Validity
Seller and Buyer are to sign sales and purchase contracts agreement for initial period and may be agreed by the two parties with automatic renewals. All minerals and precious metal contract is valid for and until London Bank close the appropriate business day, after which date the contract along with its relevant documents to be automatically signed and returned to West African Gold Limited within the validity period.
Legal
Any and all disputes arising in connection with the present purchase and sales agreement between West African Gold Limited and the purchaser that cannot be amicably resolved locally by negotiations shall be referred to arbitration and shall be finally settled by arbitration in London, England in accordance with the rules and regulations as determined and designed by the international chamber of commerce.
Any and all disputes arising in connection with the present purchase and sales agreement between West African Gold Limited and the purchaser that cannot be amicably resolved locally by negotiations shall be referred to arbitration and shall be finally settled by arbitration in London, England in accordance with the rules and regulations as determined and designed by the international chamber of commerce.
The language of the arbitration proceedings shall be the English Language. Judgment awarded via the arbitration to be entered by any court of competent jurisdiction.