Example - AMC Arbitration Clause

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Example - AMC Arbitration Clause



The following arbitration clause serves as an example. The parties are allowed to express the arbitration clause, according to their own choice, in order to refer to the arbitration of AMC.


Example - AMC Arbitration Clause

“The contracting parties agree and accept that all the disputes arising from or related to the present contract will be finally settled by the Arbitral Tribunal, which is appointed according to the Arbitration Rules of the Arbitration and Mediation Center of the German-Hellenic Chamber of Industry and Commerce (GHCIC). The arbitration is held under the said Rules. The provisions of the Arbitration Rules of AMC are an indivisible part to the current agreement.”*

* The parties are allowed to determine in the contract the number of the Arbitrator(s) and the language of the Arbitration, by adding next to the above-mentioned clause the following: “The Arbitral Tribunal will be composed by …………………………... (one or three Arbitrators). This Agreement is governed by the …….…….. Law. The place of the arbitration shall be in …………….…. and the language shall be the ………..… language”.