General terms and conditions of sales

 

12. Jurisdiction

The Italian Law shall govern any contract/purchase order signed or received by the Seller. Any dispute or claim arising out of or in connection with the contract/purchase order that cannot be settled amicably shall be referred to arbitration in Torre Annunziata, Italy. The number of arbitrators shall be three. Each party shall be entitled to appoint an arbitrator and the third arbitrator shall be appointed by the President of the Court of Torre Annunziata, if no agreement has been reached by the two parties. If a party fails to appoint an arbitrator within 20 days after the service of the notice, on application of the other party who appointed their arbitrator, the President of the Court may appoint an arbitrator who shall have the like powers to act in the reference.