Model Arbitration Clause

January 14,2020
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The World Arbitration Centre recommends the following arbitration clause to the parties who are interested in using WAC arbitration services. The clause may be incorporated into the underlying contract prior to the occurrence of dispute, or made by the parties after the dispute arises.

“Any and all disputes arising out of or relating to this contract shall be referred to and finally resolved by arbitration administered by the World Arbitration Centre (WAC),a permanent arbitration institution registered and established in Hong Kong, under the WAC Arbitration Rules being in force when the Notice of Arbitration is submitted.

The arbitration documents shall be served upon the parties through the following email addresses:

Party A’s email...,

Party B’s email...,

Party C’s email...”

If necessary, the parties may also add the following elements, for example:

“ The applicable law of arbitration clause shall be Hong Kong law;

The number of arbitrators shall be three (or one);

The seat of arbitration shall be Hong Kong;

The language of arbitration shall be Chinese (or English)”.