Ad hoc arbitration under the ARIAS Asia Arbitration Rules / ARIAS Fast Track Arbitration Rules
Any dispute, controversy, difference or claim arising out of or relating to this contract, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it shall be referred to and finally resolved by arbitration under the [ARIAS Asia Arbitration Rules / ARIAS Fast Track Arbitration Rules] in force when the Notice of Arbitration is submitted.
The seat of arbitration shall be (insert seat).
The number of arbitrators shall be (one or three). The arbitration proceedings shall be conducted in (insert language).
Ad hoc arbitration under the UNCITRAL Arbitration Rules
Any dispute, controversy, difference or claim arising out of or relating to this contract, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it shall be referred to and finally resolved by arbitration under the UNCITRAL Arbitration Rules in force when the Notice of Arbitration is submitted.
The place of arbitration shall be (insert seat).
The appointing authority shall be the Asia Chapter of the AIDA Reinsurance and Insurance Arbitration Society (“ARIAS Asia”).
The number of arbitrators shall be (one or three). The arbitration proceedings shall be conducted in (insert language).