Arbitration. In Seller’s sole discretion, any dispute, claim or controversy arising out of or relating to these terms and conditions, shall be determined by confidential binding arbitration conducted in the English language, under generally accepted arbitration rules and procedures in a venue to be determined by Seller. In all cases of arbitration each party shall bear its own costs and expenses and an equal share of the arbitrator’s and administrator’s fees of arbitration; neither party nor an arbitrator may disclose the existence, content, or results of any arbitration without the prior written consent of both parties, unless required by law; the decision of the arbitrator shall be final and binding on the parties, provided that, the arbitrator shall not have the authority to alter any explicit provision of these terms and conditions; judgment on the award may be entered in any court having jurisdiction. This clause shall not preclude the parties from seeking provisional remedies in aid of arbitration from a court of appropriate jurisdiction.
Arbitration. 17.1 All disputes, controversies, or differences which may arise between the parties, out of or in relation to or in connection with this contract or for the breach thereof, shall be finally settled by arbitration in Seoul, Korea in accordance with the Commercial Arbitration Rules of The Korean Commercial Arbitration Board. The award rendered by the arbitrator(s) shall be final and binding upon both parties concerned. Article 18. Trade Terms and Governing Law
18.1 The Trade Terms under this agreement shall be governed and interpreted under the provisions of Incoterms 2000.
18.2 This Agreement shall be governed by and construed in all respects under and by the United Nations Convention on Contract for International Sale of Goods(CISG) (1980).
18.3 Any questions not covered by the CISG shall be governed by UNIDROIT Principles of International Commercial Contracts(2004).
18.4 In the event of conflict between the United Nations Convention on Contract for International Sale of Goods(1980) and Incoterms 2000, Incoterms 2000 shall prevail and govern.
Arbitration. All disputes, controversies or difference that may arise out of or in relation to this AGREEMENT, which cannot be amicably settled by negotiation between the parties hereto, shall be referred to arbitration pursuant to the "Korean-Japanese Arbitration Agreement" of 16th October, 1973, by which each party hereto is bound. Judgement upon the award may be entered into any court having jurisdiction or application may be made to such court for judicial accept trance of the award and an order of enforcement, as the case may be.