STANDARD CONCILIATION CLAUSES It is advisable to adopt the following provision of Conciliation clause in the agreements and contracts you intend to sign:
Note (1) Please, kindly note that the number of conciliators remains up to your discretion, i.e. when the above mentioned clause is stated in your agreements. you have to determine the number of Conciliators clearly by stating "one", "three" or more than three conciliators. If you are unwilling to adopt Conciliation procedures, it is advisable to provide the following clause of arbitration in your agreements or contracts. " AII disputes arising from the interpretation; implementation or termination of the agreement/contract herein shall have to be conclusively settled via arbitration in accordance with the provisions on arbitration provided in the
Note(2) Please, kindly note that the number of arbitrators remains up to your discretion, i.e. when the above mentioned clause is stated in your agreements, you have to determine the number of arbitrators clearly by stating either "one", "three" or more than three arbitrators. If you are unwilling to adopt neither this nor that alone, it is advisable then to provide the following mixed clause in your agreements and contracts; " AII disputes arising from the interpretation; implementation or termination of the agreement/contract herein shall have to be initially settled via Conciliation and through a special board comprising one; three or more Conciliators who shall be nominated and summoned up in accorndance with the provisions of the Abu Dhabi Commercial Conciliation & Arbitration Centre's Procedural Regulations". In the event of failure of such endeavours, or consent on giving up the aforementioned Conciliatory clause, the dispute shall have to be conclusively settled via arbitration and through a special board comprising one; three or more arbitrators who shall be nominated and summoned up in accordance with the provisions of the Centre's (ADCCAC) Procedural Regulations". Notes (3) Please, kindly note that the number of conciliators or arbitrators remains up to your discretion without prejudice to what has been provided in NOTES (1 & 2) hereinbefore. P.O.Box: 662, Abu Dhabi, U.A.E, |
" AII
disputes arising from the interpretation; implementation or termination of the
agreement/contract herein shall have to be conclusively settled via conciliation in
accordance with the provisions on conciliation provided in the Abu Dhabi Commercial
Conciliation & Arbitration Centre's Procedural regulations and through a Conciliation
board comprising one; three or more Conciliator(s) who shall be nominated and summoned up
in accordance with the rules and procedures provided in the Centre's Procedural
regulations".
Abu Dhabi
Commercial Conciliation & Arbitration Centre's Procedural Regulations and through an
arbitration board comprising one; three or more arbitrators who shall be nominated and
summoned up in accordance with the rules and procedures provided in the Centre's
Procedural Regulations".