12. Disputes and Governing Law
12.1. Except for enforcement of and obligations under Articles 3 (Confidentiality), 4 (Intellectual Property Rights), and 6 (Trademarks and Trade names), which may be remedied by an action for injunction or other equitable remedy, the Parties agree that any dispute, controversy or claim arising out of or in connection with this Agreement, or the breach, termination or invalidity thereof, shall be finally settled by arbitration in accordance with the Arbitration Rules of the Singapore Arbitration Centre (“SIAC Rules”) for the time being in force, which rules are deemed to be incorporated by reference in this clause.
12.2. The place of arbitration shall be Singapore and the English language shall be used in the proceedings.
12.3. The award of the arbitrators shall be final and may be entered and enforced in any court of competent jurisdiction.
12.4. This Agreement shall be governed by and construed in accordance with the laws of the Republic of Singapore.