Page 8 of 9 DISPUTE RESOLUTION: Any dispute or matter of difference and /or disagreement between the Parties concerning the validity, scope, meaning, construction or effect of this AGREEMENT and/or with regard to the rights, liabilities and obligations of the Parties hereto, shall be referred to and be settled and adjudicated upon by arbitration by 1 (one) arbitrator, to be mutually appointed by the parties in accordance with the provision of the Arbitration Act, 2001 and the award and determination of such arbitrator shall be final and binding upon both the parties and their legal heirs, successors-in-interests, administrators, executors, legal representatives and assigns. Any arbitration shall take place in Dhaka and be the sole means of the resolution of disputes arising out this Agreement or breach thereof, unless otherwise agreed by both parties in writing. In resolving the dispute hereunder, the parties agree that this Agreement or will be interpreted in accordance with the substantive Laws of Bangladesh. The resulting arbitral decision shall be final and binding on both Parties. The venue for the Arbitration will be Dhaka. GOVERNING LAW AND FORUM: This AGREEMENT shall be government by and construed in accordance with the laws of Bangladesh shall have exclusive jurisdiction in respect of all claims, suits or other legal proceedings arising in connection with this AGREEMENT. Undertaking I/We acknowledge that I/we have read and understood the terms and conditions and agree to subscribe for BSCCL’s IPLC service on the said terms and conditions including any amendments of those BSCCL may make from time to time. I/We confirm that all information & documentation provided by me/us in connection with the IPLC application process are true and correct.
Page 8 of 9 DISPUTE RESOLUTION: Any dispute or matter of difference and /or disagreement between the Parties concerning the validity, scope, meaning, construction or effect of this AGREEMENT and/or with regard to the rights, liabilities and obligations of the Parties hereto, shall be referred to and be settled and adjudicated upon by arbitration by 1 (one) arbitrator, to be mutually appointed by the parties in accordance with the provision of the Arbitration Act, 2001 and the award and determination of such arbitrator shall be final and binding upon both the parties and their legal heirs, successors-in-interests, administrators, executors, legal representatives and assigns. Any arbitration shall take place in Dhaka and be the sole means of the resolution of disputes arising out this Agreement or breach thereof, unless otherwise agreed by both parties in writing. In resolving the dispute hereunder, the parties agree that this Agreement or will be interpreted in accordance with the substantive Laws of Bangladesh. The resulting arbitral decision shall be final and binding on both Parties. The venue for the Arbitration will be Dhaka. GOVERNING LAW AND FORUM: This AGREEMENT shall be government by and construed in accordance with the laws of Bangladesh shall have exclusive jurisdiction in respect of all claims, suits or other legal proceedings arising in connection with this AGREEMENT. Undertaking I/We acknowledge that I/we have read and understood the terms and conditions and agree to subscribe for BSCCL’s IPLC service on the said terms and conditions including any amendments of those BSCCL may make from time to time. I/We confirm that all information & documentation provided by me/us in connection with the IPLC application process are true and correct.
Service%20Level%20Agreement%20of%20IPLC_1455170839-78.docx