Model Arbitration Clauses
CRCICA Model Arbitration Clause for Future Disputes
For contracting parties who wish to have future disputes referred to arbitration under the CRCICA Arbitration Rules, the following clause is recommended:
Any dispute, controversy or claim arising out of or relating to this contract, including but not limited to its interpretation, execution, the termination or invalidity thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the Cairo Regional Centre for International Commercial Arbitration.
Note: Parties should consider adding:
a.The number of arbitrators shall be …(1);
b.The place of arbitration shall be … (city and country); and
c.The language to be used in the arbitral proceedings shall be…
Note: Parties may consider adding:
–The time limit within which the arbitral tribunal shall make its final award shall be… ;
–The governing law of the arbitration agreement; and
–The governing law of the contract [is/shall be] the substantive law of (country or state).
CRCICA Model Arbitration Agreement for Existing Disputes
If a dispute has arisen, but there is no agreement between the parties to arbitrate, they may find an agreement to resolve their dispute by arbitration as follows:
“The undersigned parties hereby agree to submit their dispute arising out of [name/date of the Contract, if any] and relating to [the description of the disputed issues], to final determination by arbitration in accordance with the Arbitration Rules of the Cairo Regional Centre for International Commercial Arbitration.
Note: Parties should consider adding:
a.The number of arbitrators shall be … (2);
b.The place of arbitration shall be [city and country]; and
c.The language to be used in the arbitral proceedings shall be …
Note: Parties may consider adding:
–The time limit within which the arbitral tribunal shall make its final award shall be… ;
–The governing law of the arbitration agreement; and
–The governing law of the contract [is/shall be] the substantive law of … ”
CRCICA Model Arbitration Clause under CRCICA Expedited Arbitration Rules
Any dispute, controversy or claim arising out of or relating to this contract, including but not limited to interpretation, execution, termination or invalidity thereof, shall be settled by arbitration in accordance with the CRCICA Expedited Arbitration Rules.
Note: Parties should consider adding:
a.The place of arbitration shall be [city and country]; and
b.The language to be used in the arbitral proceedings shall be …
Note: Parties may consider adding:
–The governing law of the arbitration agreement; and
–The governing law of the contract [is/shall be] the substantive law of …”
Modifications to Recommended Clauses
CRCICA will be pleased to discuss any modifications to its model clause.
CRCICA also has a Multi-tiered Process model clause