Recommended Arbitration Clauses
Parties wishing to resolve their disputes through Arbitration, must ensure to have the relevant arbitration clause in their contract. Proposed arbitration clause that can be considered to be included in contracts are as follows:
Parties wishing to resolve their disputes through Arbitration, must ensure to have the relevant arbitration clause in their contract. Proposed arbitration clause that can be considered to be included in contracts are as follows:
- The law of the arbitration shall be ……(Specify which law).
- The number of arbitrators shall be …..(one or three – specify).
- The arbitration proceedings shall be conducted in …..(specify language).”
Parties wishing to resolve their disputes through Arbitration, must ensure to have the relevant arbitration clause in their contract. Proposed arbitration clause that can be considered to be included in contracts are as follows:
Include a brief description of the contract under which disputes, controversies, differences or claims have occurred).
- The law of the arbitration shall be ……(Specify which law).
- The number of arbitrators shall be …..(one or three – specify).
- The arbitration proceedings shall be conducted in …..(specify language).
- Claimant:_________________________________________(Name & Signature)
- Respondent:______________________________________(Name & Signature)
- Date:______________________________________________”
Parties to a contract who wish to have any future disputes referred to arbitration administered by the Themis International Private Court (TIPC) under the UNCITRAL Rules (Insert link to the Rules), may consider to include the following arbitration clause:
“Any dispute, controversy, difference or claim arising out of or relating to this contract, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it shall be referred to and resolved by arbitration administered by the Themis International Private Court (TIPC) under the UNCITRAL Arbitration Rules in force at the time the Notice of Arbitration is submitted, as modified by the TIPC Procedures for the Administration of Arbitration under the UNCITRAL Arbitration Rules.
- The law of the arbitration shall be ……(Specify which law).
- The number of arbitrators shall be …..(one or three – specify).
- The arbitration proceedings shall be conducted in …..(specify language).”
Parties to a contract who wish to have any future disputes referred to arbitration under the UNCITRAL Rules may include an arbitration clause in their contract, in the following form:
“Any dispute, controversy, difference or claim arising out of or relating to this contract, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it, shall be referred to and resolved by arbitration under the UNICITRAL Arbitration Rules in force when the Notice of Arbitration is submitted.
- The law of the arbitration shall be ……(Specify which law).
- The Appointing Authority shall be ……(Themis International Private Court (TIPC))
- The number of arbitrators shall be …..(one or three – specify).
- The arbitration proceedings shall be conducted in …..(specify language).”
Recommended clauses and procedures for Mediation and other forms of Alternative Dispute Resolution (ADR), to be administered by TIPC or in where TIPC will act as Appointing Authority, are available on request from the TIPC Secretariat.