Future Disputes Arbitration
Existing Disputes
Any dispute arising out of or in connection with this contract, including any question regarding its validity or termination shall be referred to or finally resolved by arbitration under the ICAMEK Rules”
Note — Parties should consider adding:
(a) The number of arbitrators shall be… (one or three);
(b) The seat or legal place of arbitration shall be… (town and country);
(c) The language to be used in the arbitral proceedings shall be…
A dispute having arisen between the parties concerning (……..), the parties hereby agree that the dispute shall be referred to and finally resolved by arbitration under the ICAMEK International Arbitration Centre rules”.
Note — Parties should consider adding:
(a) The number of arbitrators shall be (one or three);
(b) The seat or legal place of arbitration shall be… (town and country);
(c) The language to be used in the arbitral proceedings shall be…
(d) The governing law of contract shall be the substantive law of (…….)