GENERAL42221 - Laserfiche WebLink

Home Browse Search

~. this Agreement derived from its ownership interest 1n that entity commonly known as Gold Pi1I1 ventures. Inc. c. COM. INC. may assign its rights and obligations hereunder only in Conjunction with a sale or transfer of the Mill, it being the intent of the parties that this Agreement run wtth the title to the Mill during the term hereof. 18. in + g Effect Thls Agreement shaII be binding upon the heirs, personal repre- seatatives. successors. and assig~as of the parties hereto. If any pro- vision hereof is found by a court of competent jurisdictton to be void or unenforceable, it shall in no way affect the validity or enforceabllity of any other provision hereof: and such void provision shall be deemed severed herefiom. 19. ~~ , 'The titles of sections and paragraphs hereof are inserted for the convenience of the parties and are not intended to be used in con- struction of the meaning or intent hereof. 20. Digpllte Resolution a. The laws governing this Agreement shall be the applicable laws of the State of Colorado. b. In the event a dispute shall arise between the parties, the dispute shall be submitted to binding arbitration before the American Arbitration Association, Denver, Colorado. The dispute shall be heard before athree-person panel where two of the arbiters shall be tech- nically qualiSed as experienced is mineral ore milling operations and processes. The arbitration shall be in accordance with the rules governing commercial arbitration. c. The award of the arbitrators shaII be final and binding upon the parties, which award may be registered under the laws of the state having applicable jurisdiction and may be enforceable according to the laws of the stag haviorg jurisdiction over the party against whom the sward is reordered. d. In the event a dispute shall arise between the parties, and it shall be arbitrated as provided herein, the prevailing party, in addition to the award made and all other remedies, shall be entitled to recover 16