¶¶Òõ¶ÌÊÓƵ

The Mandatory Arbitration Agreement is a crucial legal document used in the United Arab Emirates to establish arbitration as the exclusive method of dispute resolution between parties. This agreement is particularly relevant in commercial relationships where parties wish to ensure disputes are resolved efficiently outside the court system, while maintaining confidentiality and leveraging industry-specific expertise. The document, governed by UAE Federal Law No. 6 of 2018, typically includes detailed provisions on the arbitration process, selection of arbitrators, applicable rules, and enforcement mechanisms. It is commonly used in commercial contracts, employment agreements, and international business relationships where parties seek to establish a clear, binding framework for dispute resolution that is compliant with UAE law and recognized international arbitration standards.

1. Parties: Identification of all parties entering into the arbitration agreement, including full legal names, addresses, and registration details

2. Background: Context of the agreement and relationship between the parties

3. Definitions: Key terms used throughout the agreement, including specific legal and technical terms

4. Agreement to Arbitrate: Clear and explicit statement of parties' agreement to submit disputes to binding arbitration

5. Scope of Arbitration: Detailed description of disputes covered by the arbitration agreement

6. Arbitration Rules: Specification of the applicable arbitration rules (e.g., DIAC, ADCCAC, ICC)

7. Seat of Arbitration: Designation of the legal seat of arbitration within the UAE

8. Language of Arbitration: Specification of the language(s) to be used in arbitration proceedings

9. Number and Selection of Arbitrators: Process for appointing arbitrators and size of tribunal

10. Governing Law: Specification of UAE law as governing law and relevant jurisdictional provisions

11. Confidentiality: Obligations regarding confidentiality of arbitration proceedings and materials

12. Costs: Allocation of arbitration costs and legal fees

13. Notices: Procedure for serving notices related to arbitration proceedings

14. Severability: Provision ensuring remainder of agreement survives if any part is found invalid