Contact Person: - ONGC Videsh Limited

12. The Arbitration shall be held at the place from where the contract has been
awarded. However, parties to the contract can agree for a different place for the
convenience of all concerned.
13. The Arbitrator(s) shall give reasoned and speaking award and it shall be final
and binding on the parties.
14. Subject to aforesaid, provisions of the Arbitration and Conciliation Act, 1996
and any statutory modifications or re-enactment thereof shall apply to the
arbitration proceedings under this clause.
10. APPLICABLE LAW AND JURISDICTION
10.1 The contract, including all matters connected with this contract shall be
governed by the Indian law, both substantive and procedural, for the time being
in force and shall be subject to the exclusive jurisdiction of Indian Courts in
New Delhi.
11. EMPLOYMENT BY CONTRACTOR TO OFFICIALS OF OVL
Firms/companies who have or had business relations with OVL are advised
not to employ serving OVL employees without prior permission. It is also advised
not to employ ex-personnel of OVL within the initial two years period after their
retirement/resignation/severance from the service without specific permission
of OVL. The OVL may decide not to deal with such firm(s) who fail to comply
with the above advice.
12 REFERENCE OF CONTRACT IN ALL CORRESPONDENCE
Reference of this contract should invariably be quoted in all correspondence
relating to this contract.
13. The total liability of the contractor arising out of this contract shall be
limited to the contract value. In no event shall either party be liable to the other
for any indirect or consequential damages whatsoever arising.
14 INDEMNITY:
Successful bidder shall indemnify OVL regarding the fulfillment of the terms and
conditions of the contract in the format prescribed by OVL. In case the successful
bidder does not fulfill its obligations in an earnest manner, the bidder may be
black listed besides the other remedies that may be available to OVL under the
contract . OVL reserves the right to terminate the contract at any time without
assigning any reason.
15. LANGUAGE/TERMINOLOGY :
The SUPPLIER shall ensure that the language/terminology/Description of
services used in any document including, but not limited to, invoice is verbatim
in English and not at variance.
ONGC/MM/01/(34)