Common use of Methods of Disputes Resolution Clause in Contracts

Methods of Disputes Resolution. In the event of any dispute with respect to the construction and performance of this Agreement, the Parties shall first resolve the dispute through friendly negotiations. In the event the Parties fail to reach an agreement on the dispute within 30 days after either Party’s request to the other Parties for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission for arbitration, in accordance with its then effective arbitration rules. The arbitration shall be conducted in Beijing. The arbitration award shall be final and binding on all Parties.

Methods of Disputes Resolution. In the event of any dispute arising with respect to the construction and performance of this Agreement, the Parties shall first attempt to resolve the dispute through friendly negotiations. In the event that the Parties fail to reach an agreement on the dispute within 30 days after either Party’s written request to the other Parties for dispute resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China Beijing International Economic and Trade Arbitration Commission Center for arbitration, in accordance with its then effective arbitration rules. The arbitration shall be conducted in Beijing. The , and the arbitration award shall be final and binding on to all Parties.