Approved 21.02.2000. 9-7
"All disputes, differences or claims arising out of or in connection with the present agreement, which concerns it or an infringement of it, termination or invalidity, shall be finally settled at the Baltic International Arbitration Court (Strelnieku Str. 9-7, Riga, LV-1010) in accordance with its Arbitration Rules."
The parties may supplement the Arbitration Clause, adding to it:
1) the number of arbitrators is .................................................... ;2) the language of arbitration is ................................................. ;
3) place of arbitration is ............................................................... ;
4) .....................................................................................laws;
* Sample of text of the Arbitration Clause has recommendory nature