【正文】 count. Although Party A would like that Party B anises convoys of imported vehicles own wheel drive, Party A will have no obligation to subscribe, through Party B, a specific driving insurance. If the driving insurance for own wheel transportation is pulsory for the crossing countries. The cost of such insurance shall be for Party B’s account. In any event, though Party A fails to purchase Cargo insurance, Party B should strive to minimise the losses. 19 ARTICLE 11: FORCE MAJEURE If Party B is prevented from executing the Contract by force majeure, such as but not limited to earthquake, typhoon, flood, fire and war and other unforeseen events, or any other unpreventable and unavoidable event, Party B should strive to minimise the losses correctly and reasonably and notify Party A in twentyfour hours and provide him with detailed information of events explaining the reason for its inability to execute or delay in the execution of all or part of the Contract. ARTICLE 12: CONFIDENTIALITY The Parties shall preserve strict confidentiality concerning the services and business. This undertaking shall extend beyond any termination of the Contract, or the Parties’ cooperation. Each Party shall be responsible for any nonpliance herewith of its employees, its servants, agents, or their respective subparties. ARTICLE 13: MODIFICATIONS The Contract contains the entire understanding between the Parties and supersedes and replaces any prior Contract or understanding, be it written or verbal. Any additions and modifications hereto shall be by written instrument signed by the Parties. Such instrument would form part of the Contract. ARTICLE 14: LANGUAGE In case of contradiction between the English version of the Contract and its translation of other language versions for better understanding of the English part, the English version shall prevail. ARTICLE 15: ENTIRE CONTRACT The Contract, together with the attached Appendix, constitutes the entire Contract between the Parties. To the extent of any inconsistency or conflict between any provisions of the Contract and the Appendix, the provisions of Contract shall prevail. 20 ARTICLE 16: NOTICE Notices which serve to alter, revise, terminate or otherwise have a material impact or in the ordinary execution of the Parties’ obligations on the Contract shall be served by registered mail or courier service or, in the event expeditious notice is required, by fax or electronic mail confirmed by courier service or registered mail to one of the munication addresses appointed in the Contract. Where notices are served orally, the Party served may demand the notice reconfirmed by one of the means of munication in the Contract. ARTICLE 17: APPLICABLE LAW The Contract shall be governed by and construed in accordance with the laws of P. R. China. ARTICLE 18: RESOLUTION OF DISPUTES Any dispute arising from or in connection with this Agreement shall be settled amicably through negotiation. If no settlement is reached through negotiation, the case shall be submitted to China International Economic and Trade Arbitration Commission (CIETAC) for arbitration in Beijing. The arbitral award is final and binding upon both parties. Neither party may bring a suit before a law court or make a request to any other anization for revising the arbitral award. The arbitration fee shall be borne by the losing party unless otherwise awarded by the arbitration tribunal. ARTICLE 19: OTHERS The headings to the Clauses of the Contract are inserted for convenience only and do not form part of the Contract and have no effect upon its interpretation. 21 Should any of the provisions of these terms of the Contract be found invalid or cancelled, all other provisions shall remain in full force and effect. Party A: Signed by_____________________ (Signature) For and on behalf of CHINAPETROLEUM TECHNOLOGY a