10. Settlement of Disputes.
10.1. Should any disputes or discords arise on account of improper implementation or non – implementation of the present Contract, the parties take whatever action is necessary to settle the matter by way of negotiations.
10.2. The cooperation of the Parties is regulated by present Contract and actual laws of the Azerbaijan.
10.3. In case the matter is not settled by way of negotiations it should be put forward to the Arbitration Court of Azerbaijan Republic.
11. Validity of the Present Contract.
11.1.The present Contract comes into force from the date of signing by both parties and is valid till December 31, 2017. The present contract is considered to be prolonged for each subsequent year if both parties do not express a desire to cancel it within 30 days before expiration.
11.2. This Contract may be terminated unilaterally by either party at any time if one of the parties will give the other party written notice of termination by notice, the other party 30 days prior to termination of the Contract. Termination of the Contract shall not relieve the Parties from liability for breach of performance of obligations to pay for work actually performed and claim damages or other financial obligations set forth in this Contract or its annexes.
11.3. The fax copy of contract and all documents is valid.
11.4. Alterations and additions to the Contract and its Supplements are accomplished by the Parties in written form and require the consent of both parties.
11.5. The present contract has 2 copies, in Azerbaijan and in English, however the Azerbaijan copy is taken as the original one for settling of disputes.
|
|
