.2 9.2 Both parties shall strive to settle any dispute arising from the interpretation or performance through friendly consultation. In case of any disputes among the Parties arising out of the construction and performance of any provisions of this Agreement, the Parties shall resolve such disputes through consultation in good faith. If such disputes cannot no settlement can be resolved reached through consultation, any either Party may submit such disputes matter to China International Economic and Trade Arbitration Commission (“CIETAC”) Beijing Headquarter for resolution by arbitration. The arbitration in accordance with shall follow the existing arbitration then current rules of such Commission in force. The place of arbitration shall be BeijingCIETAC, and the language to be used in the arbitration proceedings shall be Chineseconducted in Chinese and shall take place in Beijing. Any arbitral The arbitration award shall be final and binding upon the both Parties. No provisions of this Section This article shall not be affected by any the termination or cancellation elimination of this Agreement. 12.3 Except for 9.3 In case of any matters disputed by disputes arising out of the Parties heretointerpretation and performance of this Agreement or any pending arbitration of such dispute, the Parties hereto each Party shall continue to perform their respective obligations under this Agreement based on Agreement, except for the principle of good faithmatters in dispute.