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«IAC» Халықаралық төрелік соты
Международный арбитражный суд «IAC»
International arbitration court (IAC)

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Arbitration Agreement

For submission of the dispute for consideration in the International Arbitration Court “IAC” the written agreement of the parties is necessary, which may be concluded as well as before the dispute arisen and after the dispute arose in the form of separate Arbitration agreement on submission of potential conflict or arisen dispute to the International Arbitration Court “IAC”.

ARBITRATION AGREEMENT

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ARBITRATION AGREEMENT №

On submission of the dispute(s) for the consideration of the International Arbitration Court “IAC”

 
 …………………                                                                                                            ………………… 2016 г.

……………………… (the name of the entity), represented by ……………………… (full name of the official), acting on the grounds of ………………………(title of the document), on the one hand, and ……………………… (full name of the individual), identification document № ………………………, issued by ………………………(date of issuance, issuing party), from other hand, hereinafter called as the «Parties», have entered in the this Arbitration agreement (hereinafter – the Agreement) on the following:

Subject and terms of the Agreement 

1. All disputes, controversies and claims arisen or are being arising out of the …………………(agreement or contract №, date) between them or related to it. including, related to its execution, violation, termination or invalidity, are subject to final settlement in the International Arbitration Court “IAC” located in Almaty, the Republic of Kazakhstan, in accordance with its Rules.

2. The Parties have determined the following terms of the arbitration proceedings:

a) Arbitral tribunal – 1, 3, and more arbitrators (the number of arbitrators should be odd).

b) Language of arbitration – ………….. (any under agreement of the parties).

c) Place of arbitration - ………….. (the settlement where the International Arbitration Court “IAC” is located or any other place chosen by the parties, subject to payment of additional charges by them).

d) Rules of substantive law - ……………(specify the name of the country, substantive law of which shall be used at the consideration of occurred dispute).

3. The costs of the proceedings shall be distributed as follows: .............. (this condition shall be determined by the parties).

4. All amendments and additions to this Agreement shall be in writing, and the rejection of the terms of the agreement, amendments and additions unilaterally is not allowed. 

5. Addresses for sending notifications, documents and other materials related to the dispute consideration.

..................................
Adress:         
Phone:     
Fax:
E-mail:
Contact person:
.................................
Adress :         
Phone :     
Fax :
E-mail:
Contact person :


6. This Agreement is made in two copies, one for each party. 

                                                                Details and signatures of the Parties:
..................................
..................................

Additional terms subject to agreement and inclusion to the arbitration clause:

1. On presentation and direction of the documents relating to the arbitration proceedings:

In order to reduce the timing of the implementation of arbitration delivery by the International Arbitration Court “IAC” to the parties or any of the party of the notifications on the date and time of the session, decisions of the International Arbitration Court “IAC”, copies of the claims and materials related to the subject of the dispute received from the claimant or the defendant, as well as submission to the International Arbitration Court “IAC”, to the email address iac@arbitration.kz, of the claims, delivery of the scan-copies of the documents related to arbitration, except for the cases when the original copies are necessary to be presented to the International Arbitration Court “IAC”, shall be executed by the parties or any of the parties via electronic communication by the following electronic addresses: the Seller – (e-mail), the Buyer – (e-mail).

2. By the form of the arbitration proceedings, if the parties have agreed to arbitrate the dispute on the basis of the presented materials without participation of the parties:

Legal investigations should be carried out in the form of an oral hearing (arbitration agreement) on the basis of submitted documents without participation of the parties in a session.

3. By the form of the arbitration proceedings, if the parties have agreed to arbitrate the dispute in the form of electronic proceedings:

Consideration of the dispute between the parties shall be provided in the form of electronic arbitration with the help of the following information for the video link: (name of the party) – e-mail, (Skype or other program) login, phone number, etc.