영문중 재계약서 ARBITRATIONAGREEMENT
분야
doc In order to secure the damages claimed, the parties agree that cash deposit or guarantee shall be provided by ______ to ______ before ______.
2. Composition of the Arbitration Tribunal
The parties agree that the tribunal comprises three arbitrators, and a presiding arbitrator shall be appointed.
Each party shall select or authorize the chairmen of the arbitration commission to appoint one arbitrator. The third arbitrator shall be selected jointly by the parties or be nominated by the chairman of the arbitration commission in accordance with a joint mandate given by the parties. The third arbitrator shall be the presiding arbitrator.
3. Avoidance
The parties agree that in any of the following circumstances, an arbitrator must withdraw from the arbitration, and the parties shall have the right to apply for his withdrawal if he:
(1) is a party or a close relative of a party or of a partys representative;
(2) is related in the case;
