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Model Arbitration Clause

Any dispute, controversy, difference or claim arising out of, relating to or in connection with this contract, including any question regarding its existence, validity, interpretation, performance, breach or termination, shall be finally resolved by arbitration referred to [insert either CAA (Chinese Arbitration Association, Taipei) or CAAI (CAA International Arbitration Centre)**] in accordance with its arbitration rules in force when the Notice of Arbitration is submitted, and the seat of arbitration shall be [insert jurisdiction**].
**Please insert CAA if the seat of arbitration is in Taiwan Area (in which case CAA Arbitration Rules will apply). **Alternatively, please insert CAAI if the seat of arbitration is outside Taiwan Area (in which  case CAAI Arbitration Rues will apply).
  Optional: The number of arbitrators shall be [insert one or three].
  Optional: The language of arbitration shall be [insert language].
For more information on CAA-CAAI dual track system, please refer to About Us.
Note: Parties intending to adopt CAA Arbitration Rules for arbitration seated outside Taiwan Area should obtain specific legal advice before doing so.