【正文】
it shall be valid after it isratified by the original ratifying authority. This Agreement has ** copies oforiginals。 Dispute SettlementParty A and Party B shall by friendly consultation resolve the disputesconcerning the validity, performance, default, rescission, indemnity and so onhereof. Where the disputes fail to be resolved within ninety days after thedisputes occur, both Parties agree to submit the disputes to the arbitration of***************** and the arbitration shall be conducted in***** in accordance with the arbitration procedures of the said Committee.The arbitrator awards shall be final and binding upon both Parties. During thearbitration, the other clauses hereof shall continue to be performed except thedisputed parts hereof.[_].where either party breaches the agreement, the defaulting party shall bear thecorresponding liabilities for breach of contract.[_]. Party A shall cooperate with Party B to plete all thetransfer procedures。 Party B shall make no rescission ofthese contracts for any reasons unless Party B may rescind thecontracts upon the agreement thereon of both parties concerned.4.s all property, creditor39。s obligations,while Party A will no longer participate in the running of theCompany, nor enjoy the shareholder39。 The Company shall be run solely by Party B. Party B enjoys theshareholder39。 The Rights and Obligations of Both Parties After the Transfer:1. Neither the total investment amount nor the registered capitalshall be changed.[_] Party B agrees to buy the saidequity. Party B shall own 100% of the equity of the Company afterthe realization of the transfer.3. Party Bcontributes US$ *** amounting to **% of the Company39。 Prior to the transfer, Party A contributes $***amounting to **% of the Company39。 The Amount of Equity to be transferred:1. the Company saves a counterpart。Article 7 Validity requirements and eff