Siac Arbitration Agreement

Tribunal of International Commercial Arbitration Delegate to the Chamber of Commerce and Industry of Romania (CICA) “All disputes arising out of or related to this Treaty, including with regard to its conclusion, invalidity, interpretation, performance or termination, shall be resolved by final arbitration organized by the Tribunal of International Commercial Arbitration of the Chamber of Commerce and Industry of Romania. In accordance with its arbitration rules. The award is final, binding and enforceable. “All disputes arising out of or relating to this Agreement, including all matters relating to its existence, validity or termination, shall be referred to the Singapore International Arbitration Centre (“SIAC”) and shall be finally settled by arbitration administered by the Singapore International Arbitration Centre (SIAC) in accordance with the currently applicable Arbitration Rules of the Siac Rules). the rules that are considered incorporated by reference to this clause. On 30 October 2017, the ICC Court of Justice announced a new measure to address both issues of arbitration time and costs through the immediate decision on manifestly immutable claims, commonly known as a summary finding. The ICC Court of Justice has updated this measure in the form of an update to its Practice Note on Parties and Arbitration. Arbitration and Mediation Center of the World Intellectual Property Organization (WIPO) “All disputes, controversies or claims arising out of this Treaty, or any subsequent amendment to this Treaty, including, but not limited to, its origin, validity, binding effect, interpretation, performance, breach or termination, as well as non-contractual claims, shall be appointed by arbitration, in accordance with the WIPO Arbitration Rules. and definitive. The arbitral tribunal shall consist of [a single arbitrator][three arbitrators]. The place of arbitration is [indicate location]. The language to be used in the arbitration proceedings is [indicate language]. The dispute, controversy or claim shall be decided in accordance with the law of the [jurisdiction]. Milan National and International Arbitration Chamber – “CAMERA ARBITRALE MILANO” (CAM) “All disputes – including non-contractual disputes – arising out of, related to or related to this Agreement shall be settled by arbitration under the Arbitration Rules of the Milan Arbitration Chamber (the Rules) by a single arbitrator / three arbitrators appointed in accordance with the Rules.

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