Common use of Governing Laws and Settlement of Disputes Clause in Contracts

Governing Laws and Settlement of Disputes. The Agreement is governed by laws of the People’s Republic of China. Both parties may first resolve all the disputes and argues through negotiation; if negotiation fails, both parties agree to adopt the same dispute resolution manner as stated in the Principal Agreement. During the dispute resolution process, if the dispute doesn’t affect the fulfillment of other provisions of the Agreement, other provisions shall continue to be performed.