VRSN » Topics » 10.9 Governing Law; Venue.

This excerpt taken from the VRSN 8-K filed Nov 23, 2005.

10.9 Governing Law; Venue.

 

(a) This Agreement shall be construed in accordance with, and governed in all respects by, the internal laws of the State of California (without giving effect to principles of conflicts of laws).

 

(b) Except as otherwise provided in this Agreement, any Proceeding relating to this Agreement or the enforcement of any provision of this Agreement shall be brought or otherwise commenced in any state or federal court located in the County of Santa Clara, California. Each party to this Agreement:

 

(i) expressly and irrevocably consents and submits to the jurisdiction of each state and federal court located in the County of Santa Clara, California (and each appellate court located in the State of California) in connection with any such Proceeding;

 

(ii) agrees that each state and federal court located in the County of Santa Clara, California shall be deemed to be a convenient forum; and

 

(iii) agrees not to assert (by way of motion, as a defense or otherwise), in any such Proceeding commenced in any state or federal court located in the County of Santa Clara, California, any claim that such party is not subject personally to the jurisdiction of such court, that such Proceeding has been brought in an inconvenient forum, that the venue of such proceeding is improper or that this Agreement or the subject matter of this Agreement may not be enforced in or by such court.

 

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(c) Notwithstanding anything to the contrary contained in this Agreement, any claim for indemnification, compensation or reimbursement pursuant to Section 8 and any claim for a monetary remedy (such as in the case of a claim based on fraud or willful misconduct) relating to this Agreement or the Transactions after the Closing shall be brought and resolved exclusively in accordance with Schedule 10.9(c); provided, however, that nothing in this Section 10.9(c) shall prevent Seller or Purchaser from seeking preliminary injunctive relief from a court of competent jurisdiction.

 

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