Model Clauses

MODEL ARBITRATION CLAUSE

In the event of any dispute between the Parties in connection with or arising out of this Agreement, the Parties shall refer the dispute for arbitration by an arbitrator to be agreed between the Parties or failing agreement, to a person to be appointed as arbitrator by the President or Vice President for the time being of the Singapore Institute of Arbitrators upon an application therefor made by either party. The arbitration shall be conducted in accordance with the Rules of Arbitration of the Singapore Institute of Arbitrators for the time being in force.