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Intention of the Site
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Limitation of Liability
TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW,
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You agree that you, the company you represent, any of its officers and directors, or any
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If either party ever has a disagreement regarding any issue, both parties agree to try to
work out such disagreements in a fair and reasonable manner. If the parties cannot work
out their disagreements, your only remedy is to request binding arbitration with a single
The party that wants to initiate arbitration shall call a well-established arbitration
organization in the country of Nevis and request arbitration with a single arbitrator to
begin on a date and time that is mutually agreeable to both parties and the arbitrator, but
no later than fourteen business days from the date of the request. The party that initiates
the arbitration will notify the other party in writing of the arbitration within one day of
making that request.
Both parties agree to the following arbitration format:
- The arbitration shall be attended by each party either in person or via telephone
with or without attorneys present.
- Each party will privately discuss with the arbitrator the facts as they see it, and
their viewpoint regarding the disagreement.
- The arbitrator will listen to both parties and ask questions or request information
to clarify or verify facts.
- The arbitrator will then take all the facts and make a decision, which will be
binding, within 24 hours.
- The arbitrator will be required to base his decision not on the technicalities of the
law, or the technicalities or wording in any specific contract, but he will base his decision
on "fairness and equality", and "under the spirit of true justice and original intention", and
what is "fair" for all parties concerned today.
- The arbitrator may award compensatory damages and legal fees, as he or she
- The arbitration award shall be final and binding upon both parties and may be
enforced in any court of competent jurisdiction.
the country of Nevis, without regard to its choice of law provisions.
provision shall be enforced to the maximum extent permissible so as to effect the intent
continue in full force and effect. The failure of GIN to enforce or exercise any provisions
Effective 24 May 2013, version MA/2405/13