Common use of Settlement of Disputes and Governing Laws Clause in Contracts

Settlement of Disputes and Governing Laws. 8.1 The Parties shall settle with good faith all disputes regarding to interpretation and enforcement of any provisions of this Agreement by consultation. The disputes that are failed to be resolved by consultation shall be referred to China International Economic and Trade Arbitration Committee for arbitration according to its existing arbitration rules. The place of arbitration shall be in Beijing; and the language used in arbitration shall be Chinese. The decision of arbitration shall be final and binding upon both parties hereto.

Appears in 4 contracts

Samples: Agreement on Mobile Value Added Technical (Sina Corp), Agreement on Technical Service (Sina Corp), Agreement (Sina Corp)

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