Page 159 - The Persian Gulf Historical Summaries (1907-1953) Vol III
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                   And the Company shall be bound to keep full and correct records of all measurings
                   and the aforesaid representative of the Ruler shall have the right at all reasonable
                   times to have access to these records which must be intelligible.

                                                  Article 11
                       (a)  At any time after three years from the date of signature of this Agreement
                   the Company may give notice in writing to the Ruler of its intention to cancel this
                   Agreement after six months, and at the conclusion of such period the Agreement
                   shall be null and void.
                       (b)  If such notice be given within a period not exceeding thirty years from
                   the date of signature of this Agreement, the Company shall have the right without
                   payment of any charges or imposts whatsoever to remove all its materials and
                   buildings and stores and possessions of every kind.
                       (c)  If such notice be given after the passage of thirty years from the date of
                   signature of this Agreement, then all the property above-mentioned shall become
                   the property of the Ruler free of charge.
                       (d)  At the conclusion of the seventy-five-year period of this Agreement all
                   movable and immovable property of the Company within the area shall be handed
                   over to the Ruler without charge.
                                                  Article 12
                       (a)  The Ruler shall have right at any time to grant to a third party a Concession
                   for any substances other than those specified in Article 3, on condition that this shall
                   have no adverse efTcct on the operations and rights of the Company.
                       (b)  Minerals which may exist in the ground such as gold, silver, copper, lead,
                   potash, sulphur and similar substances which the Company may discover shall be
                   reported to the Ruler and no working of these shall take place otherwise than
                   under concession or permit from the Ruler. And if the Company shall find any
                   place in which the existence of water is probable, this shall be reported to the
                   Ruler.
                                                 Article 13
                       Failure by the Company to comply with any of the conditions of this Agree­
                   ment shall give the Ruler no right to make any claim against the Company nor
                  shall be considered as a breach of the Agreement in so far as such failure may arise
                  from Force Majeure. By Force Majeure is intended act of God, war, riot, civil
                  commotion, tide, storm, tidal wave, flood, lightning, explosion, fire, earthquake and
                  any other occurrence which the Company could not reasonably prevent or control.

                                                 Article 14
                      (a)  The Ruler shall not by any special or general legislation or by any
                  administrative measures or by any other means cancel this Agreement otherwise
                  than as provided in para, {b) of this Article. No alteration in the conditions of this
                  Agreement shall be made either by the Ruler or by the Company except after
                  agreement between the two parties that such alteration is in the interests of both.
                      (b)  The Ruler shall have the right to cancel this Agreement and take without
                  charge all the property of the Company within the territory if (I) the Company
                  fails to make any one of the payments prescribed in this Agreement within six
                  months of the date upon which it is due, or (2) it fails to comply with an Arbitration
                  award as provided in Article 15 of this Agreement.

                                                 Article 15
                      (a) If at any time during the currency of this Agreement there should be any
                  difference or dispute between the two parties as to the interpretation or execution
                  of any provision thereof, or anything herein contained or in connection herewith,
                  such dispute shall be referred to two arbitrators, one selected by each of the two
                  parties, and a referee to be chosen by the arbitrators before proceeding to
                  ar^ltT(b) *Each party shall nominate its arbitrator within sixty days after the delivery
                  of a request so to do by the other party, failing which its arbitrator may, at the
                  request of the other party, be designated by the British Political Resident in the
                  Persian Gulf. In the event of the arbitrators failing to agree upon the referee within
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