SAMPLE ARBITION TERMS
“All disputes arising in connection with this contract will be resolved by arbitration at the Binh Duong International Arbitration Center (BIAC) in accordance with its Arbitration Rules.”
In addition, the parties may add:
(a) the number of arbitrators is [one or three].
(b) the place of arbitration is [city and/or country].
(c) the law applicable to the contract is [ ].*
(d) the language of the arbitration is [ ].*
Note:
* Only applicable to disputes involving foreign elements
SAMPLE ARBITRATION TERMS FOR EXPEDITED PROCEDURE
“All disputes arising in connection with this contract shall be resolved by arbitration at the Binh Duong International Arbitration Center (BIAC) in accordance with its Arbitration Rules. The parties agree that the arbitration will be conducted in accordance with the Shortened Procedures set forth in Article 40 of the BIAC Arbitration Rules.”
In addition, the parties may add:
(a) the place of arbitration is [city and/or country].
(b) the applicable law to the contract is [ ].*
(c) the language of arbitration is [ ].*
Note:
* Only applicable to disputes involving foreign elements