Arbitration Clause

Model of an Arbitration Clause to be copied into documents.

Arbitration Clause

The Parties agree that any dispute, claim or controversy arising out of, relating to, or in connection with this Agreement, or the breach, termination or validity thereof shall be finally settled by mediation and/or arbitration. The mediation and arbitration shall be administered by Arbitranet enrolled with the Tax Payers’ Registry Number 16.933.310/0001-07 (“Arbitranet”), and conducted in accordance with its Regulation available at on the date of filing of the request for arbitration (“Arbitranet Rules”). The arbitration shall be conducted in Portuguese, by one arbitrator, chosen according to the Arbitranet Rules.

The Parties indicate the following e-mail addresses for the purposes of receiving any notification, communication or summons:

Party A: [insert e-mail]

Party B: [insert e-mail]

The Parties undertake to keep the abovementioned e-mail addresses active and valid throughout the validity of this agreement. Until any of the Parties inform the other Party in case of any change in their e-mail addresses, any communication (including notification, summons, etc.) sent to the aforementioned e-mail addresses will be reputed valid.

The Parties may apply to the competent judicial authority for urgent or conservatory measures. The application of any Party to a judicial authority for such measures or for the implementation of any such measures ordered by an arbitral tribunal shall not be deemed to be an infringement or a waiver of the arbitration agreement and shall not affect the relevant powers reserved to the arbitral tribunal.