g gear Retractable luffing gear Assembly cranes M B2-SV13-B Bevel-helical gear Reduction Boxes B2

Flender/Flender Gear Units/Bevel-helical gear Reduction Boxes B2

ll entitled to recover fr om the Customer the Contract Pr ice less any save or avoided expenditure and any additional cost and expenses incurred by Flender due to suc termination. 1. Dispute Resoluti on, Applicabl Law 1.1 The Contract and any dispute or claim arising out of, or in connection with, it or its subject matter or formation (includin non-contractual disputes or claims) shall be governed by and construed in accorda nce with the substantive laws of Switzerland. The UN Convention on Contracts for the Internationa Sale of Goods shall not apply. 1.2 All disputes arisin out of or in connection with the Contract including any question regarding the terminatio or any subsequent amendment of the Contract shall be fina lly settle in accordance with the Rules of Arbitration of the Internationa Chamber of omme rce (ICC). If the value of the total matter dispute, ncluding the value of any countercla ims, is ess than 1,0,0, the tribunal shall co nsist of one arbitr ator and if th value of the total matter in disp ute is 1,0,0 or more th tribunal shall co nsist of three arbitrators. If the tribunal cons ists of three arb itrators, ach party hall ominate one arbitr ator fo confi rmation by the ICC. Both arbitrators sha ll agree on the hird arbitrator, within 3 days after their appointment. Shoul the two arbitrators fail to reach agreement on the third arbitrato within the thirty -day period, the CC shall sel ect and appoint th third arbitrator. 1.3 The seat of arbitration shall be Zurich, Switzerland. The language to be used in the arbitration proceeding shall be Englis . Any order for the production or disclosur of documents shall be limited to the documents on which each party specif ically reli es in its su bmission(). 1.4 Upon request of p