Methods of Resolution of Disputes. 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 reach an agreement on the dispute within 30 days upon a written notice requesting a negotiated settlement sent by one Party to the other Party, either Party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission in Beijing for arbitration, in accordance with the arbitration rules of such arbitration commission effective at that time. The place of the hearing of the arbitration shall be Beijing. The arbitration award shall be final and binding on both Parties.
Appears in 8 contracts
Samples: Exclusive Option Agreement (Waterdrop Inc.), Exclusive Option Agreement (Waterdrop Inc.), Exclusive Option Agreement (Waterdrop Inc.)
Methods of Resolution of Disputes. In the event of any dispute with respect to the interpretation 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 upon a written notice requesting a negotiated settlement sent by one Party after either Party’s request to the other PartyParties for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China Nansha International Economic and Trade Arbitration Commission in Beijing Centre for arbitration, in accordance with the its then effective arbitration rules of such arbitration commission effective at that timerules. The place of the hearing of the arbitration shall be Beijingconducted in Guangzhou, and the language used in arbitration shall be Chinese. The arbitration award shall be final and binding on both all Parties.
Appears in 7 contracts
Samples: Exclusive Option Agreement (Cornerstone Management, Inc.), Exclusive Option Agreement (Cornerstone Management, Inc.), Exclusive Option Agreement (Cornerstone Management, Inc.)
Methods of Resolution of Disputes. In the event of any dispute with respect to the interpretation 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 upon a written notice requesting a negotiated settlement sent by one Party after either Party’s request to the other PartyParties for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the South China International Economic and Trade Arbitration Commission in Beijing for arbitration, in accordance with the arbitration rules of such arbitration commission effective at that timeits Arbitration Rules. The place of the hearing of the arbitration shall be Beijingconducted in Shenzhen, and the language used in arbitration shall be Chinese. The arbitration award shall be final and binding on both all Parties.
Appears in 2 contracts
Samples: Exclusive Option Agreement (500.com LTD), Exclusive Option Agreement (500.com LTD)
Methods of Resolution of Disputes. In the event of any dispute with respect to the interpretation 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 upon a written notice requesting a negotiated settlement sent by one Party after either Party's request to the other PartyParties for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission in Beijing for arbitration, in accordance with the arbitration rules of such arbitration commission effective at that timeits Arbitration Rules. The place of the hearing of the arbitration shall be Beijingconducted in Tianjin, and the language used in arbitration shall be Chinese. The arbitration award shall be final and binding on both all Parties.
Appears in 2 contracts
Samples: Exclusive Option Agreement (MDJM LTD), Exclusive Option Agreement (MDJM LTD)
Methods of Resolution of Disputes. In the event of any dispute with respect to the interpretation 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 upon a written notice requesting a negotiated settlement sent by one Party after either Party’s request to the other PartyParties for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission in Beijing Commission for arbitration, in accordance with the arbitration rules of such arbitration commission effective at that timeits Arbitration Rules. The place of the hearing of the arbitration shall be conducted in Beijing, and the language used in arbitration shall be Chinese. The arbitration award shall be final and binding on both all Parties.
Appears in 1 contract
Samples: Equity Option Agreement (Puhui Wealth Investment Management Co., Ltd.)
Methods of Resolution of Disputes. In the event of any dispute with respect to the interpretation 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 upon a written notice requesting a negotiated settlement sent by one Party after either Party’s request to the other PartyParties for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission in Beijing for arbitration, in accordance with the arbitration rules of such arbitration commission effective at that timeits Arbitration Rules. The place of the hearing of the arbitration shall be Beijingconducted in Shanghai, and the language used in arbitration shall be Chinese. The arbitration award shall be final and binding on both all Parties.
Appears in 1 contract
Methods of Resolution of Disputes. In the event of any dispute with respect to the interpretation 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 upon a written notice requesting a negotiated settlement sent by one Party after either Party's request to the other PartyParties for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission in Beijing for arbitration, in accordance with the arbitration rules of such arbitration commission effective at that timeits Arbitration Rules. The place of the hearing of the arbitration shall be conducted in Beijing, and the language used in arbitration shall be Chinese. The arbitration award shall be shallbe final and binding on both all Parties.
Appears in 1 contract
Samples: Exclusive Option Agreement (Greenpower International Group LTD)
Methods of Resolution of Disputes. In the event of any dispute with respect to the interpretation 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 upon a written notice requesting a negotiated settlement sent by one Party after either Party's request to the other PartyParties for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission in Beijing for arbitration, in accordance with the arbitration rules of such arbitration commission effective at that timeits Arbitration Rules. The place of the hearing of the arbitration shall be Beijingconducted in Shanghai, and the language used in arbitration shall be Chinese. The arbitration award shall be final and binding on both all Parties.
Appears in 1 contract