Mediation Clause of the German-Hellenic Chamber of Industry and Commerce (in a contract)

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Mediation Clause of the German-Hellenic Chamber of Industry and Commerce (in a contract)

SAMPLE MEDIATION CLAUSE of the German-Hellenic Chamber of Industry and Commerce

“Any dispute arising out of or in connection with the present agreement, including but not limited to any question as to the validity, interpretation or/and execution of this agreement, shall be resolved by the parties, before having recourse to the competent court or arbitration, through mediation, in accordance with the Mediation Rules of the Arbitration and Mediation centre of the German Hellenic Chamber of Industry and Commerce as it is valid at that point of time.

The language of the mediation proceedings shall be ..................»

The above mediation clause has an indicative character. The parties may optionally choose to stipulate a relevant clause with reference to the GHCAMO mediation.