The parties agree that any suits, actions or proceedings that may be instituted by
any party shall be initiated exclusively before the competent courts of the place of
establishment of the Seller without prejudice to Seller’s right to submit the relevant
case to the court which would have jurisdiction if this provision has not been
incorporated in the Conditions, and the parties do hereby consent to the jurisdiction
of those courts and waive any objection which they may have, now or hereafter, to
venue of those suits, actions or proceedings