Dispute Resolution: Any dispute arising out of or in connection with this contract, including any question regarding its existence, validity or termination, which is not resolved amicably between the Parties within 30 days from the dispute being notified formally to each Party, shall be referred to and finally resolved by arbitration in Thailand in accordance with the Arbitration Rules of Thailand for the time being in force, which rules are deemed to be incorporated by reference in this clause. The language of the arbitration shall be English. The award of the arbitral tribunal shall be final and binding on the Parties.