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ING LAW / ARBITRATION (1) The contract evidenced by or contained in this Bill of Lading shall be governed by Japanese law. (2) Any dispute arising from this Bill of Lading shall be referred to arbitration in Tokyo by the Tokyo Maritime Arbitration Commission (TOMAC) of The Japan Shipping Exchange, Inc., in accordance with the Rules of TOMAC and any amendments thereto, and the award given by the arbitrators shall be final and binding on both parties. 4. VALIDITY In the event that anything herein.

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