Law of Arbitration

SAMPLE 4All disputes, differences or claims in connection withthe construction, interpretation and performance ofthis Agreement shall be settled by means of cordialand constructive negotiation provided that if theparties cannot settle such dispute, difference or claimwithin thirty (30) days of first conferring, then suchdispute, difference or claim shall be submitted toarbitration. Unless otherwise agreed in writing by theparties: -(i)the arbitration shall be conducted by a singlearbitrator jointly appointed by the parties hereto inaccordance with the Arbitration Act 2005. If theparties fail to agree on the appointment of thearbitrator, the arbitrator shall be appointed by theDirector of the Kuala Lumpur Regional Centre forArbitration whose decision shall be final and bindingon the parties.