THE PROBLEM

Section 21 DISPUTE RESOLUTION
All disputes arising out of or in connection with this Agreement shall be settled amicably and in good
faith between the parties. If no agreement can be reached each party has the right to initiate arbitration
proceedings within sixty days after the failure of the negotiation to have the dispute decided by an
arbitrator. The arbitration shall be conducted under the Rules of the Center for Arbitration and
Mediation of the Chamber of Commerce Brazil-Canada (“CAM-CCBC”) and in line with
international arbitration practice.
The Arbitral Tribunal shall consist of three arbitrators, appointed in accordance with the Rules of
CAM-CCBC. The Parties may select arbitrators which are not on the List of Arbitrators maintained
by CAM-CCBC. The President of the Arbitral Tribunal shall be appointed by the President of
CAM-CCBC.
The seat of arbitration shall be Vindobona, Danubia.
The arbitration proceedings shall be conducted in English.
1 August 2010
[Signature]
Sacadura Coutinho
[Signature]
Cyril Lindbergh
Addendum of 26 October 2010 (handwritten)
The Buyer may request the Seller to produce and deliver 2,000 clamps to attach the fan blades to the fan shaft. The
Price for the clamps shall be on a cost coverage base and be paid in US$.
Other terms as per main Agreement.
The exchange rate for the agreement is fixed to US$ 1= EQD 2.01.
26 October 2010
Amelia Beinhorn
Cyril Lindbergh
© Association for the Organisation and Promotion of the Willem C. Vis International Commercial Arbitration Moot 11
Prof. Dr. Stefan Kröll