Any and all disputes, controversies or claims arising out of or in connection with this Contract, or a breach, termination or invalidity hereof, shall be settled by arbitration at the Russian Arbitration Center at the Autonomous Non-Profit Organisation “Russian Institute of Modern Arbitration” in accordance with the Arbitration Rules.
The Parties agree that for the purposes of sending written submissions, notifications and other written documents the following e-mail addresses shall be used:
[name of the Party]: [e-mail address]
[name of the Party]: [e-mail address]
In the event of change of the e-mail address specified above the Party shall immediately notify the other Party of such change and, if the arbitration has already commenced, also notify the Russian Arbitration Center at the Autonomous Non-Profit Organisation “Russian Institute of Modern Arbitration”. If such notice is not given, the Party failing to give notice shall be responsible for any written submissions, notifications and other written documents being sent to a wrong e-mail address.
The Parties hereby agree to be bound by and to execute the arbitral award.
The seat of arbitration shall be the city of Vladivostok in the Russian Federation. Oral hearings shall be held at the address of the Far Eastern Division of the Russian Arbitration Center at the Autonomous Non-profit Organisation “Russian Institute of Modern Arbitration”.
Direct (special) agreements enable the Parties to agree upon certain conditions of arbitration that cannot be included in the Arbitration Rules.
Direct (special) agreements that may be incorporated into the text of the recommended arbitration clause:
The Parties directly (specially) agree that if the challenge of an arbitrator is not granted by the Board in accordance with the Arbitration Rules, the challenging Party may not file an application seeking to have the challenge granted with a competent court.
The Parties directly (specially) agree that if the Arbitral Tribunal holds that it has jurisdiction as a preliminary matter, the Parties may not file applications on the Arbitral Tribunal’s lack of jurisdiction with a competent court.
The Parties directly (specially) agree that no oral hearings shall be held as part of the arbitration.
The Parties directly (specially) agree that the arbitrators for the dispute shall be elected (appointed) only from the recommended list of arbitrators of the Russian Arbitration Center at the Autonomous Non-Profit Organisation “Russian Institute of Modern Arbitration”.
The Parties directly (specially) agree that the arbitral award is final for the parties and is not subject to annulment.
Prorogation agreements enable the Parties to choose a state court for annulment and/or enforcement proceedings. Conclusion of such agreements allow the Parties to conduct possible proceedings in one court, which expedites arbitration and reduce costs.
Agreements to change the territorial jurisdiction of state courts over applications for recognition and enforcement of arbitral awards (issuance of enforcement orders):
The Parties agree that an application for annulment of the arbitral award shall be referred to an arbitrazh (commercial) court ( or a district court) at the location ( or domicile) of the Party, against which such an arbitral award is issued ( or the Party in whose favour such an arbitral award is issued).
The Parties agree that an application for the issuance of an enforcement order for the enforcement of the arbitral award shall be subject to the jurisdiction of an arbitrazh (commercial) court ( ora district court) at the location ( or domicile) of the Party in whose favour such an arbitral award is rendered.
The Parties agree that applications for the issuance of enforcement orders for the enforcement of the arbitral award shall be subject to the jurisdiction of an arbitrazh (commercial) court of the constituent entity of the Russian Federation ( or a district court), in whose territory the arbitral award was rendered.
The Parties agree that applications for the annulment of the arbitral award, as well as on the issuance of enforcement orders for enforcement of the arbitral award shall be subject to the jurisdiction of an arbitrazh (commercial) court ( or a district court) at the location ( or domicile) of the Party, in whose favour such an arbitral award is rendered.