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MODEL ARBITRATION CLAUSE IN CONTRACT

The parties hereto shall submit any conflict or potentially litigious issue arising from this contract or any other legal action, including any based thereon, or as to the validity thereof, to the institutional arbitration of the Tribunal Arbitral de Barcelona (TAB) / Barcelona Arbitration Court, of the Associació Catalana per a l’Arbitratge (ACA) / Catalan Arbitration Association - by whatever name it may be known in the future – which shall be responsible for appointing the arbitrator or arbitrators and administering the arbitration proceedings n accordance with its Regulations in force at the start of the arbitration proceedings”.


MODEL ARBITRATION CLAUSE FOR CORPORATE ARTICLES OF ASSOCIATION

1. All corporate issues and disputes, howsoever many there may be, arising between the company and its directors, liquidators or members or any of same with each other, shall be submitted to the institutional arbitration of the Tribunal Arbitral de Barcelona (TAB), under whatever name it may operate in the future, of the Asociación Catalana para el Arbitraje [Catalan Arbitration Association], entrusting to it the appointment of arbitrator(s) and the administration of the arbitration in accordance with its regulations. Such issues shall include, as herein listed without any limitation whatsoever, any challenges to corporate resolutions, corporate, derivative and individual actions against directors and disputes relating to calling meetings of corporate organs and the winding up and liquidation of the company.
2. The place of arbitration shall be the headquarters of the administering arbitration institution, unless otherwise agreed by the parties.
3. If the company is a party to the proceedings, it undertakes to make prompt provision of funds to meet initiation fees and administration by the arbitration institution and the fees and expenses of the arbitrators.
4. Amendment or repeal of this article shall require the same legal or statutory majorities required for the introduction of a statutory arbitration clause.
”.


MODEL OF TESTAMENTARY CLAUSE

All disputes between potential legatees and beneficiaries of the testator [OPTIONAL: or between same and the executors or administrators of the estate] as to the administration or distribution of the estate, excluding options legally unavailable for the testator and to the strict extent of such exclusion or limitation. shall be subject to institutional arbitration by the Tribunal Arbitral de Barcelona (TAB) / Barcelona Arbitration Court, of the Associació Catalana per a l’Arbitratge (ACA) / Catalan Arbitration Association, which is entrusted with the appointment of the arbitrator or arbitrators and the administration of the arbitration proceedings.
The arbitration shall cover all disputes related to the interpretation, inclusion, application and / or performance of terms of this will, including those relating to the inventory and valuation of assets, rights and obligations that form part - or should, in the opinion of at least one party, form part – of the estate left by the deceased
”.