These terms shall be construed in accordance with the applicable laws of India. The Courts at Varanasi have exclusive jurisdiction in any proceedings arising out of this agreement.Any dispute or difference either in interpretation or otherwise, of any terms between the parties here to, the same shall be referred to an independent arbitrator who will be appointed by De-Lemon a unit of Banaras Beads Ltd, which will be final and binding on the parties hereto. The above arbitration shall be in accordance with the Arbitration and Conciliation Act, 1996 as amended from time to time. The arbitration shall be held in Varanasi.