Second National Reconcilation Study EITI Peru - unofficial…

Consultoría para la Elaboración del Segundo Estudio Nacional de
Conciliación de la Iniciativa de Transparencia para las Industrias
Extractivas (ITIE) en el Perú (2008 – 2010) (continuación)
9.3. In the event that the parties fail to settle any doubt, dispute, disagreement or claim in connection with or
arising from this agreement, including the validity , effect or termination thereof, even in connection with
the arbitration award, any party may submit the above to arbitration according to Peruvian law (arbitraje de
derecho) under applicable laws and the rules of the national and International Settlement and Arbitration
Centre of the Lima Chamber of Commerce, to the rules, administration and decision of which the parties
unconditionally submit , stating to know them and accept them in full. The parties agree that arbitration
shall be conducted by three (3) arbitrators, one elected by each party and the third by the two arbitrators
by common agreement, who is to preside over the court of arbitration. The arbitration award shall be final
and binding.
Arbitration expenses incurred by the parties shall be borne by the party ruled against.
9.4. Without prejudice of the foregoing, parties agree to submit non-arbitration disputes to the jurisdiction and
competence of the Judges and Courts of the Court District of Cercado de Lima ( Distrito Judicial del
Cercado de Lima), waiving hereby to the venues of their places of business.
Executed in two counterparts of identical contents in Lim, on this [__] day of June, 2009.
[______]
[name]
[DNI]
Consultoría para la Comisión Multisectorial Permanente de la ITIE Perú
Legal Representative of ERNST & YOUNG
ASESORES S. CIVIL DE R.L., a member firm of
Ernst & Young
[name]
[DNI]
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