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Model Clause: Singapore Mediation Centre
DRAFT MEDIATION CLAUSES FOR CONSIDERATION: Singapore Mediation Centre
Draft Clause 1:
"All disputes, controversies, or differences
arising out of or in connection with this agreement shall first be submitted to
the Singapore Mediation Centre for resolution by mediation in accordance with
the Mediation Procedure for the time being in force. The parties agree to
participate in the mediation in good faith and undertake to abide by the terms
of any settlement reached."
Draft Clause 2:
"All disputes, controversies, or differences arising out of or in
connection with this agreement shall first be submitted to the Singapore
Mediation Centre for resolution. The disputes, controversies or differences
shall be referred within [No. of days] days from the time they arose, in
accordance with the Mediation Procedure for the time being in force, unless any
of the parties serve a written notice on all the other parties and the
Singapore Mediation Centre stating that it does not agree to submit the matter
to mediation. The parties agree to participate in mediation in good faith and
undertake to abide by the terms of any settlement reached."
