Recommend Clauses 

For Future Disputes

For contracting parties who intend to refer any future disputes to arbitration under the PCIA Rules, the following model clause is advised. Please ensure that words or spaces enclosed in square brackets are either deleted or appropriately completed:

“Any dispute arising out of or in connection with this contract, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration under the Paris Court of International Arbitration (“PCIA”) Rules, which Rules are deemed to be incorporated by reference into this clause. The number of arbitrators shall be [one/three]. The seat, or legal place, of arbitration shall be [City and/or Country]. The language to be used in the arbitral proceedings shall be [ ]. The governing law of the contract shall be the substantive law of [ ].”

For Existing Disputes

Should a dispute have already materialized, and either no prior agreement to arbitrate exists, or the parties wish to amend an existing dispute resolution clause to stipulate PCIA arbitration, the subsequent clause is recommended. Again, words or spaces in square brackets should be deleted or completed as appropriate:

“A dispute having arisen between the parties concerning [ ], the parties hereby agree that the dispute shall be referred to and finally resolved by arbitration under the PCIA Rules. The number of arbitrators shall be [one/three]. The seat, or legal place, of arbitration shall be [City and/or Country]. The language to be used in the arbitral proceedings shall be [ ]. The governing law of the contract [is/shall be] the substantive law of [ ].”

Modifications to Recommended Clauses

The PCIA Secretariat is readily available and pleased to engage in discussions regarding any desired modifications to these standard clauses. For instance, discussions could include provisions for party nomination of arbitrators or the inclusion of expedited procedures.