Recommended wording of arbitration clauses in contracts
"All disputes arising from the present contract and/or in connection with it shall be finally decided with the Arbitration Court attached to the Czech Chamber of Commerce and the Agricultural Chamber of the Czech Republic by one arbitrator appointed by the President of the Arbitration Court."
"All disputes arising from the present contract and/or in connection with it shall be finally decided with the Arbitration Court attached to the Czech Chamber of Commerce and the Agricultural Chamber of the Czech Republic according to its Rules by three arbitrators in accordance with the Rules of that Arbitration Court."
Recommended wording of an addendum with an arbitration clause to existing contracts:
The contracting parties have agreed upon an Addendum No ....... to the contract No ....... dated ....... reading as follows:
(to indicate the agreed wording of the arbitration clause - see above)
In .............................................. on ..............................................
.................................................................
.................................................................
signatures of the representatives of contracting parties
Recommended wording of the arbitration clause for on-line proceedings:
All disputes arising from the present contract and in connection with it shall be finally decided with the Arbitration Court attached to the Czech Chamber of Commerce and the Agricultural Chamber of the Czech Republic by one arbitrator appointed by the President of the Arbitration Court in accordance with the On-line Rules of the Arbitration Court.
The parties select the following e-mail addresses for the conduct of the on-line arbitral proceedings:
..............................................
..............................................
Attention:
The parties may agree that the arbitration proceedings shall take place in one of its regional court branches or at the contact place of the Arbitration Court.
The arbitration proceedings are held in the Czech language except shall the parties agree otherwise within the arbitration clause.
Since 1st December 2016 it is no longer possible to conclude an arbitration clause for the consumer dispute. The consumer disputes arising from the arbitration clauses concluded before the 1st December 2016 will be decided by the Arbitrators of the Arbitration court under the effective law on consumer protection.