Model Arbitration Clause

Parties wishing to refer to arbitration under the Istanbul Arbitration Centre Arbitration Rules, may adopt the following model arbitration clause by making the necessary modifications according to their particular circumstances, and use this as an arbitration agreement:

Any disputes arising out of, or in connection with the present contract shall be finally settled through arbitration under the Istanbul Arbitration Centre Arbitration Rules.

The following provisions may be added to the model arbitration clause:

  • The Emergency Arbitrator Rules shall not apply.
  • The place of the arbitration shall be (City/Country).
  • The language of the arbitration shall be (…).
  • The number of the arbitrators shall be (…).
  • The law applicable to the merits of the dispute shall be (…).