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Settlement of Disputes |
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(1) |
In case of any disputes arising out of or in
connection with this Agreement, including, but not limited to, a dispute
about the validity of this Agreement or the application of the
Severability Clause in § XX of this Agreement below, the Contract
Partners shall endeavour in the first step to find an amicable solution
through commercial negotiations as between partners by referring the
dispute to the Managing Directors of both Contract Partners. |
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(2) |
Should the Contract Partners not have started
the negotiations within thirty (30) days after the corresponding written
request by one Contract Partner or should the Contract Partners not have
found an amicable solution within sixty (60) days after the negotiations
had been started, the Contract Partners shall conduct a mediation
procedure, except the Contract Partners unanimously agree upon in
writing other time limits prior to the expiry of the aforementioned time
limits. The details of the mediation procedure shall unanimously be
agreed upon by the Contract Partners and the mediator. |
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(3) |
Should the Contract Partners not agree upon a
mediator within thirty (30) days after the failure of the commercial
negotiations in accordance with § XX of this Agreement or should the
failure of the mediation procedure be declared by one of the Contract
Partners or by the mediator, the dispute shall be ruled finally and
binding without recourse to the ordinary courts in an arbitration
procedure in accordance with the provisions of the Arbitration Rules of
the International Chamber of Commerce, Paris. The arbitration court
shall consist of three arbitrators except the Contract Partners mutually
agree upon otherwise in writing prior to the constitution of the
arbitration court, and these arbitrators shall be nominated in
accordance with the provisions of the aforementioned Arbitration Rules.
The Chairman of the arbitration court shall have the qualification to
become a judge and sufficient professional practical experience in
commercial law. The remuneration of the arbitrators shall be agreed upon
in writing between the Contract Partners and the arbitrators prior to
the start of the arbitration procedure, if applicable. The award of the
arbitration court shall contain a decision on the allocation of the cost
of the arbitration procedure. The arbitration procedure shall take place
at XX, XX. In the arbitration procedure the English language shall be
used. |
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(4) |
During the commercial negotiations, the
mediation procedure and up to the final establishment of an arbitration
court being able to decide, the aforementioned provisions shall not
exclude the right of any Contract Partner to initiate a legal procedure
in order to achieve preliminary legal protection at the ordinary courts
in any jurisdiction. |
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