15.2 Any controversy, dispute, or claim of whatever nature arising out of, in connection with, or in relation to the interpretation, performance or breach of this Agreement, or any subcontract awarded under this Agreement, whether based on contract, tort, or statue, shall be settled by final and binding arbitration conducted in Dekalb County, Georgia. The arbitration shall be administered by a panel of three arbitrators, one of which shall be selected unilaterally by each party and one which will be selected by mutual agreement. Arbitration shall be conducted in accordance with the then existing rules of the American Arbitration Association (AAA), and judgment upon any award rendered by the arbitrators may be entered by any state or federal court having jurisdiction....
43. LAWS GOVERNING
Prime Contractor and Subcontractor agree to use best, good faith efforts to negotiate in a business-like manner any disputes arising under this Agreement or in the performance of this Agreement. Any dispute which is not disposed of by agreement between the parties within thirty (30) calendar days of the beginning of negotiations between the parties with respect thereto shall he resolved as set forth below. All negotiations of disputes will commence with detailed descriptions of the dispute
All questions with respect to the construction, enforcement and interpretation of this Agreement and the rights and liabilities of the Parties hereto shall be determined in accordance with the laws of the State of California, without regard to principles of conflicts of law. Each party irrevocably waives any objections or immunities to jurisdiction to which it may otherwise he entitled or become entitled (including immunity to pre-judgment attachment post-judgment attachment and execution) in any legal suit, action or proceeding against it arising out of, or relating to, the Contract, this Agreement, or the transactions contemplated hereby, which is instituted in any such court.
2. The relief granted to Claimant under No. 1 shall become effective upon the securing of an injunction bond in the amount of USD 500,000 00.
3. In accordance with the International Centre for Dispute Resolution Procedures, this Interim Emergency Award is subject to reconsideration, modification, or vacatur of parts or in its entirety by the full arbitral panel.
4. The administrative fees of the International Centre for Dispute Resolution and the compensation of the Emergency Arbitrator shall be shared equally between Claimant and Respondent, subject to reallocation by the full arbitral panel.
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