Model clauses

Why include an EODID dispute resolution clause in your contract?

Choose the right model clause

Use EODID’s model clauses in your contract and, where necessary, adapt the relevant provisions to the specific requirements of your transaction.

«ΤThe contracting parties agree to submit any dispute, controversy or claim arising out of, or in connection with, this contract to the EODID Arbitration Rules and to one [or three arbitrators], appointed pursuant to the rules hereof. The place of arbitration shall be ………………… [Greece or any other country], the arbitration shall be conducted in ………………… [English, Greek or another language] and the law applicable to the resolution of the dispute shall be ………….»

«The contracting parties agree to submit any dispute, controversy or claim arising out of or in connection with this contract to mediation under the Mediation Rules of the EODID Athens Mediation & Arbitration Organization (“EODID”). The mediation shall be conducted in ……………………… [English, Greek or another language]. This mediation clause shall be independent of and severable from the remaining clauses hereof and shall remain in full force and effect until all the above disputes, controversies or claims have been finally settled.»

Short version:

«The contracting parties agree to submit any dispute, controversy or claim arising out of or in connection with this contract to mediation under the Mediation Rules of the EODID Athens Mediation & Arbitration Organization (“EODID”). If the dispute or controversy or claim, or any part thereof, is not resolved by mediation, the dispute, controversy or claim, or its unresolved part, shall be submitted to the EODID Arbitration Rules and to one [or three arbitrators], appointed pursuant to the rules hereof.»

Long version:

«The contracting parties agree to submit any dispute, controversy or claim arising out of or in connection with this contract to mediation under the Mediation Rules of the EODID Athens Mediation & Arbitration Organization (“EODID”). The mediation shall be conducted in ……………………… [English, Greek or another language]. If the dispute or controversy or claim or any part thereof is not resolved within ……. days of commencement of the mediation process, the dispute, controversy or claim or its unresolved part shall be submitted to the EODID Arbitration Rules and to one [or three arbitrators], appointed pursuant to the rules hereof. The place of arbitration shall be ………………… [Greece or any other country], the arbitration shall be conducted in ………………… [English, Greek or another language] and the law applicable to the resolution of the dispute shall be ………….” This Med-Arb clause shall remain in full force and effect following any rescission or termination of this Contract on any grounds whatsoever, until all disputes, controversies or claims, as defined hereinabove, have been finally settled. In the event that this Contract is vitiated, rescinded or terminated on any grounds whatsoever, the validity and enforceability of this Med-Arb clause shall not be affected, and this clause shall be independent of and severable from the remaining clauses hereof.»

Short version:

«The contracting parties agree to submit any dispute, controversy or claim arising out of or in connection with this contract to arbitration under the Arbitration Rules of the EODID Athens Mediation & Arbitration Organization (“EODID”). If, at any stage of the arbitration proceedings and before the arbitral award is rendered, the parties wish to attempt to resolve all or part of the dispute through mediation, the dispute or the relevant part thereof shall be submitted to mediation under the Mediation Rules of the EODID Athens Mediation & Arbitration Organization (“EODID”). The submission of the dispute to mediation shall result in the suspension of the arbitration proceedings. If the mediation is unsuccessful or results in only a partial settlement of the dispute, the arbitration proceedings shall resume and continue from the stage at which they were suspended, before the same arbitral tribunal, unless the parties agree otherwise. This arbitration and mediation agreement shall remain in full force and effect irrespective of the validity of this Contract and until all disputes referred to herein have been finally resolved.»

Long version:

«The contracting parties agree to submit any dispute, controversy or claim arising out of or in connection with this contract, including any dispute concerning its validity, interpretation or performance, as well as any dispute arising out of or in connection with this arbitration and mediation agreement, to arbitration under the Arbitration Rules of the EODID Athens Mediation & Arbitration Organization (“EODID”). The language of the mediation shall be ………………… [Greek, English or another language]. If, at any stage of the arbitration proceedings and before the arbitral award is rendered, the parties wish to attempt to resolve all or part of the dispute through mediation, the dispute or the relevant part thereof shall be submitted to mediation under the Mediation Rules of the EODID Athens Mediation & Arbitration Organization (“EODID”). The submission of the dispute to mediation shall result in the suspension of the arbitration proceedings. If the mediation is unsuccessful or results in only a partial settlement of the dispute, the arbitration proceedings shall resume and continue from the stage at which they were suspended, before the same arbitral tribunal, unless the parties agree otherwise. The place of arbitration shall be …………………, the arbitration shall be conducted in ………………… [Greek, English or another language], and the law applicable to the resolution of the dispute shall be ………………… .This arbitration and mediation agreement shall remain in full force and effect following any rescission or termination of this Contract, or its expiry, until all disputes, controversies or claims, as defined hereinabove, have been finally resolved. In the event that this Contract is invalid, rescinded or terminated on any grounds whatsoever, the validity and enforceability of this arbitration and mediation agreement shall not be affected. This agreement shall remain independent of and severable from the remaining provisions of this Contract.»

Need help choosing the right clause?

The EODID team can provide information about the available dispute resolution procedures and the Organization’s Rules.
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