Common use of Scope and Authority Clause in Contracts

Scope and Authority. 2.1 Pursuant to Clauses 4.3.3(g) and (h) of the Settlement Agreement and the Claim Form, an Eligible Shareholder filing a Claim Form consents to the exclusive applicability of Dutch law and to the exclusive jurisdiction of the Claims Administrator and the Dispute Committee in respect of the matters set out in Clauses 4.3.4 through 4.3.8 of the Settlement Agreement, including disputes between a Disputing Claimant (as defined below) and the Claims Administrator concerning the eligibility, including where relevant as an Active Claimant, validity and/or amount of the claim for compensation made in the Claim Form. 2.2 These regulations shall apply to any dispute submitted to the Dispute Committee in accordance with Clause 4.3.5 of the Settlement Agreement, Paragraph 1 under (b) of Schedule 1 (Definitions and Interpretation) and Paragraph 1.6 of Schedule 2 (Settlement Distribution Plan). The dispute resolution mechanism set out in these regulations shall apply mutatis mutandis to the determination of the Final Claim Amount. 2.3 The Dispute Committee shall resolve the disputes submitted to it by way of binding advice (bindend advies) under article 7:900 et seq. of the Dutch Civil Code ("Binding Advice").

Scope and Authority. 2.1 Pursuant to Clauses 4.3.3(g) and (h) of the Settlement Agreement and the Claim Form, an Eligible Shareholder filing a Claim Form consents to the exclusive applicability of Dutch law and to the exclusive jurisdiction of the Claims Administrator and the Dispute Committee in respect of the matters set out in Clauses 4.3.4 through 4.3.8 of the Settlement Agreement, including disputes between a Disputing Claimant (as defined below) and the Claims Administrator concerning the eligibility, including where relevant as an Active Claimant, validity and/or amount of the claim for compensation made ma de in the Claim Form. 2.2 These regulations shall apply to any dispute submitted to the Dispute Committee in accordance with Clause 4.3.5 of the Settlement Agreement, Paragraph 1 under (b) of Schedule 1 (Definitions and Interpretation) and Paragraph 1.6 of Schedule 2 (Settlement Settlemen t Distribution Plan). The dispute resolution mechanism set out in these regulations shall apply mutatis mutandis to the determination of the Final Claim Amount. 2.3 The Dispute Committee shall resolve the disputes submitted to it by way of binding advice (bindend advies) under article 7:900 et seq. of the Dutch Civil Code ("Binding Advice").