And if the agreement shall be governed by the laws of the state of north Carolina then such dispute shall be referred to and finally settled by arbitration in accordance with the rules of arbitration promulgated by the American arbitration association under its commercial dispute resolution procedures (the Rules). Such arbitration shall take place in Washington d.c. and be conducted in English before a panel of three neutral arbitrators selected pursuant to such rules. A judgement on the award rendered by the arbitrators may be entered in and enforced by any court having jurisdiction thereof, with each party hereby consenting to the jurisdiction of such court over it and waiving, to the fullest extent permitted by law, any defense or objection relating to in personam jurisdiction, venue or convenience of the forum. All matters arising in any action to enforce an arbitral award shall be determined in accordance with the law and practice of the forum court, provided that, notwithstanding the foregoing, this arbitration clause shall not apply to claims for indemnification from third-party claims where said third party has initiated litigation against Volvo or supplier, or both.