【正文】
o arbitration to be conducted under the Rules of China International Economic and Trade Arbitration Commission. The parties agree that the arbitration as aforesaid shall be conducted in Shanghai, China. And the substantive law to be applied by the arbitrator in considering and resolving the dispute referred to arbitration in terms hereof, shall be the Chinese law. The parties further agree to exclude any right of application or appeal to any courts arising in the course of such arbitration and with respect to any award made in such arbitration, which award shall be final and binding on the parties. If to XX 5 Basel Street, Petah Tiqva 49131, Israel Attention: Vice President, API Division Telephone: 97239267338 facsimile:97239267477 If to XXXX: Waisha 99, Jiaojiang, Taizhou, Zhejiang,318000, China Attention: Vice President, Sale Dept. Telephone: 00865768827561 Fax: 00865768827681 Or to such other addresses or facsimile numbers as either party shall designate by notice, similarly given, to the other party. Notices or written munications shall be deemed to have been sufficiently made or given if by air courier or by facsimile with confirmed transmission, within 3 days of such transmission or if by first class airmail within 10 day