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This Valid Arbitration Agreement is designed for use in the United Arab Emirates, providing parties with a formal mechanism to resolve disputes through arbitration rather than traditional court litigation. The document is essential when parties wish to establish a clear, binding framework for dispute resolution that offers confidentiality, flexibility, and international enforceability. It complies with UAE Federal Law No. 6 of 2018 (UAE Arbitration Law) and includes crucial elements such as the scope of arbitrable disputes, arbitrator selection process, applicable rules, and enforcement provisions. The agreement is particularly valuable for commercial relationships where parties prefer specialized dispute resolution, faster proceedings, and the ability to enforce awards internationally under the New York Convention, to which the UAE is a signatory.

1. Parties: Identification of all parties entering into the arbitration agreement, including full legal names, addresses, and registration details

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

3. Definitions: Key terms used throughout the agreement

4. Agreement to Arbitrate: Clear and unequivocal expression of parties' consent to submit disputes to arbitration

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

6. Arbitration Rules: Specification of the rules governing the arbitration (e.g., DIAC, ADCCAC, ICC)

7. Seat of Arbitration: Designation of the legal seat of arbitration within the UAE

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

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

10. Governing Law: Law governing the substance of disputes and the arbitration agreement

11. Awards: Provisions regarding the nature of award (final and binding) and enforcement

12. Costs: Allocation of arbitration costs and legal fees

13. Confidentiality: Obligations regarding confidentiality of proceedings and materials

14. Notices: Process for serving notices related to arbitration proceedings

15. Execution: Signature blocks and execution formalities