Common use of Dispute Resolutions Clause in Contracts

Dispute Resolutions. (a) Any dispute arising out of or in relation to this Agreement, the Parties shall first resolve the dispute through friendly negotiation. The requesting party shall notify the other party of the dispute and explain the nature of the dispute by overloading the date notice. If the Parties fail to reach an agreement regarding such a dispute within thirty (30) days of its occurrence, any Party is entitled to submit such dispute to the China International Economic and Trade Arbitration Commission (the “CIETAC”) for arbitration in Beijing in accordance with the then effective arbitration rules thereof and the arbitration award shall be final and binding.

Dispute Resolutions. (a) Any dispute arising out of or in relation to this Agreement, the Parties shall first resolve the dispute through friendly negotiationnegotiation (the “Dispute”). The requesting party shall notify the other party of the dispute Dispute and explain the nature of the dispute Dispute by overloading the date notice. If the Parties fail to reach an agreement regarding such a dispute Dispute within thirty (30) days of its occurrence, any Party is entitled to submit such dispute Dispute to the China International Economic and Trade Arbitration Commission (the “CIETAC”) for arbitration in Beijing in accordance with the then effective arbitration rules thereof and the arbitration award shall be final and binding.