Common use of Provisions Clause in Contracts

Provisions. 1. This Contract and all other relations related to the Contract shall be governed by the Slovak rule of law. 2. The Contracting Parties agreed that the relations not governed by this Contract shall be governed by the relevant provisions of the Act No. 40/1964 Coll. (The Civil Code) in its valid wording. 3. The places to deliver written documents are Contracting parties’ addresses stated in the heading of this Contract. Each of the Contracting Parties is obliged to notify in written form the other contracting party of any change regarding the delivery, immediately after such change occurs. If the delivery of written document to the other Contracting party fails due to the late or not performed notification on the change of delivery address, the day of returned post to the sender is considered as the day of delivery of the written document and this even in the event the recipient has not been informed about it. 4. The following dates are to be considered as the dates of written documents’ receipt: the day of personal receipt of the written documents, the day of receipt of the post, the day of refusal to accept the receipt of the written document or the post, the third day of the storage period at the post office and this even in the event that the recipient has not been informed about it. 5. This Contract is bilingual: in Slovak and English language. In case of doubt of interpretation prevails the Slovak version of the Contract. 6. This Contract is drawn up in 3 counterparts; The Mandator shall receive 2 counterparts after signing the Contract and 1 counterpart of this Contract is for the Mandatary. 7. This Contract may be changed only by written amendments, marked and signed by