1. Within thirty (30) days From the date of transmittal of this Final Award to the parties, Sonocine Inc., hereinafter referred to as Respondent, shall pay to Traf Intercontinental Elektronik HandelsGmbH. hereinafter referred to as Claimant, the sum of $50,000.00).
2. The administrative fees and expenses of the International Centre for Dispute Resolution (ICDR) totaling US$2,000 00 are to be borne equally. The compensation and expenses of the Arbitrator totaling US$ 1,050.00 are to be borne equally. Therefore Sonocine Inc. has to pay Traf International Elektronik Handels GmH the amount of $1,525.00. per their contract.
3. This award is in full settlement of all claims submitted to this Arbitration.