Any dispute, controversy or claim arising out of, or in relation to, this contract, including the validity, invalidity, breach, or termination thereof, shall be resolved through Arbitration by a sole arbitrator, nominated by both parties from the list offered by CADR International. (Link to the arbitrators list)
In the event the parties fail to jointly designate a sole Arbitrator, the Arbitrator shall be nominated, in accordance with the applicable rules.
The arbitration shall be conducted in accordance with the CADR International Rules (or with accordance with any applicable rules the parties have agreed upon.) as in force on the date on which the Notice of Arbitration is submitted.
The seat of the arbitration shall be (name of city and country);
The arbitral proceedings shall be conducted in …(insert desired language).