LAW, ARBITRATION AND JURISDICTION. This agreement is governed by the provisions of North Carolina law. In the event of any dispute arising out of or in connection with this Agreement or the rights in or to the electronic warehouse receipts, the parties agree to submit to the jurisdiction of any state or federal court in Wake County, North Carolina. The parties agree that all disputes arising out of this contract shall be resolved by final, binding arbitration conducted in Wake County, North Carolina, or any other county or state if agreed to by all parties, conducted by one or three arbitrator(s) selected by mutual agreement. In the event the parties cannot agree on the number or identity of arbitrator(s), the arbitrators will be selected by the Executive Vice President of the National Cotton Council. In the event of multiparty disputes, the same arbitrator(s) may decide one or more related disputes. Since the purpose of this arbitration agreement is to provide for arbitration by persons familiar with the cotton industry, it shall not be grounds for disqualification of either the Executive Vice President or of the arbitrator(s), that they had conducted in the past, or may conduct in the future, business with any parties to the dispute(s). If necessary, in the arbitrator's judgment, the arbitrator(s) may employ counsel to assist him or her, and the reasonable cost of such counsel shall be included in the arbitrator's expenses. The decision of the arbitrator(s) shall be in writing and signed by the arbitrator(s) (or a majority thereof), and shall be final, and judgment upon the arbitrator's award may be entered in any court having jurisdiction thereof. The arbitrator's fees and expenses shall be advanced equally by the parties. The arbitrator(s) may, in the decision, provide for reimbursement from one party to the other for legal fees, and for arbitration fees and expenses advanced.
LAW, ARBITRATION AND JURISDICTION. 12.1 This Agreement shall be governed by and construed in accordance with English law.
LAW, ARBITRATION AND JURISDICTION. Article 28.1 Subject to the provisions of Article 28.2:- it is hereby specifically agreed that any lawsuit / legal proceedings by the Client against BMT or any legal relation between the Client and BMT, and save as additionally provided below any lawsuit by BMT against the Client, shall be filed exclusively in the High Court of London, United Kingdom, and that the laws of England and Wales shall exclusively apply; and the Client irrevocably agrees and confirms that it shall not institute a lawsuit/ legal proceedings in any other court or forum and/or jurisdiction nor shall it join BMT in a lawsuit/ legal proceedings in any other court or forum and/or jurisdiction. The Client agrees to be responsible for the reasonable legal expenses and costs of BMT in removing and/or challenging a lawsuit filed in any other court or forum and/or jurisdiction and in any case where it shall join BMT in a lawsuit/ legal proceedings in any other court or forum and/or jurisdiction the Client shall indemnify BMT against all reasonable legal expenses, costs and damages resulting therefrom; and the Client irrevocably waives any objection which it might otherwise have had (whether based upon the personal domicile or personal jurisdiction of the Client or otherwise) to any lawsuit / legal proceedings being held exclusively in the High Court of London, United Kingdom and to the exclusive application of the laws of England and Wales.
LAW, ARBITRATION AND JURISDICTION
