The Awards are governed by the laws of the State of New York, United States, excluding its body of law regarding conflict of law. All federal, state and local laws and regulations apply. By participating in the Awards, you agree to be bound by these Terms and by IxDA’s decisions, which are final and binding on all matters pertaining to the Awards. To the extent permitted by law, the rights to litigate, to seek injunctive relief, or to any other recourse to judicial or any other procedure in case of disputes or claims resulting from or in connection with the Awards are hereby excluded, and you expressly waive any and all such rights. You and IxDA hereby agree that the forum and venue for any dispute regarding the Awards shall be New York City, New York, and the parties hereto waive any venue objections. If the controversy or claim is not otherwise resolved through direct discussions or mediation, it shall then be resolved by final and binding arbitration administered by Judicial Arbitration and Mediation Services, Inc. (“JAMS”) in accordance with its streamlined arbitration rules and procedures. The JAMS rule for arbitrator selection shall be followed, except that the arbitrator shall be experienced and licensed to practice law in New York. The parties agree to share equally in the arbitration costs incurred. If any provision of these Terms shall be held by a court of competent jurisdiction to be contrary to law, that provision will be enforced to the maximum extent permissible, and the remaining provisions of these Terms will remain in full force and effect.
THE REMEDY FOR ANY CLAIM SHALL BE LIMITED TO ACTUAL DAMAGES, AND IN NO EVENT SHALL ANY PARTY BE ENTITLED TO RECOVER PUNITIVE, EXEMPLARY, CONSEQUENTIAL, OR INCIDENTAL DAMAGES, INCLUDING ATTORNEY’S FEES OR SUCH RELATED COSTS OF BRINGING A CLAIM, OR TO RESCIND THIS AGREEMENT OR SEEK INJUNCTIVE OR ANY OTHER EQUITABLE RELIEF.