LAW AND DISPUTE RESOLUTION. The validity, performance, construction and effect of this Agreement shall be governed by the laws of India, and the parties hereto hereby submit to the exclusive jurisdiction of the Courts at New Delhi, without regard to conflict of law principles. In case of all disputes or differences whatsoever arises between the Parties hereto, arising out of or in relation to this Agreement (“Dispute”), the Parties shall use all reasonable endeavors to negotiate with a view to resolving the Dispute amicably. If a Party gives the other party notice that a Dispute has arisen (a Dispute Notice) and the Parties are unable to resolve the Dispute amicably within 10 (Ten) days of service of the Dispute Notice (or such longer period as the Parties may mutually agree), then the Dispute shall be referred to arbitration in accordance the provisions of the Arbitration & Conciliation Act, 1996. The arbitration proceedings shall be conducted by a Sole Arbitrator to be appointed by the Disclosing Party. The venue of the arbitration shall be at New Delhi and the language of the arbitral proceedings shall be English.
Appears in 4 contracts
Samples: Non Disclosure Agreement, Non Disclosure Agreement, Non Disclosure Agreement
