Model Clause on Arbitration
Any dispute, controversy, or claim arising out of or in connection with this contract, including any question regarding its existence, validity, interpretation, performance, or termination, shall be resolved exclusively by arbitration under the administration of the Asian Centre for International Arbitration and Mediation (ACIAM). The arbitration shall be conducted in accordance with the ACIAM Arbitration Rules in force at the time of the dispute, which are deemed incorporated by reference into this clause.
- The arbitral tribunal shall consist of [one/three] arbitrator(s), appointed as per the ACIAM Arbitration Rules.
- The seat and legal place of arbitration shall be [City, Country].
- The language of the arbitration shall be [language].
- The law governing this arbitration agreement shall be the laws of [State/Country].
- The governing law of the contract shall be the substantive law of [State/Country].
