Model Mediation Clause

The parties may agree on mediation by including a mediation clause in their contract. The parties may also agree on mediation after a dispute has arisen between them.

 

Recommended Model Mediation Clause:

Any dispute, controversy or claim arising out of or relating to this contract, or the breach, termination or validity thereof, shall first be submitted to mediation in accordance with the Mediation Rules of the Finland Chamber of Commerce.

Note: Parties may wish to consider adding:

(a) The place of mediation shall be [town and country].
(b) The language of the mediation shall be [language].

The commencement of proceedings under the Mediation Rules shall not prevent any party from commencing arbitration in accordance with the clause below.

Any dispute, controversy or claim arising out of or relating to this contract, or the breach, termination or validity thereof, shall be finally settled by arbitration in accordance with the Arbitration Rules of the Finland Chamber of Commerce.

Note: Parties may wish to consider adding:

(a) The number of arbitrators shall be [one / three].
(b) The seat of arbitration shall be [town and country].
(c) The language of the arbitration shall be [language].