ESHIP: Navigating Uncertainty

ESHIP: Navigating Uncertainty

Game overview

ESHIP: Navigating Uncertainty is an engaging, award-winning board-game that simulates the challenges of real-world entrepreneurship in the face of uncertainty. Based on cutting-edge research from leading entrepreneurship scholars and practitioners, the game offers a dynamic learning experience for aspiring entrepreneurs.

 

In ESHIP: Navigating Uncertainty, players put their team-based decision-making skills to the test in a safe, game-based environment. Through role-playing, discussion, narration, and strategic decision-making, they face uncertain conditions simulated by characters, traits, unexpected events, team communication challenges, and time pressure.

Who can play

Anyone with basic reading and comprehension skills can enjoy this game. Although designed for entrepreneurship students, it’s perfect for novices, experts, educators, entrepreneurs, or anyone looking to kickstart a project—whether for-profit, non-profit, or social.

Game context

  • Embracing Uncertainty: Uncertainty is at the heart of entrepreneurship, and successful entrepreneurs learn to navigate it with confidence.
  • Simulating Uncertainty: This game simulates the unpredictable challenges of entrepreneurship, which can be difficult to replicate in traditional classroom or meeting settings.
  • Team Dynamics: Form teams and experience the dynamics of collaboration through assisted role-play.
  • Steer, Pivot, Learn: Create a project, make decisions, learn from mistakes, and adapt quickly to reduce uncertainty.

Gameplay

Players embark on a design thinking journey, from opportunity identification to value creation. Teams of 3-5 players collaborate to reduce uncertainty while competing with other teams for success. The game triggers multiple points of the Entrecomp framework.

Winning condition

Unlike many games, success in ESHIP comes from minimizing uncertainty. In a multi-team setting, the team with the lowest uncertainty score wins.

Game features

No Game Currency
This game shifts the focus from “The Richest Wins” to “The Best-Path Wins.” After all, in entrepreneurship, when you make the right decisions, the money follows!

No Game Manual
Get started without the hassle of a lengthy manual! Simply set up the board following the provided illustration and dive right into the action. Game cards provide step-by-step instructions, delivered only when needed.

Facilitation Independent
Minimal facilitation is required, allowing instructors to focus on educational support rather than managing the gameplay.

Instructor Support
Your purchase includes customizable supplementary digital teaching material along with tips and tricks for the instructor. We also offer in-depth facilitator training and certification courses.

Game outcomes

  • Increased Engagement
  • Improved Learning of Concepts in Entrepreneurship
  • Understanding of Team Dynamics and Negotiations
  • Creation of a Fictional Project with Potential for Real-World Application
  • Improved Awareness of Uncertainty in Entrepreneurship

Game information

Game Type: Board game
Players/Teams: 3-5 per Box; Teams: Unlimited
Scalability: Unlimited
Onboarding: Expeditious

99,00 kr.

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ESHIP: Navigating Uncertainty

Gallery

ESHIP_box
ESHIP_opened
Close-up: Character Card
Close-up: game components
ESHIP-workshop1
ESHIP-workshop2
Aarhus University Classroom
Aarhus University Classroom 2
Aarhus University Classroom 3
Aarhus University Classroom 4
ESHIP: Navigating Uncertainty

Game Contributions

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End User License Agreement for the use of ESHIP: Navigating Uncertainty/GRANTED: The Research Grant Game/Pactopolis: Where Smart Negotiations Meet Sustainable Innovation

PERSONAL NON-COMMERCIAL USE

NOTICE: PLEASE READ THIS END USER LICENSE AGREEMENT (“Agreement”) EXPLAINING ADDITIONAL LICENSE TERMS AND LIMITATIONS BEFORE USING THIS PRODUCT. IF YOU DO NOT ACCEPT THESE TERMS, YOU MAY CONTACT BIOSYMFONIX TO RETURN THIS PRODUCT AND OBTAIN A REFUND OF THE ORIGINAL PURCHASE ORDER. FOR THE SAKE OF CLARITY, OPENING THE PRODUCT AND USING SAME IS DEEMED AN AGREEMENT TO THE FOLLOWING ADDITIONAL TERMS.

This Agreement constitutes a legally binding agreement between Customer (“Customer” or “you”) and Biosymfonix (DK33006039) (“Company”) and regulates the use of the Game (“PRODUCT”) and the associated materials. The “Effective Date” of this Agreement is the date of purchase.

  1. Scope of License: Biosymfonix grants you a non-exclusive, and non-transferrable license to use the boardgame, including all content, characters, information, and services contained therein (“PRODUCT”), solely for Personal Academic Use. The Customer agrees to not use the PRODUCT beyond this Personal Academic Use. The Customer agrees its use of the PRODUCT shall be strictly in accordance with this Agreement.

  2. Personal Non-Commercial Use: “Personal Academic Use” is defined herein as non-commercial use of the game, as per definition in Section 7, solely by the customer and excludes any institutional use. In the event that the customer would like to use the product for non-commercial, academic teaching or research, they should contact Biosymfonix to extend the license to an Academic Teaching OR Research Use License.

  3. Term: The license term shall commence on the Effective Date and shall be a lifetime, non-exclusive, and non-transferrable license.

  4. Payment: For Personal non-commercial license granted to the PRODUCT, you agree to pay under the terms of Biosymfonix’s invoice, which is incorporated by reference, including applicable VAT charges and any import fees levied by your country. You agree to pay all reasonable attorney and collection fees arising from efforts to collect any past due amounts from you.

  5. Restrictions On Use: Any use, reproduction or redistribution of the PRODUCT not expressly authorized by this Agreement is expressly prohibited and may result in severe civil and criminal penalties. Customer may not disassemble, reverse engineer, or modify the PRODUCT for any purposes.

  6. Transfer Restrictions: You do not have the right to grant sublicenses to any third party. This PRODUCT is licensed only to you and may not be transferred to anyone without the prior written consent of Biosymfonix.

  7. Request Conversion to Commercial Use License: If the Customer would like to use the PRODUCT commercially, e.g., beyond the limited Research Use provided for in this license, Biosymfonix is open to negotiate the provision of a separate commercial license for an extra cost, with specific terms depending upon the anticipated Commercial Use. “Commercial Use” is defined herein as any activity (including but not limited to workshops, hackathons, events, consulting) using PRODUCT whereby there is monetary transaction involved.

  8. Intellectual Property Ownership: All title, ownership rights, and intellectual property rights in and to the PRODUCT and all copies thereof remain with the Company. Nothing in this Agreement grants or transfers to you any ownership rights in the PRODUCT, including the software and other intellectual property rights related to the PRODUCT. The PRODUCT is protected by the copyright laws of all countries, international copyright treaties and conventions, and other laws. All rights are asserted and reserved. Except as expressly provided in this Agreement, no part of the PRODUCT may be copied, reproduced, modified, created derivative works from, aggregated, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted, distributed, sold, or otherwise exploited for any commercial purpose whatsoever, without the Company’s express prior written permission.

  9. LIMITATION OF LIABILITY: AS PERMITTED BY APPLICABLE LAW, THE PRODUCT IS PROVIDED “AS IS” FOR CUSTOMERS’ USE AND WITHOUT WARRANTY OF ANY KIND. COMPANY EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESS AND IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, TITLE/NON-INFRINGEMENT, AND/OR FITNESS FOR A PARTICULAR PURPOSE.

  10. Rights and Duties Upon Termination: This Agreement will terminate automatically without notice from Biosymfonix if you fail to comply with any provision of this Agreement. Upon termination of this Agreement, you shall return the PRODUCT and all derivative works, embodiments, and records thereof, including without limitation, copies thereof, electronic or otherwise. You must also destroy all the associated material provided. All provisions of this Agreement relating to disclaimers or warranties, limitations of liability, remedies, or damages and the Company’s proprietary rights, choice of law and jurisdiction, and indemnity shall survive termination of this Agreement.

  11. Choice of Law and Venue: This Agreement shall be governed by the law of Denmark. All disputes arising out of or in connection with the present contract shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with the said Rules.

End User License Agreement for the use of ESHIP: Navigating Uncertainty/GRANTED: The Research Grant Game/Pactopolis: Where Smart Negotiations Meet Sustainable Innovation

Academic Research Use

NOTICE: PLEASE READ THIS END USER LICENSE AGREEMENT (“Agreement”) EXPLAINING ADDITIONAL LICENSE TERMS AND LIMITATIONS BEFORE USING THIS PRODUCT. IF YOU DO NOT ACCEPT THESE TERMS, YOU MAY CONTACT BIOSYMFONIX TO RETURN THIS PRODUCT AND OBTAIN A REFUND OF THE ORIGINAL PURCHASE ORDER. FOR THE SAKE OF CLARITY, OPENING THE PRODUCT AND USING SAME IS DEEMED AN AGREEMENT TO THE FOLLOWING ADDITIONAL TERMS.

This Agreement constitutes a legally binding agreement between Customer (“Customer” or “you”) of Institution (“Institution”) and Biosymfonix (DK33006039) (“Company”) and regulates the use of the Game (“PRODUCT”) and the associated materials. The “Effective Date” of this Agreement is the date of purchase.

  1. Scope of License: Biosymfonix grants you a non-exclusive, and non-transferrable license to use the boardgame, including all content, characters, information, and services contained therein (“PRODUCT”), solely for Research Use. The Customer agrees to not use the PRODUCT beyond this Research Use. The Customer agrees its use of the PRODUCT shall be strictly in accordance with this Agreement.

  2. Academic Research Use: “Research Use” is defined herein as non-commercial research at the Institution. To this end, Biosymfonix welcomes contact with regards to the game usage and will be happy to provide the Customer with informational support to an academic research project that uses the PRODUCT. Biosymfonix does not expect any compensation for such informational support. In case Biosymfonix provides collaborative research design and analytical support, a co-authorship on any resulting publications is expected for the people from Biosymfonix directly involved in providing such support and discussions.

  3. Term: The license term shall commence on the Effective Date and shall be for a period of up to three (3) years (“Term”). Thereafter, this Agreement will be considered terminated as per Section 4.

  4. Termination: At the end of the Term, or in the event that the Customer departs the Institution, this license is deemed terminated immediately, and as such, Biosymfonix requests that the PRODUCT be returned to Biosymfonix and all associated materials be discarded at that time. The PRODUCT will be donated to a deserving institute that does not have the funds to support the purchase of the PRODUCT. In this case both the donating and receiving Institutions will be announced on the Company’s website as per the Company’s CSR initiative. Alternatively, the License can optionally be renewed upon request by the Customer or a new representative of the Institution (at cost and terms to be determined at that time). Biosymfonix will then send renewal invoice to Customer, payment of which is due in accordance with Section 5. Biosymfonix will, upon such renewal, upgrade any supplementary educational materials that have been provided with the PRODUCT.

  5. Payment: For Research use license granted to the PRODUCT, you agree to pay under the terms of Biosymfonix’s invoice, which is incorporated by reference, including applicable renewal license fees (“License Fee”). You agree to pay all reasonable attorney and collection fees arising from efforts to collect any past due amounts from you.

  6. Restrictions On Use: Any use, reproduction or redistribution of the PRODUCT not expressly authorized by this Agreement is expressly prohibited and may result in severe civil and criminal penalties. Customer may not disassemble, reverse engineer, or modify the PRODUCT for any purposes.

  7. Transfer Restrictions: You do not have the right to grant sublicenses to any third party. This PRODUCT is licensed only to you and may not be transferred to anyone without the prior written consent of Biosymfonix.

  8. Request Conversion to Commercial Use License: If the Customer would like to use the PRODUCT commercially, e.g., beyond the limited Research Use provided for in this license, Biosymfonix is open to negotiate the provision of a separate commercial license for an extra cost, with specific terms depending upon the anticipated Commercial Use. “Commercial Use” is defined herein as any activity (including but not limited to workshops, hackathons, events, consulting) using PRODUCT whereby there is monetary transaction involved.

  9. Intellectual Property Ownership: All title, ownership rights, and intellectual property rights in and to the PRODUCT and all copies thereof remain with the Company. Nothing in this Agreement grants or transfers to you any ownership rights in the PRODUCT, including the software and other intellectual property rights related to the PRODUCT. The PRODUCT is protected by the copyright laws of all countries, international copyright treaties and conventions, and other laws. All rights are asserted and reserved. Except as expressly provided in this Agreement, no part of the PRODUCT may be copied, reproduced, modified, created derivative works from, aggregated, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted, distributed, sold, or otherwise exploited for any commercial purpose whatsoever, without the Company’s express prior written permission.

  10. LIMITATION OF LIABILITY: AS PERMITTED BY APPLICABLE LAW, THE PRODUCT IS PROVIDED “AS IS” FOR CUSTOMERS’ USE AND WITHOUT WARRANTY OF ANY KIND. COMPANY EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESS AND IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, TITLE/NON-INFRINGEMENT, AND/OR FITNESS FOR A PARTICULAR PURPOSE.

  11. Rights and Duties Upon Termination: This Agreement will terminate automatically without notice from Biosymfonix if you fail to comply with any provision of this Agreement. Upon termination of this Agreement, you shall return the PRODUCT and all derivative works, embodiments, and records thereof, including without limitation, copies thereof, electronic or otherwise. You must also destroy all the associated material provided. All provisions of this Agreement relating to disclaimers or warranties, limitations of liability, remedies, or damages and the Company’s proprietary rights, choice of law and jurisdiction, and indemnity shall survive termination of this Agreement.

  12. Choice of Law and Venue: This Agreement shall be governed by the law of Denmark. All disputes arising out of or in connection with the present contract shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with the said Rules.

End User License Agreement for the use of ESHIP: Navigating Uncertainty/GRANTED: The Research Grant Game/Pactopolis: Where Smart Negotiations Meet Sustainable Innovation ACADEMIC TEACHING USE

NOTICE: PLEASE READ THIS END USER LICENSE AGREEMENT (“Agreement”) EXPLAINING ADDITIONAL LICENSE TERMS AND LIMITATIONS BEFORE USING THIS PRODUCT. IF YOU DO NOT ACCEPT THESE TERMS, YOU MAY CONTACT BIOSYMFONIX TO RETURN THIS PRODUCT AND OBTAIN A REFUND OF THE ORIGINAL PURCHASE ORDER. FOR THE SAKE OF CLARITY, OPENING THE PRODUCT AND USING SAME IS DEEMED AN AGREEMENT TO THE FOLLOWING ADDITIONAL TERMS.

This Agreement constitutes a legally binding agreement between Customer (“Customer” or “you”) of Institution (“Institution”) and Biosymfonix (DK33006039) (“Company”) and regulates the use of the Game (“PRODUCT”) and the associated materials. The “Effective Date” of this Agreement is the date of purchase.

  1. Scope of License: Biosymfonix grants you a non-exclusive, and non-transferrable license to use the boardgame, including all content, characters, information, and services contained therein (“PRODUCT”), solely for Academic Teaching Use. The Customer agrees to not use the PRODUCT beyond this Academic Teaching Use. The Customer agrees its use of the PRODUCT shall be strictly in accordance with this Agreement.

  2. Academic Teaching Use: “Academic Teaching Use” is defined herein as non-commercial instruction and learning at the Institution. In the event that the customer would like to use the product for non-commercial, academic research, they should contact Biosymfonix to extend the license to the Academic Research Use License.

  3. Term: The license term shall commence on the Effective Date and shall be a lifetime, non-exclusive, and non-transferrable license.

  4. Termination: In the event that the Customer departs the Institution, this license is deemed terminated immediately, and as such, Biosymfonix requests that the PRODUCT be returned to Biosymfonix and all associated materials be discarded at that time. The PRODUCT will be donated to a deserving institute that does not have the funds to support the purchase of the PRODUCT. In this case both the donating and receiving Institutions will be announced on the Company’s website as per the Company’s CSR initiative. Alternatively, the License can optionally be renewed upon request by the Customer or a new representative of the Institution (at a small cost and analogous terms to be determined at that time). Biosymfonix will, upon such renewal, upgrade any supplementary educational materials that have been provided with the Product.

  5. Payment: For Academic Teaching use license granted to the PRODUCT, you agree to pay under the terms of Biosymfonix’s invoice, which is incorporated by reference, including applicable renewal license fees (“License Fee”). You agree to pay all reasonable attorney and collection fees arising from efforts to collect any past due amounts from you.

  6. Restrictions On Use: Any use, reproduction or redistribution of the PRODUCT not expressly authorized by this Agreement is expressly prohibited and may result in severe civil and criminal penalties. Customer may not disassemble, reverse engineer, or modify the PRODUCT for any purposes.

  7. Transfer Restrictions: You do not have the right to grant sublicenses to any third party. This PRODUCT is licensed only to you and may not be transferred to anyone without the prior written consent of Biosymfonix.

  8. Request Conversion to Commercial Use License: If the Customer would like to use the PRODUCT commercially, e.g., beyond the limited Research Use provided for in this license, Biosymfonix is open to negotiate the provision of a separate commercial license for an extra cost, with specific terms depending upon the anticipated Commercial Use. “Commercial Use” is defined herein as any activity (including but not limited to workshops, hackathons, events, consulting) using PRODUCT whereby there is monetary transaction involved.

  9. Intellectual Property Ownership: All title, ownership rights, and intellectual property rights in and to the PRODUCT and all copies thereof remain with the Company. Nothing in this Agreement grants or transfers to you any ownership rights in the PRODUCT, including the software and other intellectual property rights related to the PRODUCT. The PRODUCT is protected by the copyright laws of all countries, international copyright treaties and conventions, and other laws. All rights are asserted and reserved. Except as expressly provided in this Agreement, no part of the PRODUCT may be copied, reproduced, modified, created derivative works from, aggregated, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted, distributed, sold, or otherwise exploited for any commercial purpose whatsoever, without the Company’s express prior written permission.

  10. LIMITATION OF LIABILITY: AS PERMITTED BY APPLICABLE LAW, THE PRODUCT IS PROVIDED “AS IS” FOR CUSTOMERS’ USE AND WITHOUT WARRANTY OF ANY KIND. COMPANY EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESS AND IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, TITLE/NON-INFRINGEMENT, AND/OR FITNESS FOR A PARTICULAR PURPOSE.

  11. Rights and Duties Upon Termination: This Agreement will terminate automatically without notice from Biosymfonix if you fail to comply with any provision of this Agreement. Upon termination of this Agreement, you shall return the PRODUCT and all derivative works, embodiments, and records thereof, including without limitation, copies thereof, electronic or otherwise. You must also destroy all the associated material provided. All provisions of this Agreement relating to disclaimers or warranties, limitations of liability, remedies, or damages and the Company’s proprietary rights, choice of law and jurisdiction, and indemnity shall survive termination of this Agreement.

  12. Choice of Law and Venue: This Agreement shall be governed by the law of Denmark. All disputes arising out of or in connection with the present contract shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with the said Rules.

End User License Agreement for the use of ESHIP: Navigating Uncertainty/GRANTED: The Research Grant Game/Pactopolis: Where Smart Negotiations Meet Sustainable Innovation

Commercial Use

NOTICE: PLEASE READ THIS END USER LICENSE AGREEMENT (“Agreement”) EXPLAINING ADDITIONAL LICENSE TERMS AND LIMITATIONS BEFORE USING THIS PRODUCT. IF YOU DO NOT ACCEPT THESE TERMS, YOU MAY CONTACT BIOSYMFONIX TO RETURN THIS PRODUCT AND OBTAIN A REFUND OF THE ORIGINAL PURCHASE ORDER. FOR THE SAKE OF CLARITY, OPENING THE PRODUCT AND USING SAME IS DEEMED AN AGREEMENT TO THE FOLLOWING ADDITIONAL TERMS.

This Agreement constitutes a legally binding agreement between Customer (“Customer” or “you”) of Institution (“Institution”) and Biosymfonix (DK33006039) (“Company”) and regulates the use of the Game (“PRODUCT”) and the associated materials. The “Effective Date” of this Agreement is the date of purchase.

  1. Scope of License: Biosymfonix grants you a commercial, non-exclusive, and non-transferrable license to use the above-mentioned boardgame, including all content, characters, information, and services contained therein (“PRODUCT”). The Customer agrees its use of the PRODUCT shall be strictly in accordance with this Agreement.

  2. Commercial Use: “Commercial Use” is defined herein as any activity (including but not limited to workshops, hackathons, events, consulting) using PRODUCT whereby there is monetary transaction involved, and/or any activity using the PRODUCT that involves participants or users who are not members of your academic institution, including any consortiums, workshops, or the like involving additional companies or institutions.

  3. Term: The license term shall commence on the Effective Date and shall be for a period of up to three (3) years (“Term”). Thereafter, this Agreement will automatically renew. Biosymfonix will send renewal invoice to Customer proximate to the end of a three-year term, payment of which is due in accordance with Section 5.

  4. Termination: This Agreement will terminate automatically without notice from Biosymfonix if you fail to comply with any provision of this Agreement or when the Term noted in Section 3 expires absent renewal. Upon termination of this Agreement, you shall destroy all copies of same. All provisions of this Agreement relating to disclaimers or warranties, limitations of liability, remedies, or damages and Company’s proprietary rights, choice of law, and jurisdiction shall survive termination.

  5. Payment: For the commercial license granted to the PRODUCT, you agree to pay under the terms of Biosymfonix’s invoice which is incorporated by reference, including applicable renewal license fees (“License Fee”). You agree to pay all reasonable attorney and collection fees arising from efforts to collect any past due amounts from you.

  6. Restrictions On Use: Any use, reproduction or redistribution of the PRODUCT not expressly authorized by this Agreement is expressly prohibited and may result in severe civil and criminal penalties. Customer may not disassemble, reverse engineer, or modify the PRODUCT for any purposes.

  7. Transfer Restrictions: You do not have the right to grant sublicenses to any third party. This PRODUCT is licensed only to you and may not be transferred to anyone without the prior written consent of Biosymfonix.

  8. Request Conversion to Academic Use License: At the end of the Term, Customer may request conversion to an ‘academic’ license, which would if agreed between the parties would convert to Biosymfonix’s then-extending terms for academic, non-commercial license.

  9. Intellectual Property Ownership: All title, ownership rights, and intellectual property rights in and to the PRODUCT and all copies thereof remain with the Company. Nothing in this Agreement grants or transfers to you any ownership rights in the PRODUCT, including the software and other intellectual property rights related to the PRODUCT. The PRODUCT is protected by the copyright laws of all countries, international copyright treaties and conventions, and other laws. All rights are asserted and reserved. Except as expressly provided in this Agreement, no part of the PRODUCT may be copied, reproduced, modified, created derivative works from, aggregated, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted, distributed, sold, or otherwise exploited for any commercial purpose whatsoever, without the Company’s express prior written permission.

  10. LIMITATION OF LIABILITY: AS PERMITTED BY APPLICABLE LAW, THE PRODUCT IS PROVIDED “AS IS” FOR CUSTOMERS’ USE AND WITHOUT WARRANTY OF ANY KIND. COMPANY EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESS AND IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, TITLE/NON-INFRINGEMENT, AND/OR FITNESS FOR A PARTICULAR PURPOSE.

  11. Rights and Duties Upon Termination: This Agreement will terminate automatically without notice from Biosymfonix if you fail to comply with any provision of this Agreement. Upon termination of this Agreement, you shall return the PRODUCT and all derivative works, embodiments, and records thereof, including without limitation, copies thereof, electronic or otherwise. You must also destroy all the associated material provided. All provisions of this Agreement relating to disclaimers or warranties, limitations of liability, remedies, or damages and the Company’s proprietary rights, choice of law and jurisdiction, and indemnity shall survive termination of this Agreement.

  12. Choice of Law and Venue: This Agreement shall be governed by the law of Denmark. All disputes arising out of or in connection with the present contract shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with the said Rules.