Dispute Resolution Clause
1. Mediation and Arbitration
- Dispute Resolution Mechanism: In the event of any dispute or disagreement arising out of or relating to this Agreement or Bitcoin Ting’s services, both parties agree to resolve the dispute through mediation or arbitration.
- Mediation: The parties shall attempt to resolve the dispute amicably through mediation conducted by a mutually agreed-upon mediator. If mediation fails to resolve the dispute, arbitration shall be pursued.
2. Arbitration Procedures
- Arbitration Process: Should mediation fail, any unresolved disputes shall be settled by arbitration in accordance with the rules of [specified arbitration institution].
- Arbitration Authority: The arbitration shall be conducted by a single arbitrator or a panel of arbitrators appointed according to the rules and procedures agreed upon by both parties or designated by the arbitration institution.
- Arbitration Decision: The decision of the arbitrator(s) shall be final and binding upon both parties and enforceable in a court of law.
3. Waiver of Litigation Rights
- Waiver of Litigation: Both parties agree to waive their rights to pursue litigation in a court of law for any dispute covered by this Dispute Resolution Clause, except for matters related to injunctive relief or other equitable remedies.
4. Governing Law and Jurisdiction
- Governing Law: This Dispute Resolution Clause shall be governed by and construed in accordance with the laws of [specified jurisdiction].
- Jurisdiction: Any disputes arising from this Dispute Resolution Clause shall be subject to the exclusive jurisdiction of courts in [specified jurisdiction] for matters not subject to arbitration.
- Confidentiality of Proceedings: All mediation and arbitration proceedings, including discussions, documents, and outcomes, shall remain confidential, except as required by law or for enforcement of arbitration awards.
6. Contact Information
For inquiries or concerns regarding the Dispute Resolution Clause or Bitcoin Ting’s services, please contact us at email@example.com