Model Arbitration Clause
Parties wishing to refer disputes to arbitration administered by the Goverion Arbitration and Mediation Court are encouraged to include the following clause in their contracts:
Recommended Clause
The seat of arbitration shall be [City, Country].
The language of the arbitration shall be [Language].
The number of arbitrators shall be [one / three].
This clause allows parties to ensure that any disputes arising under the agreement are resolved through a neutral and structured arbitration process administered by the Court.
Model Mediation Clause
Parties seeking to resolve disputes through mediation may incorporate the following clause in their agreements:
Recommended Clause
If the dispute has not been resolved through mediation within [30 / 45 / 60] days from the date of commencement of the mediation, the dispute may thereafter be referred to arbitration or other dispute resolution procedures as agreed between the parties.
This clause encourages parties to pursue an amicable resolution before initiating more formal dispute resolution proceedings.
Settlement Agreement Template
The Settlement Agreement Template provides a structured framework for documenting the terms of a mediated settlement between parties.
Download Template