Provision Language
8. Miscellaneous
[…]
8.5 Language; Governing Law. This Agreement shall be construed, and legal relations between the parties hereto shall be determined, in accordance with the laws of the State of New York applicable to contracts executed and wholly to be performed within the State of New York without giving effect to the principles of conflicts of laws. Any disputes between the parties to the Agreement including the applicability of any Patent, shall be brought in the state or federal courts located in New York, New York. Both parties agree to waive their right to a jury trial and to consent to jurisdiction in such courts.
8.6 Dispute resolution. The parties agree that in the event of a dispute they shall first attempt in good faith to resolve such dispute. In the even that such dispute is not resolved on an informal basis, either Party may refer the dispute to the Executive Director of the MPP, and to Licensee’s CEO (together, the Designated Officers). If such dispute is not resolved by the Designated Officers within 30 days, either party may commence court proceedings.