All disputes arising out of the present contract (1), including those concerning its validity, interpretation, performance and termination, shall be referred to a sole arbitrator according to the International Arbitration Rules of the Chamber of National and International Arbitration of Milan, which the parties declare that they know and accept in their entirety. The sole arbitrator shall decide according to the norms ____________ (2).

The language of the arbitration shall be ____________.

(1) Where the arbitration clause is contained in a document other than the contract to which it pertains, the contract referred to shall be indicated.

(2) The parties may indicate the norms applicable to the merits of the dispute; alternatively, they may provide that the arbitrator decide ex aequo et bono.

Submission Agreement (1)

The undersigned (2) ____________ and ____________, considering that a dispute has arisen between them concerning (3) agree to refer this dispute to the decision of (4) ____________, according to the International Arbitration Rules of the Chamber of National and International Arbitration of Milan, which the parties declare that they know and accept in their entirety. The arbitrator(s) shall decide according to the norms ____________ (5).

The language of the arbitration shall be ____________.

(Date) ____________

(Signature)____________ (Signature) ____________.

(1) The submission agreement is an agreement concluded where the dispute has already arisen between the parties and no arbitration clause has been previously concluded.

(2) Indicate the name and domicile (seat, if a company) of the parties.

(3) Indicate (in a general manner) the subject matter of the dispute, referring if necessary to the contract out of which the dispute arises.

(4) Indicate the number of the arbitrators (one or three).

(5) The parties may indicate the norms applicable to the merits of the dispute; alternatively, they may provide that the arbitrator decide ex aequo et bono.