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DIS-Adjudication and Arbitration Clause 10

The German Arbitration Institute (Deutsche Institution für Schiedsgerichtsbarkeit e.V., DIS) advises all parties wishing to agree on a project-accompanying adjudication by reference to the DIS Adjudication Rules for purposes of the settlement of differences and disputes in connection with one or several contracts to use the following adjudication and arbitration clause:

"For purposes of the settlement of all differences and disputes between the parties in connection with the contract (... description of the contract ...) a project-accompanying adjudication shall be conducted pursuant to the Adjudication Rules of the German Arbitration Institute(DIS-AVO).

Upon termination of the adjudication proceedings, all disputes shall be finally settled in accordance with the Arbitration Rules of the German Arbitration Institute (DIS) without recourse to the ordinary courts of law; if the binding effect of a decision under the DIS-AVO is not observed, the Supplementary Rules for Expedited Proceedings shall apply, in which case the entitled party may also have recourse to the ordinary courts of law."

The following points should be considered:

- In the proceedings pursuant to the DIS-AVO, the number of adjudicators is …;

- The place of arbitration is …;

- The number of arbitrators is ...;

- The applicable substantive law is ...;

- The language of the arbitral proceedings is ….

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