This agreement constitutes the full understanding of the parties as to the extent of their rights and obligations under this agreement. No oral or written statements made prior execution of this document shall modify the terms of this agreement. This agreement may not be amended unless such amendment is in writing, signed by the parties, and specifically indicates that it amends this agreement. This agreement shall be construed in accordance with the law of the State of South Carolina. The parties agree that all disputes arising under this agreement shall be submitted and finally settled by arbitration as provided for in the South Carolina Arbitration Act.