Bjorn Lunden

Terms and Conditions

Uppdaterad

Background

This Agreement for Services (the “Agreement”) is entered into between Björn Lundén AB, with organization number 556293-9982 (“Björn Lundén,” “we,” or “us”), and the customer accessing the Services (“Customer” or “you”). This Agreement sets forth the terms and conditions governing the Customer’s access to and use of the Lundify suite of products, software, and related services (collectively, the “Services”).

Table of Contents:

Article 1. Definitions

1.1.1 In this Agreement, the following words shall have the meanings set forth below: 

a) Affiliate Software: Products and services provided by a third party that are linked to or interact with the Service, and supplied by or with the approval of Bjorn Lunden to the Customer. 

b) Agreement: This Agreement, including its appendices and sub-appendices, and any order form. 

c) Confidential Information: Has the meaning set forth in article 11

d) Customer Data: Data that you or Users submit to us, upload to the Service, or that we otherwise receive through your use of the Service. 

e) Material Errors (Imperfections): All material defects found in the Software that would normally significantly impair its functioning. 

f) Online Software: A software package offered by Bjorn Lunden as an online service. 

g) Service: The program or programs (including Online Software, Local Software, Custom Software, and Standard Software) and related services that are included in our service package from time to time and that we provide to you under this Agreement. 

h) Service Description: The current specifications and documentation for the Service. 

i) Standard Software: Software not specifically developed for the Customer. 

j) System Administrator: The person within your organization who purchased the Service on your behalf, or who has otherwise been appointed by you as System Administrator. 

k) User: The person who is employed by you or otherwise works on your behalf (for example, a consultant) to whom you have granted access to the Service. 

Article 2. The Service

2.1. Scope 

2.1.1 This Agreement applies to Lundify products (i.e., the Service) and the number of Users that you have ordered, as well as to new orders you make during the term of the Agreement. 

2.1.2 The Service is provided in accordance with applicable industry standards and applicable laws and regulations. Notwithstanding the foregoing, the Customer is aware that the Service is always provided on an "as is" basis and in accordance with the limitations set out in these Terms and Conditions.

2.2. Right to Use the Service

2.2.1 Through this Agreement, Bjorn Lunden grants the Customer a non-exclusive, non-assignable and non-transferable right to use the Service in Sweden, Denmark and the Netherlands during the term of the Agreement and to allow Users to use the Service.  

2.2.2 The Customer only acquires the non-exclusive right to use the Software for the number of Users agreed in writing and/or number of administrations and in accordance with what is stated in this Agreement.

2.3. Changes and Development of the Service 

2.3.1 Bjorn Lunden is constantly working to improve and develop our programs and services.  

2.3.2 Bjorn Lunden is free during the term of this Agreement to update and change the Service to the extent we deem appropriate. Such updates and changes may include, for example, changes or removal of features in the Service. If such a change is expected to cause a major disadvantage to you, for example a significant change in the functioning of the Service, Bjorn Lunden will notify you of the change no later than three (3) months before it takes effect.  

2.3.3 You will then have the right to terminate the Agreement with thirty (30) days' written notice after we notify you of the change.  

2.3.4 The Agreement will then cease to be valid on the date on which the change takes effect or on a later date that you specify in the termination (however, no later than three (3) months after the change takes effect). 

2.3.5 Bjorn Lunden has the right to terminate all or part of the Service.  

2.3.6 If Bjorn Lunden terminates all or part of the Service, we will notify you no later than three (3) months before this occurs.  

2.3.7 The Agreement will then terminate (in whole or in part, as applicable) on the date the Service terminates. For information on refunds of fees in these cases, see article 6.4. 

2.4. Subcontractors 

2.4.1 Bjorn Lunden reserves the right to use subcontractors to fulfill our obligations under the Agreement and deliver the Service to you. 

Article 3. Support and Maintenance

3.1 Support services will be provided in accordance with the terms outlined in the Service Level Agreement (SLA)

Article 4. System Administrator

4.1 When you order the Service, you specify your System Administrator.  

4.2 The System Administrator is the designated and exclusive point of contact for all matters arising from or related to the Service and this Agreement. 

4.3 The System Administrator is authorized to take actions including, but not limited to, the following: 

  • add and remove Users; 

  • update Customer-specific information; 

  • receive information about changes and updates to the Agreement and the Service; 

  • decide on other matters arising from this Agreement.

Article 5. Customer Obligations

5.1. General 

5.1.1 You may only use the Service in accordance with applicable laws and regulations, the terms of this Agreement, and good industry practice.  

5.1.2 You are responsible for ensuring that the information uploaded to the Service does not violate applicable laws and regulations. 

5.1.3 You are responsible for ensuring that Users use the Service in accordance with the terms of this Agreement. You have the ability to upload, access and download materials and Customer Data from the Service throughout the Agreement term.  

5.1.4 You will not be able to access or use the Service after the Agreement terminates, and you are therefore responsible for downloading any materials and Customer Data that you may need in the future from the Service before the Agreement terminates.  

5.1.5 Bjorn Lunden is not obliged to provide this data to the Customer or to provide access to it after termination.  

5.1.6 The responsibility to comply with any retention obligations rests exclusively with the Customer. 

5.1.7 You may upload and store accounting documents, such as invoices and receipts, in the Service.  

5.1.8 You are responsible for ensuring that accounting documents are handled in accordance with the requirements of the Accounting Act and other applicable laws and regulations.  

5.1.9 Bjorn Lunden will protect the data provided by the Customer in the Online Software against loss, damage and destruction to the extent commercially reasonably possible.  

5.2. Use of the Service 

5.2.1 When you and Users use the Service, you are required to follow our instructions, including the Acceptable Use Policy. It is your responsibility to ensure that Users understand the content of such instructions and that they are required to follow them. 

5.2.2 You are responsible for ensuring that User login information for the Service is stored securely. You are solely responsible for any unauthorized access to and use of the Service. You must notify us immediately if you suspect or become aware of any unauthorized access to the Service, as further detailed in our Acceptable Use Policy. 

5.2.3 You may not use the Service to store or process material that is not intended for use in accounting (for example, video material or music). This restriction, along with the following prohibitions, is further elaborated and enforced through our Acceptable Use Policy. 

The Customer and its Users are not permitted to: 

  1. access to the online software by any means other than the servers of Bjorn Lunden or an Intermediary; 

  1. to cause disruptions or delays in any way to the servers of Bjorn Lunden or an Intermediary; 

  1. data held by a third party on Bjorn Lunden's servers or a third party to view, edit, copy or remove; 

  1. reverse engineer the Software or use the Software to decompile or disassemble; 

  1. use the Software in such a way as to infringe the rights of third parties or to any legal or contractual stipulation; 

  1. structurally use more network capacity per User and/or storage capacity than the average user of the Software. 

5.2.4 We have the right to limit or suspend your and/or an individual User's access to the Service if we suspect that you or the User are in breach of these Terms (including our Acceptable Use Policy), if you fail to make a payment, or if we for any reason believe that continued provision of the Service to you or the User could result in harm to us or any of our other customers. 

5.2.5 We may also take other measures that we deem necessary to address the risk or other reasons that gave us reason to limit or suspend access to the Service. 

5.3. Responsibility for Third Party Programs and Services and Requirements 

5.3.1 You are responsible for ensuring that the programs and services you use in conjunction with the Service that are provided by any third party are correctly installed, may be used in conjunction with the Service, and can be used in conjunction with the Service without adversely affecting the Service.  

5.3.2 For the avoidance of doubt, Bjorn Lunden does not assume any responsibility for such programs and services from third parties or that they may or may be used in conjunction with the Service. 

5.3.3 If someone else brings a claim or action against us due to your or your Users' use of the Service or third-party services or programs (for example, regarding infringement of third-party intellectual property rights), you will, without regard to any limitations set forth in this Agreement, fully indemnify us for any damage or loss we have suffered or risk suffering as a result of the claim or action (including the costs and damages that we may be required to pay through any settlement or judgment). 

Article 6. Price and Payment

6.1. Price 

6.1.1 The prices stated at the time of ordering apply to the Service.  

6.1.2 All prices quoted are exclusive of VAT. You are responsible for paying VAT and other taxes and fees applicable to the Service. 

6.2. Price adjustment 

6.2.1 We have the right to adjust our prices annually. Such price adjustments usually take place and become effective on January 1, but we reserve the right to do so at other times in the event of increased costs. 

6.2.2 We also have the right to increase the price with immediate effect from our notice, if the increase is due to circumstances beyond our control, such as changes in exchange rates, taxes, increased costs for suppliers or third parties, or other circumstances of economic significance that affect the cost of providing the Service. 

6.2.3 We have the right to adjust the prices in other cases as well. Such price adjustment shall take effect thirty (30) calendar days after we notify you of the adjustment. In the event of such price adjustment, you have the option to terminate the Agreement with immediate effect up to the day before the adjustment takes effect. 

6.3. Invoicing and Payment 

6.3.1 How payment is made may vary between different programs and services (in advance or in arrears and at what interval).  

6.3.2 Payment for the Service is made as specified by Bjorn Lunden at each relevant time.  

6.3.3 Payment is made against an invoice issued by Bjorn Lunden. 

6.3.4 Unless we have agreed otherwise, payment shall be made no later than twenty (20) days from the invoice date.  

6.3.5. Payment is considered complete when the relevant amount has been received into our account as stated on the invoice. If we do not receive your payment on time, we have the right to charge late payment interest in accordance with the Interest Act until full payment is made. We also have the right to charge a fee for payment reminders and debt collection, if applicable. 

6.3.6 If you do not pay for the Service in accordance with the Agreement, we have the right to temporarily suspend your and all Users' access to the Service until you have paid all amounts due. We also have the right to terminate the Agreement with immediate effect if full payment of the invoice has not been made forty (40) days after the due date. 

6.3.7 If you have an objection to an invoice issued, you must notify us of this within ten (10) days from the invoice date, stating reasons in writing. If you do not object within this time, you lose the right to object to the invoice. A complaint about an invoice does not suspend the obligation to pay. 

6.4. Refund of fees if the Agreement is terminated 

6.4.1 If the Agreement is terminated, we will not refund any fees already paid, except if the Agreement is terminated as stated in article 2.3 and article 19, when we will refund the portion of the fee corresponding to the remaining part of the agreement period. 

Article 7. Availability

7.1 The commitment of Bjorn Lunden for service availability, planned downtime, and any applicable service credits are detailed in the Service Level Agreement (SLA).

Article 8. Liability for Errors

What is stated in this article 8 is Bjorn Lunden's sole liability for errors in the Service. 

8.1. Errors for which we are responsible 

8.1.1 We are responsible for errors in the Service that are solely due to us and that mean that the content or functions of the Service do not function to a significant extent in accordance with the current Service Description and provided that the error is not excluded according to article 8.2 below.  

8.1.2 In the event that we are responsible for an error, our only obligation is to remedy it in accordance with article 8.3. 

8.1.3 If the error is not one for which we are responsible but it means that the processing of Customer Data leads to an incorrect outcome, we can, if we deem it possible, assist in reprocessing the Customer Data. 

8.2. Exceptions 

8.2.1 We are not responsible for the accuracy of the outcome of any automatic processes performed in the Service (e.g. in connection with the interpretation of supplier invoices). 

8.2.2 We are not responsible for errors that are due to or related to (directly or indirectly): 

a) acts or omissions of you, Users, or anyone else for whom we are not responsible (e.g., third-party providers providing services or programs that you use in conjunction with the Service, including Affiliate Software), such as using the Service in a manner not otherwise intended in the Agreement, using the Service in conjunction with any third-party service or program, modifying the Service not performed by us or anyone acting in accordance with our express instructions, using a release or version of a service that is no longer supported by us, or any other unauthorized, negligent or negligent act or omission in connection with the Agreement; 

b) any security breach, including but not limited to viruses, malware, or other malicious attacks, affecting the Client, its Users, or any third party; or any defect, vulnerability, or malfunction caused by or originating from software, applications, or systems not developed or managed by Bjorn Lunden; 

c) reasons beyond our control such as problems with the internet or force majeure according to article 10 below. 

8.3. Conditions for us to fix errors 

8.3.1 In order for us to be obliged to remedy errors for which we are responsible under this clause, the following conditions must be met: 

a) you must have reported the error within thirty (30) days after you discovered or should have discovered the error, and 

b) you must provide us with all the information we need to be able to fix the error, and the error is considered to be of material importance to the average customer. 

If all of the above conditions are met, we will remedy the error with the urgency that the circumstances, in our opinion, require. 

Article 9. Liability and Limitations of Liability

9.1. Customer Responsibilities 

9.1.1 You shall compensate us for any damage we suffer due to you or any User (or anyone else for whom you are responsible) using the Service in violation of the Agreement or in a manner that harms us, or otherwise breaches this Agreement. 

9.2. Bjorn Lunden's Responsibilities 

9.2.1 Our liability is limited to direct damage.  

9.2.2 We are not liable for indirect damage, such as loss of profit and/or production, loss of data, damage due to delay, or damage as a result of information or advice given by Bjorn Lunden, the content of which is not expressly part of a written Agreement.  

9.2.3 We are only liable for damages to you and are not liable to others (e.g. Users, your employees or your customers). 

9.2.4 As long as we have not acted intentionally or been grossly negligent, our total liability per twelve-month period from the date of entry into this Agreement is limited to a maximum of EUR 50,000. This compensation is at all times limited to a maximum of fifty percent (50%) of the amount of the fees paid for the Service in the three (3) months prior to the event giving rise to the claim but never exceeding the maximum total liability. 

9.2.5 In the event of an unlawful act by Bjorn Lunden or one of its subordinates, for which Bjorn Lunden is held legally liable, Bjorn Lunden is only liable for compensation for damage resulting from death or bodily injury, in which case its liability is limited to the amount paid out in this respect by its liability insurance. 

9.3. Requirements 

9.3.1 A claim for damages resulting from a breach of this Agreement must be submitted in writing to the other party as soon as possible but no later than two (2) months after the damage was discovered or should have been discovered, in order to be asserted. 

Article 10. Force Majeure

10.1 Bjorn Lunden shall be excused from liability for any failure or delay in performing its obligations under this Agreement if such failure or delay is caused by a Force Majeure Event.  

10.2. For the purposes of this Agreement, Force Majeure Events shall include, but are not limited to:
a) Acts of God, such as fire, flood, earthquake, or other natural disasters;
b) War, hostilities, invasion, act of foreign enemies, and mobilization;
c) Rebellion, revolution, insurrection, or military or usurped power, or civil war;
d) Widespread interruption of public telecommunications, transportation, or energy supply;
e) Governmental action, such as new or amended legislation, regulations, embargoes, or import/export restrictions;
f) Labor disputes, including but not limited to strikes, lockouts, or boycotts; and
g) Failure or delay of a supplier or subcontractor due to any of the foregoing causes.

10.3. The party affected by a Force Majeure Event shall promptly notify the other party in writing of its occurrence and use all reasonable efforts to mitigate its effects and resume performance as soon as possible. If a Force Majeure Event prevents Bjorn Lunden from fulfilling its obligations for a continuous period of more than sixty (60) days, the Client shall have the right to terminate this Agreement upon written notice. 

Article 11. Confidentiality and Non-Solicitation

This Clause 11 applies exclusively to Clients that are not Law Firms. 

11.1. Confidential Information 

11.1.1 Each party undertakes not to provide any third party with information regarding the content, existence and/or other information of the Agreement that the party receives from, or in connection with assignments performed for, the other party in connection with the Agreement during the term of the Agreement and for a period of ten (10) years thereafter.  

11.1.2 This applies regardless of whether the information is provided in writing or orally and regardless of format.  

11.1.3 Each party undertakes to use such information solely for the purpose of fulfilling its obligations under the Agreement and not for any other purpose. Each party shall further take the necessary measures to prevent employees and others from using or disclosing such information to third parties. 

11.1.4 The information that may not be provided to anyone else (“Confidential Information”) is all information of a financial, technical, commercial or other nature that either party receives in connection with the Agreement or through any relationship related to the Agreement, regardless of whether the information is in writing or not and regardless of whether the information comes directly from you or us, whether the information comes from someone else or whether the information arises while you are using our Service. 

11.1.5 These confidentiality commitments do not apply to information such as: 

a) at the time of receipt is or later becomes available to the public other than through breach of the Agreement; or 

b) was already available to the receiving party or which the receiving party has independently developed before the conclusion of the Agreement and which has not, directly or indirectly, been obtained through breach of the Agreement. 

11.1.6 The above confidentiality obligations do not prevent a party from disclosing such information that a party is obliged to disclose pursuant to:  

i. law, regulation or ordinance,  

ii. judgment or decision of a court or authority,  

iii. applicable stock exchange rules or equivalent for another recognized marketplace and/or  

iv. if the disclosure occurs within the framework of a dispute or other legal process relating to the Agreement.  

If a party should have or be required to disclose such information, the party undertakes to immediately notify the other Party and to ensure that information provided in accordance with this article 11 is, to the extent possible, treated confidentially by the recipient of the information. 

11.1.7 We shall each treat the other party's Confidential Information as confidential and shall use at least the same degree of care and diligence in handling such information as we or you use in handling our own confidential information of a similar nature or in accordance with good practice (whichever involves the greatest degree of care and diligence). Neither of us may use Confidential Information for any purpose other than to perform our respective rights and obligations under this Agreement. 

11.2. Exceptions to Confidentiality 

11.2.1 Notwithstanding the above, we have the right to disclose Confidential Information (which does not contain personal information unless permitted by the Data Processing Agreement) specified below to Bjorn Lunden's group companies, partners or suppliers: 

  1. information about who you are; 

  1. other information that needs to be disclosed in order for us, our supplier or our partner to be able to deliver or develop the Service; and 

  1. information that needs to be disclosed in order for any of our other partners who provide services related to the Service to be able to deliver and/or develop such services.
    We also always have the right to inform an organization that it has an account with us. Bjorn Lunden will only use the Customer's name and logo with permission on its website or a reference list.

11.3. Non-Solicitation 

11.3.1 The Client shall be responsible for the duration of the Agreement and until twelve (12) months thereafter, not to enter into any direct or indirect business relationship, employment relationship or other similar relationship with any employee of Bjorn Lunden, except with the written permission of Bjorn Lunden. 

11.3.2 In the event of a breach of this Article 11.3.1, the Client shall owe, without further notice of default, an immediately payable penalty of EUR 20,000 per violation and of €1,000 per day that the violation continues, without prejudice to Bjorn Lunden's right to receive compensation for the damage suffered in full. 

Article 12. Processing of Personal Data

12.1 Bjorn Lunden is in some cases the data controller and in other cases the data processor for the processing of personal data that takes place within the framework of the Service. 

12.2 Bjorn Lunden's processing of personal data in its capacity as a personal data processor is regulated by the Data Processing Agreement (DPA) that we have entered into in connection with the entry into this Agreement. The current version of the Data Processing Agreement can be found on the Bjorn Lunden website. 

12.3 Bjorn Lunden's processing of personal data as a data controller is described in our privacy statement.

12.4 The Client hereby accepts that the supplier of Affiliate Software may have potential access to personal data stored in his records.  

12.5  The Customer acknowledges that use of the Affiliate Software may involve the processing of personal data by a third-party supplier. The Customer is required to enter into and maintain a valid Data Processing Agreement (DPA) directly with the supplier of the Affiliate Software, in accordance with applicable data protection laws (including the GDPR). Bjorn Lunden is not a party to this DPA and shall have no liability or responsibility for the data processing activities conducted between the Customer and the third-party supplier. 

Article 13. Use of Customer Data

13.1 We have the right to use Customer Data in the manner set out in the Agreement. 

13.2 We may use Customer Data to fulfill our obligations under this Agreement, for statistical purposes, to improve and develop the Service and for marketing purposes as set out in article 14. The foregoing also includes a right for us to transfer Customer Data to third parties for the purposes set out. 

13.3 You shall ensure that Customer Data and materials that you or Users upload to the Service are free of viruses, Trojans, worms or other software or code that may damage the Service. 

Article 14. Marketing

14.1 We may market services to you that we, another company in the Bjorn Lunden Group or any of our partners provide (provided that it is permitted under applicable laws and regulations).  

14.2 The marketing may take place in the Service, by email or otherwise. 

Article 15. Intellectual Property Rights

15.1 This Agreement does not transfer copyright or any other intellectual property rights to the Service or that Bjorn Lunden otherwise holds to you, to Users or to anyone else.  

15.2 The Client is not permitted in any way, by its manner of use of the Software or otherwise, infringe Björn Lunden's intellectual property rights. Bjorn Lunden acquires all intellectual property rights that arise in related to its activities.

15.3 You may not copy, modify or otherwise deal with software or other materials associated with the Service.  

15.4 The Client is not entitled to transfer the right of use or to give the Software to third parties for use without written permission of Bjorn Lunden. 

Article 16. Conflicting Instructions

16.1 If we receive conflicting instructions from, on the one hand, persons authorized to represent you and, on the other hand, persons from the accounting firm authorized to represent you regarding the Service, we reserve the right to choose whose instructions we will follow, as long as this does not otherwise result in us breaching the Agreement. 

Article 17. Messages (Notices)

17.1 We will provide notices to you via the Service or by sending a letter or email to the address or email address that you last provided in writing in the Service.  

17.2 You are responsible for updating the Service in the event of any changes to your address, email address or other contact information. 

17.3 Notices we send to you by mail will be deemed to have been received by you no later than three (3) business days after the notice was sent from us. Notices we send to you on the Service or via email will be deemed to have been received by you immediately after the notice was sent from us.  

17.4 The version of the communication between us and the Client shall be deemed to be proof thereof, subject to evidence to the contrary by the Client. 

Article 18. Changes to the Agreement

18.1 We may change this Agreement from time to time, and such changes will be effective from the time they are posted.  

18.2 The latest version of the Agreement is always available on our website (https://www.bjornlunden.com). 

18.3 If the change is expected to be of material disadvantage to you, we will inform you that the change is taking place. In such cases, you have the right to terminate the Agreement with immediate effect within fourteen (14) days of our notification.  

18.4 You are deemed to have accepted the change if you continue to use the Service after our notification or if you have not terminated the Agreement with immediate effect by the end of the 14-day period. 

Article 19. Agreement Term, Termination and Automatic Renewal

19.1 Unless otherwise stated in the possible order form or otherwise when you order the Service, what is stated in this article shall apply to termination of the Agreement.  

19.2 The Agreement has the initial agreement period specified when you order the Service. 

19.3 If the Agreement has not been terminated by either party with one (1) month's written notice before the end of the initial agreement period, the Agreement will be automatically extended for successive extension periods of the same validity period as the initial agreement period if the Agreement is not terminated by either party with one (1) month's notice before the end of the current extension period.  

19.4 The Customer shall terminate by sending an e-mail to order.se@bjornlunden.com or in the manner or address that Bjorn Lunden from time to time notifies. 

19.5 Either party has the right to terminate the Agreement with immediate effect if: 

a) the other party is guilty of a material breach of contract and fails to remedy the breach within 90 days of receipt of the other party's written notice of the breach; or  

b) the other party files for or is declared bankrupt, enters into composition negotiations, is subject to corporate restructuring, or is otherwise likely to be insolvent; or 

c) the Customer is in default of its payment obligations and has failed to make full payment of the invoice forty (40) days after the due date. 

From the date the Agreement terminates, you and your Users no longer have any right to use the Service. 

Article 20. Other 

20.1. Transfer 

20.1.1 You are not entitled to assign the Agreement, and/or your rights or obligations hereunder, to any third party unless we have given our prior written consent. 

20.1.2 If Bjorn Lunden has approved in writing that you transfer your rights or obligations under the Agreement, the transfer will only become effective when the new contracting party confirms in writing that it accepts the current terms of the agreement by accepting them in the Service and taking over the obligations that you have towards us at the time of the transfer. 

20.1.3 Bjorn Lunden has the right to freely assign the Agreement, and/or our rights or obligations hereunder, to a third party without notifying you or obtaining your consent. 

20.2. Relationship of the parties 

20.2.1 For the avoidance of doubt, the parties agree that nothing in the Agreement shall be construed to create a partnership, employment or agency relationship between the parties (including, but not limited to, the Commercial Agency Act (1991:351) not being applicable between the parties).  

20.2.2 Neither party has the right to represent, act on behalf of or legally bind the other in any respect without the other's prior written consent. 

20.3. Invalid Provisions 

20.3.1 If a provision of these general terms and conditions or any other agreed in writing is invalid, the remaining provisions of the provisions in full force. In that case, Bjorn Lunden has the right to adopt a substitute provision which would preserve the intention of the original provision as closely as possible. 

20.4. Survival 

20.4.1 Obligations which, by their nature, are intended to continue to be fulfilled even after the Agreement shall continue even after such termination remain valid. 

Article 21. Applicable Law and Dispute Resolution

21.1 This Agreement shall be interpreted and applied in accordance with Swedish law. 

21.2 Disputes arising from this Agreement shall be finally settled by arbitration in accordance with the Arbitration Rules of the SCC Arbitration Institute

21.3 The rules for simplified arbitration shall apply unless the SCC Arbitration Institute, taking into account the severity of the dispute, the value of the subject matter of the dispute and other circumstances, determines that the rules for ordinary arbitration shall apply. In the latter case, the SCC Arbitration Institute shall also determine whether the arbitral tribunal shall consist of one or three arbitrators. 

21.4 The seat of the arbitration shall be Stockholm, Sweden. The language of the proceedings shall be in Swedish or English. 

 

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