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03/22/05 10:59 AM

#99170 RE: laranger #99169

Draft of Proposed Award. Prior to rendering the final award, the Arbitral Tribunalshall submit to the parties an unsigned draft of the proposed award and each party,within 10 business days after receipt of such draft award, may serve on every otherparty and file with the Tribunal a written statement commenting upon any allegederrors of fact, law, computation, or otherwise. The Tribunal shall endeavor to renderits final award within 10 business days after the receipt of the later of the writtenstatements of the parties,.25.EnforcementThe parties acknowledge that this Agreement and any arbitral award rendered under itshall be governed by [the 1958 United Nations Convention on the Recognition andEnforcementof Foreign Arbitral Awards] [the Inter-AmericanConvention onInternational Commercial Arbitration].-7-