Exclusive Distribution Agreement Page 9
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To Developer:
CSEN International Ltd.
4 Hanayadot Street
Jerusalem 9753604, Israel
Attn: Dr. Joseph Eldor
Fax: 972 2 583 5744
Either party may change its address or its fax number for purposes of this Agreement by
giving the other party written notice of its new address or fax number. Any such notice
if given or made by registered or recorded delivery international air mail letter shall be
deemed to have been received on the earlier of the date actually received and the date
fifteen (15) calendar days after the same was posted (and in proving such it shall be
sufficient to prove that the envelope containing the same was properly addressed and
posted as aforesaid) and if given or made by fax transmission shall be deemed to have
been received at the time of dispatch, unless such date of deemed receipt is not a
Business Day, in which case the date of deemed receipt shall be the next such succeeding
Business Day.
19.
Waiver
None of the conditions or provisions of this Agreement shall be held to have been
waived by any act or knowledge on the party of either party, except by an instrument in
writing signed by a duly authorized officer or representative of such party. Further, the
waiver by either party of any right hereunder or the failure to enforce at any time any of
the provisions of this Agreement, or any rights with respect thereto, shall not be deemed
to be a waiver of any other rights hereunder or any breach or failure of performance of
the other party.
20.
Construction of Agreement and Resolution of Disputes
20.1
Governing Law. This Agreement, which is in English, shall be interpreted in accordance
with the commonly understood meaning of the words and phrases hereof in the United
States of America, and its and performance of the parties hereto shall be construed and
governed according to the laws of the State of Israel applicable to contracts made and to
be fully performed therein.
20.2
Arbitration. Any dispute, controversy or claim arising out of or relating to this
Agreement or to a breach hereof, including its interpretation, performance or
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