existence, validity or termination, the parties shall first seek
Country].The language to be used in the arbitral proceedings shall be [
Words/spaces in square brackets should be
deleted/completed as appropriate.Any dispute arising out of or in connection with this contract,
referred to arbitration under the LCIA Rules, the following clause
The governing law of the contract shall be the substantive law of [ ]. arbitration under the LCIA Rules, which Rules are deemed to be
Any dispute which cannot be settled amicably shall be finally settled under the rules of Conciliation and Arbitration of the International Chamber of Commerce by three arbitrators, designated in accordance with the said rules.The award shall be finally binding on the Parties. All disputes arising out of or in connection with the present contract shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with the said Rules. settlement of that dispute by mediation in accordance with the LCIA
the number of arbitrators shall be [one/three];
For contracting parties who wish to have future disputes
of [ ].If a dispute has arisen, but there is no agreement between the
by reference into this clause. Existing disputes If a dispute has arisen, but there is no agreement between the parties to arbitrate, or if the parties wish to vary a dispute resolution clause to provide for LCIA arbitration, the following clause is recommended. parties to arbitrate, or if the parties wish to vary a dispute
"In the event of a dispute arising out of or
""In the event of a dispute arising out of or
including any question regarding its existence, validity or
].The governing law of the contract shall be the substantive law
reference into this clause.The language to be used in the mediation and
Arbitration Clause. by reference into this clause.If the dispute is not settled by mediation
and within [............] days of the appointment of the mediator, or
such further period as the parties shall agree in writing, the
Mediation Procedure, which Procedure is deemed to be incorporated
relating to this contract, including any question regarding its
the substantive law of [............].In any arbitration commenced pursuant to this
relating to this contract, including any question regarding its
Arbitration clauses: It is recommended that parties wishing to make reference to ICC arbitration in their contracts use the standard clause below. existence, validity or termination, the parties shall seek
parties hereby agree that the dispute shall be referred to and
resolution clause to provide for LCIA arbitration, the following
incorporated by reference into this clause.The seat, or legal place, of arbitration shall be [City and / or
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