"امتياز الشارقة النفطي والوثائق المتعلقة به" [ظ‎‎٨] (٢٦/١٦)

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n • 1 •_ ^ 1 .• A inplnHps tllft Act of God. Wfl r
prevent or control.
Article 23. The Shaikh shall not by general or special legislation or by
administrative measures or by any other act whatevei annul tins Agreement except
as provided in Article 19. . . , 0 i -i i
No alteration shall be made in the terms of this Agreement by either the Shaikh
or the Company except in the event of the Shaikh and the Company jointly agreeing
that it is desirable in the interests of both parties to make ceitain alterations,
deletions or additions to this Agreement.
Article 24.— (a) If at any time during the currency of this Agreement any
difference or dispute shall arise between the parties hereto concerning the inter
pretation or execution hereof, or anything herein contained, or in connection
herewith, or the rights or liabilities of either party hereunder, the same shall,
failing any agreement to settle it in any other way, be referred to two arbitrators,
one of whom shall be chosen by each party, and a referee, who shall be chosen by
the arbitrators before proceeding to arbitration.
(b) Each party shall nominate its own arbitrator within 60 days after delivery
of a request so to do by the other party, failing which its arbitrator may at the
request of the other party be designated by the British Political Resident in the
Persian Gulf. In the event of the arbitrators failing to agree within 60 days after
being chosen or designated the British Political Resident in the Persian Gulf may
appoint a referee at the request of the arbitrators or of either of them.
(c) The decision of the arbitrators, or in a case of a difference of opinion
between them, the decision of the referee, shall be final and binding upon both
parties.
(d) In giving a decision the arbitrators or the referee shall specify an adequate
period of delay, during which the party against whom the decision is given shall
conform to the decision, and that party shall be in default only if that party has
failed to conform to the decision prior to the expiry of that period and not
otherwise.
(e) The place of arbitration shall be such as may be agreed by the parties and
in default of agreement shall be London.
Article 25. The Company shall make all payments that become due to the
Shaikh under this Agreement into the Shaikh’s account at the Eastern Bank, Ltd.,
Bahrain, and the Bank’s receipt shall be a full discharge for the Company in respect
to the payment of the sum stated in the Bank’s receipt.
Should the Shaikh decide to grant permission for a Bank to open a branch or
Agency in Sharjah the Shaikh shall consult with the Company as to which Bank
shall be given the permission.
The Shaikh may from time to time designate in writing another Bank or Banks
for the purpose of this Article.
Article 26. The Shaikh may select a local man to act as a confidential person
as between the Shaikh and the Company’s Representative and to assist in procuring
the labour that the Company may require. The salary of the Shaikh’s confidential
person so appointed shall be paid by the Company through the Shaikh in Sharjah
and shall be at the rate of Rupees Four hundred (400) per month.
Article 27. This Agreement is written in English and translated into Arabic.
In Witness whereof the parties to this Agreement have set their hands the day
and year first above written.
And God is Gracious.
The Company,
ERNEST 0. PARKES.
The Shaikh,
SULTAN BIN SAGAR.
(Signed in Arabic.)
In the presence of
T. H1CKINBOTHAM,
Political Agent, Bahrain.
17th September 1987.