be settled finally by arbitration.The arbitration shall take place in Seoul, Korea and shall be conductedin accordance with the Rules of the Korean Commercial ArbitrationBoard by three arbitrators appointed according to those rules ..."

In case nosettlement can be reached through negotiations, such disputes shall besubmitted to and finally settled by arbitration. Arbitration shall take placeHalaman 30 Putusan No.166/Pdt.G/2012/PN.Jkt.

Bahwa Pasal 2.00 ayat (2) (Pasal 2.02) DistributorshipAgreement menyatakan sebagai berikut:"This Agreement shall come into effect during one yearperiod...and thereafter this Agreement shall automatically extendon year to year basis unless either Party gives a notice oftermination in writing to the other Party six (6) months prior toexpiration of the term of this Agreement..."

Bahwa Pasal 14 ayat (1) (Pasal 14.1) Supply Agreementmenyatakan sebagai berikut:" This Agreement shall become effective from the date of executionand will continue in effect for one (1) year from the date hereof andthereafter this Agreement shall be automatically extended on yearto year basis unless either party gives notice of termination inwriting to the other Party nine (9) months prior to expiration ofTerm of this Agreement."

Bahwa Pasal 26 Technical License Agreement menjelaskansebagai berikut:" This Agreement shall become effective on the Effective Date andunless sooner terminated under any other provision hereincontained shall continue in force with respect to each LicensedProducts until the fifth (5) anniversary of LICENSEE'Scommencement of commercial production of each and everyLicensed Products respectively unless the Parties agree in writingto further extend the term of this Agreement..."

(c) Lampiran F Agreement: ...The Final Invoice shall be paid on or before 30 (thirty) calendardays after the WORK Acceptance Report orCompletion Certificateis Signed. Serta teriemahannya dalam Bahasa Indonesia: ..Tagihan Akhir harus dibayar pada atau sebelum hari 30 (tigapuluh) hari kalender setelah Penerimaan Laporan PEKERJAAN atau Sertifikat Penyelesaian ditandatangani.

bahwaTergugat dan TAC Pertamina PT PAN telah sepakat menerapkannofault indemnity regime, yakni bahwa keduanya akan salingmemberikan penanggungan/pembebasan (indemnity) kepadapihak lain atas risiko yang ada, terlepas dari penyebab terjadinyarisiko tersebut, dan masingmasing pihak akan bertanggung jawabterhadap' setiap hal yang kewajibannya masingmasingberdasarkan Agreemeni. ++ =Berikut kutipannya: 2222222 22202 =The PARTIES intend that a mutual, nofault indemnity regime,supported by insurances, shall

apply and that each party shall beresponsible for those it causes to be in the vicinity of a WORKLOCATION or participating in the WORK.

SUCH INDEMNITY SHALL APPLYREGARDLESS OF WHETHER CAUSED OR BROUGHTABOUT BY ANY SECOND PARTY GROUP NEGLIGENCE OROTHER LEGAL FAULT ...

Lampiran F Agreement).Berikut kutipannya : SECOND PARTY Tergugat and FIRST PARTY fTACPertamina PT PAN, each on its own behalf and on behalf ofits Group, waive and release all rights and claims against theother PARTY and its Group for, and shall indemnify and holdharmless the other PARTY and its Group, for any loss of profitor anticipated profit, loss of revenues, production or drillinghal 35 dari 43 hal put.

Klasifikasi Barangbahwa berdasarkan Sub Heading Explanatory Notes, Sub heading 1507.10disebutkan:Fixed vegetable oils, fluid or solid, obtained by pressure, shall be consideredas crude if they have undergone no processing other than decantation,centrifugation or filtration, provided that, in order to separate the oils fromsolid particles only mechanical force, such as gravity, pressure or centrifugalforce, has been employed, excluding any adsorption filtering process,fractionation or any other physical

If obtained byextraction an oil shall continue to be considered as crude, provided it hasundergone no change in colour, odour or taste when compared with thecorresponding oil obtained by pressure.bahwa berdasarkan BTKI 2012, pos tarif 15.12, susunan possubpos nyaadalah sebagai berikut :15.12 Minyak biji bunga matahari, safflower atau Sunflowerseed, safflowebiji kapas dan fraksinya, dimurnikan oil and fractions thereof,maupun tidak, tetapi tidak dimodifikasi refined, but not chemicalsecara kimia.

Form E, tanggal 17Juli 2011 adalah tanggal kapal tersebut transit di Hongkong (master B/L Nomor:KMTCJMNO0015121),e bahwa benar Form E dengan Nomor: E114407H40460010 tanggal 14 Juli 2011 diissuedpada saat yang bersamaan dengan waktu ekspor barang (sesuai dengan house B/L Nomor:FSJKT11J11009 tanggal 14 Juli 2011),e bahwa Pemohon Banding sudah mengikuti ketentuan yang ada di Rule 10 (operationalcertification procedures for the rules of origin untuk ACFTA) yang menjelaskan thecertificate of origin shall

The Certificate of Origin shall be issued by the relevant governmentauthorities of the exporting party at the time of exportation or soonthereafter whenever the products to be exported can be sonsideredoriginating in the party within the meaning of the ASEANChina Rules ofOrigin.bahwa pengertian tanggal eksportasi tidak sama dengan pengertian tanggalpengapalan yang diterjemahkan oleh Terbanding sebagai tanggal B/L.bahwa Majelis berpendapat SKA (Form E) Nomor: E114407H40460010tanggal 14 Juli 2011 telah

permasalahan yang timbuldari atau sehubungan dengan pelaksanaan Kontrak Utama akan diselesaikanoleh Para Pihak (dalam hal ini Penggugat Dalam Konvensi dan Turut TergugatDalam Konvensi dan Dalam Rekonvensi) melalui arbitrase yangdiselenggarakan oleh Singapore International Arbitration Centre (SIAC) danmenggunakan peraturan dari SIAC.Secara lengkap Pasal 27 dari Kontrak Utama menyatakan sebagai berikut:Halaman 9Putusan Perdata Nomor 350/Pdt.G/2020/PN.JKT.SELbesaes If any dispute or difference of any kind shall

arise between the Contractorand the Subcontractor in connection with the Subcontract or carrying out of theSubcontract Works the Parties shall endeavor through productive discussionsto reach an amicable understanding about the matters in disagreement toachieve a final settlement agreeable to both Parties, before referring suchdisagreement to the Arbitration process.....

Without prejudice in any way to the foregoing, if, within fifteen (15) calendardays after the date of the above decision in writing by Contractor theSubcontractor does not accept such Contractor decision, then Subcontractormay notify Contractor that the matter shall be finally referred to and settled bythe arbitrator to be agreed upon the Parties...."Article 27 of PTC: ".... The venue of arbitration Singapore InternationalArbitration Centre (SIAC)..."Terjemahan bebas....

Bahwa Secara lengkap Pasal 27 dari Kontrak Utama menyatakan sebagaiberikut:Halaman 21Putusan Perdata Nomor 350/Pdt.G/2020/PN.JKT.SELbesaes If any dispute or difference of any kind shall arise between the Contractorand the Subcontractor in connection with the Subcontract or carrying out of theSubcontract Works the Parties shall endeavor through productive discussionsto reach an amicable understanding about the matters in disagreement toachieve a final settlement agreeable to both Parties, before referring

Provisional payment of ninety (90)percent of the provisional payment value shall be made by Buyerwithin three (3) Business days after the Date of Arrival. At Sellersrequest, Buyer shall make an advance provisional payment toSeller at any time after Concentrates have departed Port ofLoading.

Failureto be present and/or represented at any weighing, sampling,Halaman 132 dari 186 halaman Putusan Nomor 1589/B/PK/PJK/201 717.sample preparation and moisture determination shall be deemedto be a waiver of the right only in such instance;10.2 Sample Lot. A sample lot of Concentrates shall beapproximately five hundred (500) Wet Metric Tonnes. Weighingand sampling shall be done contemporaneously;10.3 Sample Splits.

Buyer and Sellershall assay in good faith their respective sample splits and theassay results for copper, gold and silver shall be exchanged bycrossing mail or other mutually agreed procedure. Gold and silverassays shall be made in accordance with fire assaying methods,adjusted for slag losses and cuple absorption. The umpire, whenrequired as contemplated by paragraph 11.2, shall be soinstructed.

In case thevaniation between the parties assays exceeds the splitting limitsdesignated below, an umpire shall be selected in rotation from thelist designated below whose assay shall be final, provided it is nothigher or lower than the original assays.

8.5, the parties shall agree to theapplicable splitting limits for such additional impurities;11.4 Cost of Umpires Assay.

(vide bagian witnesseth/menerangkanterlebih dahulu);Bahwa jika mencermati bagianwitnesseth/menerangkan terlebih dahulu,harga kontrak sewa tahunan adalah sebesar Us$ 5000, (lima ribu dollaramerika serikat) dan setiap tahun harga kontrak sewa tahunan meningkatsebesar Us$ 1.000, (seribu dollar amerika serikat):Bahwa pada section (pasal) 1 (satu) Contract Of Lease (KontrakSewa/Perjanjian) tersebut Penggugat dan Tergugat telah menyepakatitentang jangka waktu perjanjian yang bunyinya: this lease shall

This Lease shall not bedeemed extended beyond that period of time for any cause or reasonwhatsoever, and unless its term is seasonably renewed as provided for insection 16 hereof (hereinafter reffered to as the "RENEWED YEARLYTERM), the possesion of the LEASED PREMISES by the LESSE, after thetermination of said terms shall be considered illegal.

Incase LESSEE elects to extend the lease, as far as the yearly rental amountis concerned, provision under section 1 shall apply. TERJEMAHANINDONESIAnya adalah: Lima bulan sebelum berakhirnya JANGKAWAKTU TAHUNAN AWAL atau JANGKA WAKTU TAHUNAN YANGDIPERPANJANG berikutnya, PENYEWA harus menyampaikan kepadaYANG MENYEWAKAN, apakah KONTRAK SEWA tersebut akandiperpanjang atau tidak.

This Lease shall not be deemed extendedbeyond that period of time for any cause or reason whatsoever, and unlessits term is seasonably renewed as provided for in section 16 hereof(hereinafter reffered to as the "RENEWED YEARLY TERM), the possesionof the LEASED PREMISES by the LESSE, after the termination of saidterms shall be considered illegal.

TERJEMAHANINDONESIAnyaadalah: PENYEWA memiliki hak prioritas untuk mendapatkan tawaran untukmemperpanjang sewa dari YANG MENYEWAKAN setelah 5 tahun.Bahwa mengenai besar uang sewa pertahun dan kenaikan uang sewa setiap tahun menurut Contract Of Lease (Kontrak Sewa/Perjanjian), diaturpada bagian WITNESSETH, yang bunyinya: the LESSEE shall pay inadvance within the first week of april each year to the LESSOR, for each ofthe first year and the second year of this CONTRACT OF LEASE the yearlyrent amount

In theevent that, subsequently, any portion of CONTRACTOR's participating interestin this CONTRACT becomes subject to a Tax Treaty, all of the percentagesappearing in section VI of this CONTRACT as applicable to the portions ofCONTRACTOR and BPMIGAS so affected by a Tax Treaty shall be revised inorder to maintain the same net income aftertax for all CONTRACTOR'Sparticipating interest in this CONTRACT.

Lihat pula Seksi V angka 1.2 (r) PSC PemohonPeninjauan Kembali yang menyatakan bahwa:The Contractor shall severally pay to the Government of the Republic ofIndonesia the Income Tax including the final tax on profits after taxdeduction imposed on it pursuant to the Indonesian Income Tax Law andits implementing regulations.

Berikut adalah kutipan butir 4 huruf (c)Protocol Tax Treaty Indonesia Malaysia (Bukti PK11):In connection with Article 7 "Business profits", nothing in this Article shallprevent either Contracting State from imposing, apart from the corporateincome tax, a branch profits tax on the after tax profits of the permanentestablishment, provided that the tax so imposed shall not exceed 12.5% ofsuch amount.

Berikut adalah kutipan butir 5 Protocol Tax TreatyIndonesia Malaysia:In connection with Article 10 "Dividends", nothing in this Article shall affectthe provisions contained in any Production Sharing Contracts relating tothe exploitation and Production of oil and natural gas which have beennegotiated with the Government of Indonesia or the relevant state oilcompany of Indonesia, provided that a company which is resident inMalaysia deriving income from a Production Sharing Contract shall not beless

Periodically, PERTAMINA and CONTRACTOR shall meet to discussthe conduct of the Petroleum Operations envisaged under thisContract and will make every effort to settle amicably any problemarising therefrom;1.2. Disputes, if any, arising between PERTAMINA and CONTRACTORrelating to this Contract or the interpretation and performance of anyof the clauses of this Contract, and which cannot be settled amicably,shall be submitted to the decision of arbitration.....

This is pursuant to Article 99 paragraph (1) Rv stating3536that in the event of primary debtor and guarantor, the legal proceedings shall befiled to District Court whose jurisdiction covers the residence of primary debtor(in this case CoDefendant as debtor whose residence is within the jurisdictionof District Court of Cilacap).

(Article 1313of ICC); /A12 Whereas in Point 2 of the Deed of Payment and Completion Guarantee No.60 (see Exhibit P11), Defendants shall be severally liable to SyndicatedCreditors (currently Plaintiff) in the form of reimbursement in the event ofcost overrun arising out from the development of CoDefendant's CilacapFlour Mill. For details, We quote as follows:2.

Article1267 of Indonesian Civil Code as follows:Obligation to do something or not to do something, in the event of debtor'sdefault of his obligations, shall take form of reimbursement, indemnity, andinterest (Article 1239 of ICC);Reimbursement, indemnity, and interest for default of an obligation shall bedue and payable when the debtor, having been declared to be in default of hisobligations, continuously fails the same, if something to be given or to be doneby him, shall be given or done only within

(Article 1267 of ICC);26 Whereas Plaintiff as the Facility Agent shall reserve right to claim againstDefendants to pay guarantee for cost overrun to CoDefendant.

,Notary Public in Jakarta;To declare that Plaintiff shall be entitled to claim against Defendant topay guarantee for cost overrun in accordance with the results of auditand valuation independent accountant public, PWC, amounting toUS$ 4,430,253.

On Comprehensive Economic CoOperation BetweenAssociation Of South East Asian Nation And The Peoples Republic Of China (ProtKedua Untuk Mengubah Persetujuan Perdagangan Barang Dalam Persetujuan KeranKerja Mengenai Kerjasama Ekonomi Menyeluruh Antara NegaraNegara Anggota AsosBangsaBangsa Asia Tenggara Dan Republic Rakyat China), yaitu pada Annex 3 "RulesOrigin For The The AseanChina Free Trade Area", dinyatakan:Rule 2: Origin CriteriaFor the purposes of this Agreement, products imported by a Party shall

be deemed tcoriginating and eligible for preferential concessions if they conform to the orrequirements under any one of the following:Products which are wholly obtained or produced as set out and defined in Rule 3; orProducts not wholly produced or obtained provided that the said products are eligible utRule 4, Rule 5 or Rule 6.bahwa pada Rule 3, disebutkan, sebagaimana kutipan berikut:Rule 3: Wholly Obtained ProductsWithin the meaning of Rule 2 (a), the following shall be considered as wholly

The People's Republic of China dan PeraturanPresiden Republik Indonesia Nomor 37 Tahun 2011 tentang Pengesahan SecondProtocol To Amend The Agreement On Trade In Goods Of The FrameworkAgreement On Comprehensive Economic CoOperation Between The Association OfSoutheast Asian Nations And The Peoples Republic Of China.bahwa berdasarkan Appendix 1: Revised Operational Certification Procedures (OCP)For The Rules Of Origin Of The AseanChina Free Trade Area pada Rule 7dinyatakan The Issuing Authorities shall

Certificate of Origin (Form E), and signed by theauthorised signatory,(b) The origin of the product is in conformity wth the Rules of Origin for the ACFTA,(c) The other statements of the Certificate of Origin (Form E) correspond to supporting documentaryevidence submitted,(d) Description, quantity and weight of products, marks and number of packages, number and kinds ofpackages, as specified, conform to the products to be exported,(e) Multiple items declared on the same Certificate of Origin (Form E) shall

be allowed subject to thedomestic laws, regulations and administrative rules of the importing Party provided each item mustqualify separately in its own right.bahwa berdasarkan Annex 3 "Rules of Origin for The ASEANChina Free TradeArea" disebutkan Within the meaning of Rule 2 (a), the following shall be consideredas wholly produced or obtained in a Party:Plant and plant products harvested, picked or gathered there,Live animals born and raised there,Product obtained from live animals referred to

Rangka ASEANChina Free Trade Area, didalamPeraturan Menteri Keuangan Nomor 235/PMK.011/2008 tentangPenetapan Tarif Bea Masuk Dalam Rangka ASEANChina FreeTrade Area, tidak ada larangan tentang Tanggal B/L mendahuluiTanggal SKA atas impor barang terkait dengan pemberlakuanperjanjian perdagangan bebas (Free Trade Area) antar Negara.bahwa berdasarkan Rule 12, Rules Of Origin For The AseanChina Free Trade Area disebutkan A claim that products shallbe accepted as eligible for preferential concession shall

Area disebutkan The Certificate of Originshall be issued by the relevant Government authorities of theexporting Member State at the time of exportation or soonthereafter whenever the products to beexported can be consideredoriginating in that Party within the meaning of the ASEAN China Rules of Origin.bahwa berdasarkan Apendix 1 Rule 11 Revised OperationalCertification Procedures for the Rules of Origin of the ASEAN CHINA Free Trade Area disebutkan In principle, a Certificate of Origin (Form E) shall

In exceptional cases where the Certificate of Origin(Form E) has not been issued by the time of shipment or no laterthan three (3) days from the date of shipment, at the request of theexporter, the Certificate of Origin (Form E) shall be issuedretroactively in accordance with the domestic laws, regulationsand administrative rules of the exporting Party within twelve (12)months from the date of shipment, in which case it is necessary toindicate ISSUED RETROACTIVELY in Box 13.

This Policy shall be construed in accordance with Indonesia Law and anydispute or difference between the Insured and the Insurers shall be submitted toarbitration in Jakarta in accordance with the Statutory provision for arbitrationfor the time being in force"(vide Bukti T1)Hal. 7 dari 18 hal. Putusan No.373/Pdt.G/2013/PN.Jkt.

This Policy shall be construed in accordance with Indonesia Law and any disputeor difference between the Insured and the Insurers shall be submitted to arbitrationin Jakarta in accordance with the Statutory provision for arbitration for the timebeing in force";Menimbang, bahwa sesuai dengan ketentuan Pasal 3 UndangUndang RepublikIndonesia Nomor : 30 Tahun 1999 tentang Arbitrase dan Alternatif PenyelesaianSengketa menyatakan Pengadilan Negeri tidak berwenang untuk mengadili sengketapara pihak yang

For the purposes of this Agreement an individual, who is amember of a diplomatic or consular mission of one of the twoStates in the other State or in a third State and who is a nationalof the sending State, shall be deemed to be a resident of thesending State if he is submitted therein to the same obligationsin respect of taxes on income as are residents of that State;Article 111.

However, such interest may also be taxed in the State in which it arisesand according to the laws of that State, but if the beneficial owner of theinterest is a resident of the other State, the tax so charged shall notexceed 10 per cent of the gross amount of the interest.3.

State with respect to debtclaims guaranteed or insured by the Government of theother State including political subdivisions and localauthorities thereof, the Central Bank of the other Stateor any financial institution owned or controlled by thatGovernment;Notwithstanding the provision of paragraph 2, interest arising in one ofthe other Stares shall be taxable only in the other State if the beneficialowner of the interest is a resident of the other State and if the interest ispaid on a loan made

for a period of more than 2 years or is paid inconnection with the sale on credit of any industrial, commercial orscientific equipment;The competent authorities of the two States shall by mutual agreementsettle the mode of application of paragraphs 2, 3 and 4;6.

Any informationreceived by one of the two States shall be treated as secret in the samemanner as information obtained under the domestic laws of that State andshall be disclosed only to persons or authorities (including courts andadministrative bodies) involved in the assessment or collection of, theenforcement in respect of, or the determination of appeals in relation to, thetaxes covered by the Agreement. Such persons or authorities shall use theinformation only for such purposes.

disahkan dengan Keputusan Presiden Republik Indonesia Nomor 48Tahun 2004 tentang Pengesahan Framework Agreement On Comprehensive Economic CoOperation Between The Association Of South East Asian Nation And The Peoples OfChina (Persetujuan Kerangka Kerja Mengenai Kerjasanna Ekonomi Menyeluruh AntaraNegaraNegara Anggota Asosiasi BangsaBangsa Asia Tenggara Dan Republik RakyatChina);Menimbangbahwa berdasarkan Rules of Origin Rule 8 disebutkan tentang Direct Consignmentdisebutkan bahwa :The following shall

the products have not entered into trade or consumption there;iii) the products have not undergone any operation there other than unloadingand reloading or any operation required to keep them in good condition.bahwa berdasarkan Revised OCP For the Rules of Origin of the ASEANCHINA FREETRADE AREA Rule 21 disebutkan bahwaFor the purpose of implementing Rule 8(c) of the Rules of Origin for the ACFTA, wheretransportation is effected through the territory of one or more nonACFTA Parties, thefollowing shall

On Comprehensive Economic CoOperation BetweenAssociation Of South East Asian Nation And The Peoples Republic Of China (ProtKedua Untuk Mengubah Persetujuan Perdagangan Barang Dalam Persetujuan KeranKerja Mengenai Kerjasama Ekonomi Menyeluruh Antara NegaraNegara Anggota AsosBangsaBangsa Asia Tenggara Dan Republic Rakyat China), yaitu pada Annex 3 "RulesOrigin For The The AseanChina Free Trade Area", dinyatakan:Rule 2: Origin CriteriaFor the purposes of this Agreement, products imported by a Party shall

be deemed tcoriginating and eligible for preferential concessions if they conform to the orrequirements under any one of the following:Products which are wholly obtained or produced as set out and defined in Rule 3; orProducts not wholly produced or obtained provided that the said products are eligible utRule 4, Rule 5 or Rule 6.bahwa pada Rule 3, disebutkan, sebagaimana kutipan berikut:Rule 3: Wholly Obtained ProductsWithin the meaning of Rule 2 (a), the following shall be considered as wholly

Within thirty (30) days from the date of transmittal of thisAward to the Parties, Respondent Pt Sumi AsihOleochemical Industry shall pay to Claimant VinmarOverseas,Ltd. the following sums:a. Damages of $5,578,461.00;b. Preaward interest in the amount of $355,339.00;c. Attorneys fees of $200,000.00;3. Interest on the total of the amounts specified in paragraph 1above shall accrue until paid at the rate applicable to unpaidjudgements as provided under the law of the States ofTexas;4.

The administrative fees and expenses of the InternationalCentre for Dispute Resolution ("ICDR"), the internationaldivision of the American Arbitration Association ("AAA"),totaling $22,550.00 shall be borne by the Parties as incurred;5. The compensation and expenses of arbitrators totaling$54,582.11 shall be borne equally by the Parties ...........:::000+ "6.

This award may be executed in any number of counterparts, each ofwhich shall be deemed an original, and all of which together shallconstitute the Award of this Tribunal;7. This award is in full settlement of all claims and counterclaimssubmitted in this arbitration.

Within thirty (30) days from the date of transmittal of thisAward to the Parties, Respondent Pt Sumi AsihOleochemical Industry shall pay to Claimant VinmarOverseas,Ltd. the following sums :a. Damages of $5,578,461.00;b. Preaward interest in the amount of $355,339.00;c. A ttorneys' fees of $200,000.00;3. Interest on the total of the amounts specified in paragraph 1above shall accrue until paid at the rate applicable to unpaidjudgements as provided under the law of the States ofTexas;4.

The administrative fees and expenses of the InternationalCentre for Dispute Resolution (ICDR), the internationaldivision of the American Arbitration Association (AAA),totaling $22,550.00 shall be borne by the Parties as incurred;5. The compensation and expenses of arbitrators totaling$54,582.11 shall be borne equally by the Parties;3.

Economic CoOperation Between The Association Of South East Asian Nation And ThePeoples Republic Of China (Protokol Kedua Untuk Mengubah Persetujuan Perdagangan Barang DalamPersetujuan Kerangka Kerja Mengenai Kerjasama Ekonomi Menyeluruh Antara NegaraNegara AnggotaAsosiasi BangsaBangsa Asia Tenggara Dan Republic Rakyat China), yaitu pada Annex 3 "Rules Of Origin ForThe The AseanChina Free Trade Area", dinyatakan:Rule 2: Origin CriteriaFor the purposes of this Agreement, products imported by a Party shall

be deemed to be originating and eligiblefor preferential concessions if they conform to the origin requirements under any one of the following:Products which are wholly obtained or produced as set out and defined in Rule 3; orProducts not wholly produced or obtained provided that the said products are eligible under Rule 4, Rule 5 orRule 6.bahwa pada Rule 3, disebutkan, sebagaimana kutipan berikut:Rule 3: Wholly Obtained ProductsWithin the meaning of Rule 2 (a), the following shall be considered

No. 764 K/PDT.SUS/2010diselesaikan melalui Arbitrase sesuai dengan ketentuan dari Pasal 17ayat 17.3 dari Commercial Agreement juncto Pasal 3 UndangUndangNomor 30 Tahun 1999 tentang Arbitrase dan Alternatif PenyelesaianSengketa, yang mana berbunyi sebagai berikut :Article 17 paragraph 17.3 of Commercial Agreement :Any of such Disputes, which can not be amicably settled wthin 30(thirty) days after the matter in dispute has been brought by one Party tothe attention of the other Party, shall be referred

to and finally resolvedby arbitration in Singapore in accordance wth the prevailing ArbitrationRules of the Singapore Intemational Arbitration Center (SIAC Rules),which rules are deemed to be incorporated by reference in this Article.The Tribunal shall consist of one (1) or three (3) arbitrators as agreedbetween the Parties.

In the event that the Parties fail to agree on thenumber of arbitrators, the tribunal shall consist of three (3) arbitratorsappointed in accordance wth the SIAC Rules.

The language of thearbitration shall be English ;Dimana terjemahan dalam Bahasa Indonesianya adalah sebagaiberikut :Pasal 17 ayat 17.3 dari Commercial Agreement:Segala Persengketaan, yang tidak dapat diselesaikan dengan cara baikdalam jangka wektu 30 (tiga puluh) hari setelah masalah dalamPersengketaan disampaikan oleh salah satu pihak kepada pihak lainnya,maka akan merujuk pada dan diselesaikan secara final melalui arbitrasedi Singapura sesuai dengan Peraturan Arbitrase yang berlaku padaSingapore

No. 764 K/PDT.SUS/2010Company at Sep 30, 2006 and on such difference has been agreedand accepted by and between SGAFR and the Shareholders ;The Revaluation Difference shall be paid by the Shareholders to SGAFR within 30 (thirty) days as of the expiry of the Option Exercise Periodby wre transfer to the bank account designated by SGAFR.

be subjectchange and shall be determined by mutual discussion and agreement byboth parties at the latest of three (3) month prior to the commencementof such contract year.

The minimum quantity of the product purchasedby CJI for contract year 2012 and 2013 shall be in the minimum ofseventy thousand metric ton (70,000 MT)The quantity of the product purchased by CJI for contract year 2014onwards as referred to in Article 4.2 (d) above shall be subject tochange and shall be determined to a fixed quantity as referred to theestablishment and operation of Jombang expansion plant as agreed bythe Parties.A tolerance of minus five percent (5%) of the annual minimum totalpurchase

of each contract year respectfully, is applicable, provided thatpurchasing shall be in lot sizes in maximum of five thousand fivehundred metric ton (5,500 MT).

Isi ketentuan Pasal 14.2 danPasal 14.3 kami kutip adalah sebagai berikut:14.2 Any controversy or claim arising out of or in relation to thisAgreement, or breach hereof, shall be finally settled by arbitration inJakarta;14.3 The arbitration shall be conducted before 3 (three) arbitrators inaccordance with the Rules of Arbitration of Badan Arbitrase NasionalIndonesia then in effect in accordance with Law No. 30 of the year1999 concerning Arbitration and Alternative Dispute Resolution (as itmay be amended

be subject changeand shall be determined by mutual discussion and agreement by bothparties at the latest of three (3) month prior to the commencement of suchcontract year.