Clause 15. ARBITRATION & JURISDICTION:
If any dispute happens the two parties agree to try their utmost to solve it by friendly negotiation. If the dispute proves impossible to settle, all disputes arising out of or in connection with the present contract shall be finally settled under the rules of arbitration of the International Chamber Of Commerce + the disputed matter will be subject to arbitration by an arbitrator in London, United Kingdom under ICC rules and regulations. The losing party will pay the arbitration fee...it is understood that in the event of dispute or arbitration, English shall prevail. The award of the arbitrator shall be final and binding for both parties.