The following sample clause is suggested for reference. Whenever necessary, independent legal advice should always be sought on the choice of a suitable clause and the applicable law.
Any dispute or difference, whether contractual or non-contractual, arising out of or in connection with this contract, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration under the UNCITRAL Arbitration Rules in force when the notice of arbitration is received by the other party or parties, which rules are deemed to be incorporated by reference in this clause.
The governing law of this arbitration clause shall be the law of Hong Kong and the seat of arbitration shall be Hong Kong.
The appointing authority shall be The Law Society of Hong Kong.
The number of arbitrator shall be one; unless otherwise agreed by the parties in writing. The arbitration proceedings shall be conducted in [insert language].