Any disputes not resolved in the above shall be finally settled by arbitration in accordance with the Arbitration rules of the Thai Arbitration Institute, Ministry of Justices, applicable at the time of submission and the conduct of the arbitration thereof shall be under the auspices of the Thai Arbitration Institute, shall be conducted in English, unless otherwise agree upon, and be taken place in Bangkok, Thailand. The arbitral award shall be final and binding upon the parties judgment thereon may be entered in any court of competent jurisdiction thereof.