Common use of Governing Law and Resolution of Disputes Clause in Contracts

Governing Law and Resolution of Disputes. 7.1 The execution, effectiveness, construction, performance, amendment and termination of this Agreement and the resolution of disputes shall be governed by the laws of China. 7.2 In the event of any dispute with respect to the interpretation and performance of this Agreement, the Parties shall first resolve the dispute through friendly negotiations. In the event the Parties fail to settle the dispute through negotiations, such dispute shall be submitted to Shenzhen Court of International Arbitration (Shenzhen Arbitration Commission) for arbitration, in accordance with its arbitration rules and procedures in effect at the time. The arbitration shall be conducted in Shenzhen. The arbitration award shall be final and binding on all Parties. 7.3 Upon the occurrence of any disputes arising from the interpretation and performance of this Agreement or during the pending arbitration of any dispute, except for the matters under dispute, the Parties to this Agreement shall continue to exercise their respective rights under this Agreement and perform their respective obligations under this Agreement.

Governing Law and Resolution of Disputes. 7.1 14.1 The execution, effectiveness, constructioninterpretation, performance, amendment and termination of this Agreement and the resolution of disputes hereunder shall be governed by the laws of China. 7.2 14.2 In the event of any dispute with respect to the interpretation and performance of this Agreement, the Parties shall first resolve the dispute through friendly negotiations. In the event the Parties fail to settle reach an agreement on the dispute, either Party may submit the relevant dispute through negotiations, such dispute shall be submitted to Shenzhen Court of International the Beijing Arbitration (Shenzhen Arbitration Commission) Commission for arbitration, in accordance with its the arbitration rules and procedures in effect of such arbitration commission effective at the that time. The place of the hearing of the arbitration shall be conducted in ShenzhenBeijing. The arbitration award shall be final and binding on all both Parties. 7.3 14.3 Upon the occurrence of any disputes arising from the interpretation and performance of this Agreement or during the pending arbitration of any dispute, except for the matters under dispute, the Parties to this Agreement shall continue to exercise their respective rights under this Agreement and perform their respective obligations under this Agreement.

Governing Law and Resolution of Disputes. 7.1 14.1 The execution, effectiveness, constructioninterpretation, performance, amendment and termination of this Agreement and the resolution of disputes hereunder shall be governed by the laws of Chinathe PRC. 7.2 14.2 In the event of any dispute with respect to the interpretation and performance of this Agreement, the Parties shall first resolve the dispute through friendly negotiations. In the event the Parties fail to settle the dispute cannot be resolved through negotiations, such either Party may submit the relevant dispute shall be submitted to Shenzhen Court of the China International Economic and Trade Arbitration (Shenzhen Arbitration Commission) Commission for arbitration, arbitration in accordance with its arbitration rules and procedures in effect at the that time. The arbitration shall be conducted in ShenzhenBeijing. The arbitration award arbitral awards shall be final and binding on all Parties. 7.3 14.3 Upon the occurrence of any disputes arising from the interpretation and performance of this Agreement or during the pending arbitration of any dispute, except for the matters under dispute, the Parties to this Agreement shall continue to exercise their respective rights under this Agreement and perform their respective obligations under this Agreement.