Pursuant to the provisions of the Unum Arbitration Rules (article 7) the arbitration costs consist of administrative costs, the arbitrators’ fees and disbursements, and other costs.
The appointed arbitrators shall work on the basis of an hourly fee as fixed and published by UNUM’s management board, unless the parties and the arbitrators jointly agree otherwise in writing. The arbitrators shall immediately inform UNUM if fees different to those fixed and published by UNUM are agreed.
In order to promote transparency and to charge a realistic amount of administration costs in relation to the workload of Unum’s secretariat, these costs are made dependent on the duration of the proceedings and the size of data that are stored in the digital file.
Fixed adminstration costs in the amount of EUR 950.00 are due in all cases.
Unum will charge these fixed costs when arbitration proceedings have been commenced.
Additional administration costs will be charged on basis of time spent by the arbitrator or arbitrators. These costs will be calculated when arbitrators have charged their costs to the relevant party or parties. Costs for actual data storage will be calculated accordingly.
Arbitrators’ fees and disbursements as well as the flexible administration costs and costs for actual data storage will be paid from advance payments that will be requested from the parties.
As from 12 September 2018, the following flexible administration costs (amount to be charged per hour spent by arbitrators) and arbitrators’ fees are applicable: