Model Arbitration Clause
Any dispute, controversy or claim arising out of or relating to this contract, or the breach, termination or invalidity thereof, shall be settled by arbitration under the auspices of the Arbitration Center at the American Chamber of Commerce in Kosovo in accordance with the Arbitration Rules of the Arbitration Center at American Chamber of Commerce.
Note. Parties should consider adding:
- The appointing authority shall be … [name of institution or person]
- The number of arbitrators shall be … [one or three];
- The place of arbitration shall be … [town and country];
- The language to be used in the arbitral proceedings shall be … .
- The applicable substantive law is……………