12.2 All disputes between the parties as to the validity, execution, performance, interpretation or termination of this Agreement shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by a tribunal of three (3) arbitrators in accordance with the said Rules in Geneva, Switzerland. The arbitration tribunal shall consist of three (3) arbitrators. One arbitrator shall be nominated by the BUYER, and one arbitrator shall be nominated by the SELLER and one shall be jointly chosen by the two (2) arbitrators so nominated. The arbitration proceedings and award shall be conducted and written in English.