Governing Law and Dispute Resolution

Governing Law and Dispute Resolution

1：The formation of this Contract, its validity, interpretation, execution and settlement of disputes in connection herewith shall be governed by the laws of the People’s Republic of China (“PRC”), but in the event that there is no published and publicly available law in the PRC governing a particular matter relating to this Contract, reference shall be made to general international commercial practices.

本合同的订立、效力、解释、执行及合同争议的解决，均受中华人民共和国（“中国”）法律管辖，中国颁布的法律对本合同相关的某一事项未作规定的，参照国际商业惯例。

2：If, after the signing of this Agreement, the Chinese government either at the State, provincial, municipal or local level adopts any new law, regulation, decree or rule, amends or repeals any provision of any law, regulation, decree or rule, or adopts any different interpretation or method of implementation of any law, regulation, decree or rule, which contravenes this Agreement or which materially and adversely affects a party’s economic benefit under this Agreement, then upon written notice thereof from the affected party to the other Party, the Parties shall promptly consult and decide whether (i) to continue to implement this Agreement in accordance with the original provisions thereof as per the relevant provisions of

the Contract Law of the People’s Republic of China; or (ii) to effectuate necessary adjustments in order to preserve each Party’s economic benefit under this Agreement on a basis no less favourable than the economic benefit it would have received if such law, regulation, decree or rule had not been adopted, amended, repealed or so interpreted or implemented.

签署本协议后，如果中国的国家、省、市或地区的任何一级政府通过了任何新的法律、行政法规、法令或条例，修订或废除了任何法律、行政法规、法令或条例的任何规定，或者通过了对任何法律、行政法规、法

令或条例的不同的解释或执行方法，并且该等通过的法律、对法律的修订或废除、不同的解释或执行方法同本协议相悖或对任何一方在本协议项下的经济利益产生了严重的不利影响，经受影响方书面通知另一方，双方应迅速商定(i) 是否依照本协议原来的规定和《中华人民共和国合同法》的相关规定继续执行本合同；或(ii) 对本协议采取必要的调整，以保护各方在本协议项下的经济利益，使之不低于如果该等法律、行政法规、法令或条例未经通过、修订、废除、未经该等的解释或执行，各方可以得到的经济利益。

3：Any controversy or claim arising out of, or relating to, this Agreement shall be settled under the Rules of Conciliation and Arbitration of the International Chamber of Commerce by three (3) arbitrators appointed in accordance with said Rules. The place of Arbitration shall be Hong Kong. The language of Arbitration shall be English. In no event shall any arbitration award provide a remedy beyond those permitted under these Terms and Conditions, and any award providing a remedy beyond those permitted under this Agreement shall not be confirmed, no presumption of validity shall attach, and such award shall be vacated.

由本协议引起的或与本协议有关的任何争议或权利主张，应由根据国际商会的调解和仲裁规则委派的三（3）名仲裁员予以解决。仲裁地为香港，仲裁语言用英语。无论任何，仲裁裁决规定的救济不得超出本条款和条件允许的范围；超出本协议允许范围规定的救济不予承认，亦不得推定为有效，且该等仲裁裁定应予撤销。

4：Any dispute arising from, out of, or in connection with, this Agreement shall be settled by the Parties through friendly consultation. Such consultation shall begin immediately after one

Party has delivered to the other party a written request for such consultation. If the dispute cannot be settled through consultation within thirty (30) days after such notice is given, the Parties shall submit the dispute to China International Trade Arbitration Committee, Shanghai Branch (“Arbitration Institute”) to be arbitrated according to its rules and regulations.

由本协议引起、产生于本协议或与本协议有关的任何争议，应通过双方的友好协商解决。协商在一方向另一方交付进行协商的书面要求后立即开始。倘若在该通知发出后的三十（30）日内，争议未能通过协商解决，双方应将该争议提交中国国际经济贸易仲裁委员会上海分会（“仲裁机构”）进行仲裁。

There shall be three (3) arbitrators. Party A and Party B shall appoint one (1) arbitrator each. The two arbitrators shall be selected within thirty (30) days after giving or receiving of the request for arbitration. The chairman of the Arbitration Institute shall select the third arbitrator. If a Party fails to appoint an arbitrator within thirty (30) days after the other Party has appointed an arbitrator, the chairman of the Arbitration Institute shall make the appointment.

仲裁员为三（3）名，甲方和乙方各委派一（1）名仲裁员，两名仲裁员应在发出或收到仲裁要求后三十（30）天内选定。仲裁机构主席选出第三名仲裁员。如果一方委派仲裁员后的三十（30）日内，另一方未委派仲裁员，则该名仲裁员由仲裁机构主席委派。

The arbitration proceedings shall be conducted in Chinese language. The arbitration tribunal shall apply the arbitration rules of the Arbitration Institute in effect on the date of the signing of this Agreement. However, if such rules are in conflict with the provisions of the previous paragraph of this Article, including the provisions for appointing arbitrators, the provisions of this Article shall prevail.

仲裁程序以中文进行，仲裁庭应实行本协议签署日有效的仲裁机构的仲裁规则。但是，若该等规则与本条前款规定相抵触，包括与关于委派仲裁员的规定相抵触，则以本条规定为准。The arbitration award shall be final and binding on both parties. No party shall appeal in connection with the matters in relation to the arbitration award.

仲裁裁决为终局裁决，对双方都具有约束力。任何一方均不得就仲裁裁决所涉及的事项上诉。Each Party may request any court having jurisdiction to make a judgement for enforcing the arbitration award, or apply with such court for judicial recognition of the award or any order of enforcement thereof.

各方均可要求有管辖权的法院做出强制执行仲裁裁决的判决，向该等法院申请对仲裁裁决给予司法承认或发布强制执行令。

During the process of arbitration, the Parties shall continue to implement this Agreement without interruption, except for the matters in dispute.

在进行仲裁的过程中，除争议事项外，各方应继续不停地履行本协议。

5：This Agreement shall be governed by and construed in accordance with the laws of New York (USA), without regard to the conflict of laws provisions thereof. The United Nations Convention on Contracts for the International Sale of Goods shall not apply to this Agreement.

本协议受（美国）纽约州法律管辖，并依其解释，但该州法律关于冲突法的规定除外，本协议不适用《联合国国际货物销售合同公约》。

6：The Parties will make every effort to settle amicably any dispute or

claim arising in connection with the Contract. Should the Parties fail to resolve any such dispute within sixty (60) days after one Party givens a written notice of a dispute to the other, any and all such disputes shall be finally settled in accordance with the Rules of Arbitration of the International Chamber of Commerce by three (3) arbitrators appointed in accordance with said Rules. Any arbitration decision rendered in conformity with this Article shall be final and binding upon the Parties. Arbitration shall take place in Geneva, Switzerland. The proceedings shall be conducted in English. All arbitration fees shall be borne by the losing party or, where appropriate, in conformity with the stipulations of the award. All other fees including legal fees shall be borne by the respective parties or, where appropriate, in conformity with the stipulations of the award.

双方将努力友好解决因本合同而引起的任何争议或索赔。如果在一方向另一方发出有关争议的书面通知后六十（60）天内，双方未能解决争议，任何和所有此等争议应由根据国际商会仲裁规则任命的三（3）员依据该规则进行最终的裁决。根据本条款做出的任何仲裁决定是终局的，对双方均有约束力。仲裁应在瑞士的日内瓦举行。仲裁程序用英语。所有的仲裁费用由败诉方承担，或者在适合的情况下按仲裁裁决执行。所有其他的费用包括律师费用由双方自行承担，或者在适合的情况下按仲裁裁决的规定执行。

7：Should any dispute arising from the execution or implementation of this Contract or otherwise relating thereto, both Parties shall resolve the dispute through friendly negotiations. If the dispute cannot be resolved by negotiations within thirty (30) days after one Party has issued notice to the other Party requesting the commencement of such negotiations, then either Party may submit it to the Singapore International Arbitration Center (the “Arbitration Institute”) for arbitration in accordance with the UNCITRAL rules of arbitration then in effect and the following provisions:

(a)The arbitration shall be conducted in the English language

and three (3) arbitrators (one appointed by each Party and

third appointed by the Arbitration Institute) may refer to both

the English and Chinese text of the Contract;

(b)The arbitration award shall be final and binding on the

Parties and shall be enforced in accordance with its terms;

and

(c)The costs of arbitration shall be borne by the Party as

designated in the arbitration award.

因执行或履行本合同引起的或与本合同有关的任何争议，双方应通过友好谈判予以解决。如果在一方向另一方发出要求就争议开始进行谈判的书面要求后的三十（30）日内，争议未能得到解决，则任何一方可将争议提交新加坡国际仲裁中心（“仲裁机构”），由仲裁机构根据其时有效的联合国国际交易法委员会的仲裁规则和以下规定，进行仲裁：

(a)仲裁用英语进行，三（3）名仲裁员（各方可以分别委派一

名，第三名仲裁员由仲裁机构委派）可参照合同的英文文本

和中文文本；

(b)仲裁裁决应是终局的，对双方都有约束力，且根据其条款执

行；并且

(c)仲裁费用由仲裁裁决规定的一方承担。