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Arbitration Clause.

All disputes arising under this agreement shall be governed by and interpreted in accordance with the laws of Texas, without regard to principles of conflict of laws. The parties to this agreement will submit all disputes arising under this agreement to arbitration in Conroe, TX before a single arbitrator of the American Arbitration Association (“AAA”). The arbitrator shall be selected by application of the rules of the AAA, or by mutual agreement of the parties, except that such arbitrator shall be an attorney admitted to practice law Texas. No party to this agreement will challenge the jurisdiction or venue provisions as provided in this section. No party to this agreement will challenge the jurisdiction or venue provisions as provided in this section. Nothing contained herein shall prevent the party from obtaining an injunction.