This clause specifies which jurisdiction's laws will be used by the parties to resolve disputes arising under the agreement. When conducting business with parties from out of province or out of country, it is important to ensure the jurisdiction is your home jurisdiction. This can reduce costs and ensure that your lawyer is qualified to give you advice about the SAFE. An example of this clause includes: All rights and obligations hereunder will be governed by the laws of the Province of [Jurisdiction] and the federal laws of Canada applicable therein, without regard to conflicts of law provisions of such jurisdictions.