terms of service question

[sross]

I am using a generic terms of service. I notice part of it states the following:

If there is any dispute about or
involving the Website Services, you agree that the dispute shall be
governed by the laws of the State of California, USA, without regard to
conflict of law provisions and you agree to exclusive personal
jurisdiction and venue in the state and federal courts of the United
States located in the State of California, City of Los Angeles. Either
Website or you may demand that any dispute between Website and you
about or involving the Website Services must be settled by arbitration
utilizing the dispute resolution procedures of the American Arbitration
Association (AAA) in Los Angeles, California, USA, provided that the
foregoing shall not prevent Website from seeking injunctive relief in a
court of competent jurisdiction.

Now is the above based on where my actual server is? Which happens to be California so I just leave this? Or is this based on where the site owner lives? I live in New Zealand, so should I be substituting USA for New Zealand? If anyone knows thanks!!