Model Clause

Model Dispute Resolution Clause

Any dispute, controversy or claim arising out of or relating to this contract including any question regarding its existence, interpretation, validity, breach or termination shall be referred to and finally resolved by arbitration under the International Arbitration Rules of ADR Chambers International. Any arbitration commenced pursuant to this clause shall be administered by the ADR Chambers International and its standard administrative procedures and schedule of costs will apply.

The Parties may wish to consider adding one or all of the following:

1. There shall be ________ arbitrators (1 or 3). [If 3, consider whether each party may nominate an arbitrator]

2. The place of the arbitration shall be (city and/or country)

____________________________________________.

3. The language(s) of the arbitration shall be

____________________________________________.

4. The governing law of the contract shall be

____________________________________________.