We dispatched for your account and at your risk. Payment is to be made direct to us or against our instructions only. Both parties elect domicile at Faenza as place of performance. For all domestic disputes, decisions rest with the court in Ravenna; for foreign disputes, with the courts in the capital of the state in which the purchaser's registered offices are situated, unless the laws of the said state are incompatible with the present conditions. In all cases the rules of Italian law shall be applied.