Arbitration Agreement

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Arbitration Agreement
 
“Taking into consideration that a dispute has arisen between the herein signatory parties, relating to………………………………., the parties:


Α. ………………………………………                            Β. ………………………………………

agree and accept that all the disputes arising from or related to the present dispute 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 Rules of Arbitration of AMC are an indivisible part to the current agreement. The Arbitral Tribunal will be composed by …………………………... (one or three Arbitrators) and the substantial applicable law to the above case is the ……………………. and the language of the arbitration procedure is ……………………………….... The place of the arbitration shall be in …………….…. and the language shall be ………..… ”.