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Fill and Sign the Principle Xiv2 Law Applicable to International Contracts Form

Fill and Sign the Principle Xiv2 Law Applicable to International Contracts Form

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-1- 6.19 Governing Law Provisions Example 1 (General Partnership Venture):Section 1.01. Governing Law; Ownership. Except as is expressly herein stipulated to the contrary, the rights and obligations of the Venturers and the administration and termination of the Venture shall be governed by the Uniform Partnership Act of the State of [Delaware]. The validity, performance, and all matters relating to the interpretation and effect of this Agreement shall be governed by the internal law in effect in the State of [Delaware], without regard to principles of law (such as "conflicts of law") that might make the law of some other jurisdiction applicable. Example 2 (General Partnership Venture): Section 1.01. Interpretation. This Agreement and the rights and obligations of the parties shall be construed in accordance with and governed by the laws of the State of [New York] applicable to agreements made and to be performed wholly within such jurisdiction. Each of the parties agrees to (a) the irrevocable designation of the Secretary of State of the State of [New York] as its agent upon whom process against it may be served, and (b) submit to personal jurisdiction in any action brought in any court, Federal or State, within the State of [New York] having subject matter jurisdiction.

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