The parties involved herewith will reasonably attempt to find resolution in the event of any dispute out of or in relation to this Agreement through friendly negotiations amongst parties. If any claims and disputes arise under this Agreement, it will be settled by binding arbitration in the State of Oklahoma or in a mutually agreed upon location. The arbitration aforementioned will be conducted in a respected and confidential basis. Any monies or awards based on the decision as a result of an arbitration process shall be placed in writing and shall provide a reasonable explanation for all the facts and conclusion of laws. Any arbitration conducted in relation to or under this agreement shall be done by an arbitrator experienced and versed in Trade law and a written record shall be retained of the arbitration hearing. The parties involved herewith shall have the right to dispute and object to any entities or parties that are affiliated with any competing organization. An arbitration award may be confirmed and qualified in any court of competent jurisdiction.