Recommended mediation clauses
No matter how well arrangements are recorded in commercial contracts, a dispute can still arise with your contracting partner. It is therefore advisable to also make provision in that contract for the resolution of any disputes. UNUM arbitration & mediation is a modern and professional way to settle disputes at a reasonable cost.
If you decide to choose UNUM mediation for dispute resolution, you can include one of the following clauses in your contract:
Clause 1
Parties undertake to resolve all disputes arising from or in connection with this agreement in the first instance by mediation, in accordance with the UNUM mediation rules.
If mediation does not lead to an (overall) solution of the dispute, the dispute, or at least that part of the dispute that has not yet been resolved, shall be submitted to arbitration, in accordance with the UNUM arbitration rules.
Clause 2
Parties undertake to resolve all disputes arising from or in connection with this agreement in the first instance by mediation, in conformity with the UNUM mediation rules.
However, the mediation does not preclude disputes from simultaneously being submitted to arbitration in accordance with the UNUM arbitration rules.
If the mediation does not lead to an (overall) solution of the dispute, the dispute, or at least that part of the dispute that has not yet been resolved, shall be settled definitively by arbitration.