Model Clause

・Med Clause1 (Binding)

All disputes, controversies or differences which may arise between the parties hereto, out of or in relation to or in connection with this contract shall be first submitted to Japan International Mediation Center in Kyoto (the “Center”) for resolution by mediation in accordance with the Mediation Rules of the Center.

The parties hereto may at any time, without prejudice to any other proceedings, seek to settle, in accordance with the Mediation Rules of the Japan International Mediation Center in Kyoto, any disputes, controversies or differences which may arise between the parties hereto, out of or in relation to or in connection with this contract.

・Med-Arb Clause

All disputes, controversies or differences which may arise between the parties hereto, out of or in relation to or in connection with this contract shall first be submitted to Japan International Mediation Center in Kyoto (the “Center”) for resolution by mediation in accordance with the Mediation Rules of the Center. If the dispute has not been settled pursuant to the said Rules within [60] days following the filing of a Request for Mediation or within such other period as the parties may agree in writing, such dispute shall thereafter be finally settled by arbitration in [name of city and country], in accordance with [name of Arbitration Rules] of [name of Arbitration Institution].

・Med Clause3 (After a dispute arises)

The parties hereby agree to submit the following disputes between the parties to Japan International Mediation Center in Kyoto (the “Center”) for resolution by mediation in accordance with the Mediation Rules of the Center.

[Description of the disputes]