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International Arbitration Agreement

International Arbitration Agreement Template for Hong Kong

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Key Requirements PROMPT example:

International Arbitration Agreement

"I need an International Arbitration Agreement for a joint venture between a Hong Kong technology company and a German software developer, with HKIAC administration and specific provisions for intellectual property disputes and source code escrow arrangements."

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Document background
The International Arbitration Agreement is a crucial document for businesses engaging in cross-border transactions who wish to establish a clear, neutral, and efficient dispute resolution mechanism. This agreement, governed by Hong Kong law, leverages Hong Kong's reputation as a leading arbitration center in Asia-Pacific and its pro-arbitration legal framework. The document typically specifies HKIAC as the administering institution and incorporates provisions from the Hong Kong Arbitration Ordinance (Cap. 609). It is particularly valuable for parties from different jurisdictions who seek a neutral forum with strong enforcement mechanisms under the New York Convention. The agreement should be implemented at the outset of a commercial relationship, ideally incorporated into the main commercial contract or executed as a standalone agreement.
Suggested Sections

1. Parties: Identification of all parties entering into the arbitration agreement

2. Background: Context of the agreement and relationship between the parties

3. Definitions: Key terms used throughout the agreement

4. Agreement to Arbitrate: Core agreement to submit disputes to arbitration

5. Scope of Arbitration: Types of disputes covered by the arbitration agreement

6. Arbitration Rules and Institution: Designation of applicable arbitration rules and administering institution (e.g., HKIAC)

7. Seat of Arbitration: Specification of Hong Kong as the seat of arbitration

8. Number and Appointment of Arbitrators: Process for selecting arbitrators and size of tribunal

9. Language of Arbitration: Specification of the language(s) to be used in proceedings

10. Governing Law: Specification of Hong Kong law as governing law

11. Confidentiality: Obligations regarding confidentiality of proceedings

12. Costs: Allocation of arbitration costs and legal fees

13. Final and Binding Nature: Confirmation that the award will be final and binding

Optional Sections

1. Multi-Party Provisions: Procedures for arbitration involving multiple parties

2. Interim Measures: Provisions for emergency relief and interim measures

3. Expert Determination: Provisions for technical matters to be referred to expert determination

4. Mediation-Arbitration: Optional step of mediation before proceeding to arbitration

5. Document Production: Specific rules for document disclosure and production

6. Time Limits: Specific deadlines for various stages of the arbitration

7. Appeals: Any agreed procedures for appeals of arbitral awards

8. Split Clauses: Provisions giving one or both parties option to choose litigation

Suggested Schedules

1. Schedule 1: HKIAC Arbitration Rules: Copy or reference to the current HKIAC Administered Arbitration Rules

2. Schedule 2: Model Notice of Arbitration: Template for initiating arbitration proceedings

3. Schedule 3: Fee Schedule: Schedule of administrative fees and arbitrator fees

4. Appendix A: Defined Terms: Extended definitions of key terms used in the agreement

5. Appendix B: Model Arbitrator Declaration: Standard form for arbitrator declarations of independence and impartiality

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions


































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Relevant Industries

Financial Services

International Trade

Manufacturing

Technology

Construction

Energy

Maritime

Real Estate

Professional Services

Telecommunications

Infrastructure

Retail

Healthcare

Transportation

Mining and Resources

Relevant Teams

Legal

Compliance

Risk Management

Commercial Operations

International Business Development

Corporate Affairs

Contract Management

Procurement

Executive Leadership

Business Operations

Relevant Roles

General Counsel

Legal Director

Chief Legal Officer

Corporate Lawyer

Legal Counsel

Contract Manager

Commercial Director

Risk Manager

Compliance Officer

Business Development Director

Chief Executive Officer

Chief Operating Officer

Project Manager

International Trade Manager

Head of Legal

Senior Legal Counsel

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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