1. Any dispute or claim arising out of or in connection with this contract, or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the Rules of Procedure of the Danish Institute of Arbitration (Copenhagen Arbitration).

2. The arbitration tribunal shall be composed of ____________ arbitrators / a sole arbitrator.

3. All members of the arbitration tribunal shall be appointed by the Institute.

[or] Each party shall appoint one arbitrator and the Institute shall appoint a third arbitrator who shall be the Chairman of the arbitration tribunal. If a party has not appointed an arbitrator within 30 days of having requested or received notice of the arbitration, such arbitrator shall be appointed by the Institute.

4. The place of arbitration shall be ____________ .

5. The language(s) of the arbitration shall be ____________.

6. The contract shall be governed by the law of ____________.