entirely, any of its rights or obligations under this Agreement to another without prior written consent of the other Party, except that Party A may transfer to assign its rights and obligations hereunder to any of its subsidiaries and affiliated companies which now or hereafter may organized. Dispute Resolution
Any dispute arising from, out of, or in connection with this Agreement, which cannot settled amicably by the Parties shall be submitted to the People’s Court. Continued Implementation
During the period when a dispute is pending, the Parties shall in all other aspects continue their implementation of this Agreement. Government Law
This Agreement shall be governed by the laws of PRC. Severability
If any of the provisions of this Agreement are held to be void or unenforceable or are contrary to or not in compliance with the laws of the PRC, the remaining provisions shall be valid and enforceable. The parties agree that in the event a provision is held to be void or unenforceable or contrary to or not in compliance with the law of PRC, they will negotiate in good faith to replace such provision with a valid and enforceable provision which will achieve, to the extent
possible, the economic, business and other purposes of Parties in executing this Agreement. Waiver
Failure or delay on the part of any party hereto to exercise any right, power or privilege under this Agreement shall not operate as a waiver thereof, not shall any single or partial exercise of any right, power or privilege preclude the exercise of any right, power or privilege. Heading
The headings of Articles are for case reference only and shall have no legal effect.
Entirety & Amendments
This Agreement supersedes and replaces all prior agreements, written or oral and constitutes the entire agreement between the Parties hereto with respect to the subject matter. All changes or amendments to this Agreement shall be valid only if made in writing and executed by the duly authorizes officers of the Parties. Language
The Chinese vision and English vision of this Agreement has the same validity. In case there is any discrepancy between two versions, the Chinese version prevails.
Effectiveness
This Agreement shall be effective upon both parties authorized signature and stamp. Annexes
The following documents are hereto attached as Annexes and made a part of this Agreement.
Annex A: Processing Rules for Damaged Products Annex B: Favorable Payment Terms.
The above Annexes are integral part of this Agreement. If there is any discrepancy or conflict between this Agreement and the Annexes, this Agreement shall prevail.
IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed in duplicate by their duly authorized officers on the ---day of ---in Guangzhou, China.
Party A: Procter & Gamble (Guangzhou) Ltd. Party B: Carrefour(Guangzhou)