ARBITRATION CLAUSE SUBMISSION AGREEMENT​

The Maritime Arbitrators Association of Nigeria hereby recommends the following arbitration clause for use in contracts.

Arbitration Clause

Any dispute, controversy or claim arising out of or in connection with this contract, or further contracts resulting therefrom, or the breach, termination or invalidity thereof, shall be referred to and finally resolved by arbitration in accordance with the applicable Rules of the Arbitration Scheme of the Maritime Arbitrators Association of Nigeria as at present in force.

 

The Maritime Arbitrators Association of Nigeria hereby recommends the following submission agreement for use in respect of existing disputes or disputes which have arisen after the contract between the parties.

 

Submission Agreement

 

A dispute having arisen between the parties concerning [.......], the parties hereby agree that the dispute shall be referred to and finally resolved by arbitration under the Rules of the (Small Claims Arbitration Scheme) of the Maritime Arbitrators Association of Nigeria as at present in force.

 

Signed:

 

[Party A]

 

[Party B]

 

Dated this .. day of ......... , 20...

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