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APPENDIX 2 - Euroleague Basketball

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including any question regarding its existence, validity, interpretation,<br />

breach, performance or termination, shall be ultimately and exclusively<br />

settled under the Rules of Arbitration of the International Chamber of<br />

Commerce by a panel of three arbitrators appointed in accordance with<br />

these Rules. The arbitration shall be conducted in English and the seat<br />

of arbitration shall be in Lugano (Switzerland). Prior to resorting to<br />

arbitration, the parties are obliged to attempt an amicable settlement<br />

through the good offices of a mediator appointed by the Court of<br />

Arbitration for Sport (CAS) in Lausanne in accordance with the CAS<br />

Mediation Rules; if the settlement is not achieved in 30 days, either<br />

party may resort to the arbitration procedure above. The parties shall<br />

be bound by a duty of confidentiality.<br />

In witness whereof, the parties have caused this Agreement to be executed<br />

by their duly authorised representatives as of the date mentioned on the<br />

first page hereof, in two original copies, each of which shall be deemed an<br />

original, but all of which together shall constitute one and the same<br />

instrument.<br />

Signed by …………<br />

<strong>Euroleague</strong> Properties S.A.<br />

Signed by……….<br />

The Club<br />

41

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