Any disputes arising out of or in connection with this contract shall be finally settled by arbitration in accordance with the International Arbitration Rules of the Korean Commercial Arbitration Board.
The number of arbitrators shall be _____ [one or three].
The seat, or legal place, of the arbitral proceedings shall be ________ [select a seat, for instance Seoul, Republic of Korea].
The language to be used in the arbitral proceedings shall be ______ [select language].
The law governing this arbitration agreement shall be ______ [select the applicable law, for instance, Korean Law].
We, the undersigned parties, hereby agree that the following dispute shall be referred to and finally determined by arbitration in accordance with the International Arbitration Rules of the Korean Commercial Arbitration Board.
[brief description of the dispute]
The number of arbitrators shall be _____ [one or three].
The seat, or legal place, of the arbitral proceedings shall be ________ [select a seat, for instance Seoul, Republic of Korea].
The language to be used in the arbitral proceedings shall be ______ [select language].
The law governing this arbitration agreement shall be ______ [select the applicable law, for instance, Korean Law].
