Sample Mediation Followed by Arbitration

The parties agree that they will endeavor to settle any dispute, controversy, or claim arising out of or relating to this contract, which they are unable to settle through direct negotiations, by mediation administered by the Chicago International Dispute Resolution Association ("CIDRA"), One South Wacker Drive, Suite 2800, Chicago, Illinois 60654, USA, under its Mediation Rules before resorting to arbitration, litigation, or other dispute resolution procedure. If mediation is unsuccessful, the parties agree that they will submit such dispute, controversy, or claim to arbitration administered by CIDRA under its Arbitration Rules and that a judgment on the award may be filed and enforced in accordance with those Rules and the rules and laws of the applicable jurisdiction. Any contractual requirement of filing a notice of claim with respect to the dispute submitted to mediation -- including a contractual requirement to file a notice of arbitration claim with CIDRA -- shall be suspended by mutual agreement until the conclusion of the CIDRA mediation proceedings.