This Agreement is governed by the material law of Switzerland under exclusion of the United Nations Convention on Contracts for the International Sale of Goods (CISG). All disputes, controversies, and differences of every kind which may arise between Buyer and
Seller in connection with or arising from this Agreement shall be finally settled by confidential arbitration to be held in Zürich, Switzerland, in accordance with section 353 seq. of the
Swiss Civil Procedure Code of 19 December 2008 (Part 3 Arbitration, sections 353 to section 399 of the Swiss Civil Procedure Code of 19 December by one (1)