ARBITRATION CLAUSE

We believe that the speed, economy and efficiency in resolving future trade disputes are essential and of interest to you and we suggest that you make the Arbitration Appointment with the following arbitration clause:

“All disputes, controversies or differences which may arise between the parties, out of or in relation to or in connection with this contract, or for the breach thereof, or related to its interpretation, filling gaps, an invalidity, performance, termination and adaptation to new circumstances will be decided by the ARBITRATION COURT / AC / at EUROPEAN INSTITUTION FOR MEDIATION AND ARBITRATION /EIMA/ in the Republic of Bulgaria with the headquarters in Sofia, 16, Sveta Nedelia Sq., 3th Floor, according to its Rules for the cases based on an Arbitration Agreement.”