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CIAC Resolution No. 07-20163 November 2016Page 3 of4d.) Have a continuing duty lo disc/ose any fact or circumstance that, mayarouse justifiable doubts as to independence or impartiality; ande.) Contrib-ute to the fair, expeditious and timety resolution of the dispute.";6. Renumbering of sections 8.3 and 8.4 to 8.4 and 8.5, respectively;7. Deletion of Section 9.1.1 because the submission of nominees by the partiesis already captured in Sections 9.2 (Sole Arbitrator) and 9.3 (ArbitrationTribunal);8. Renumbering of Sections 9.1.2 and 9.1.3 to 9.1'1 and 9.1.2, respectively;g. Deletion of the phrase "have the right to nominate not more than sixarbitrators" and replacing it with the phrase "name not more than six (6)nominees from CieC-aCcredited arbitrators in the order of preference forappointmenf as So/e Arbitratof' from the 1't sentence of Section 9.2, to readas follows:"section g.2 Sote Arbitrator - Where the parties have agreed that thedispute(s) strall Oe se ttled by a So/e Arbitrator, each party shall name notmore than six (6) nominees from the C\AC-accredited arbitrators in the orderof their preferentce for appointment as So/e Arbitrator. lf any or both of theparties shatt fail to submit the names of their nominees within the period/s'prescribed by ctAC, a So/e Arbitrator shalt be appointed by clAC."; andl0.lnsertion of the wgrd "haye" between "partieS" and "agreed' and deletiOn Ofthe phrase "have the right to nominate six arbitrators from the list of CIAC-accredited arbitrators" and replacing it with the phrase "name not more thansix (6) nominees from C\AC-accredited arbitrators in the order of preferencefor appointmenf as Arbitrators"from the 1't sentence of Section 9.3. Deletionof the'2nd sentence of Section 9.3 and replacing it with 'CIAC shall chooseand appoinf as members of the Tribunat one Arbitrator from the claimant'snominees and another from respondent's nominees". Deletion of theremaining portion of Section 9.3 to provide for the appointment by CIAC of theThird Arbitrator and Chairmen of the Tribunal, to read as follows:"section g.3 Arbitral Tribunal - Where the parties have agreed that thedispute(s) snatt be settled by an Arbitrat Tribunal, each pafty shall name notmore than six (6) nominees from the ClAC-accredited arbitrators in the orderof their preference for appointment as Arbitrators. CIAC shall choose andappoint as members of the Tribunal one Arbitrator from the claimant'snominees and another from respondent's nominees. CIAC shall also chooseand appoint the Third Arbitrator and notify the parties thereof for theirconfirmation in writing within five (5) working days from receipt of the notice. lfno confirmation is rebeived within such period, the Third Arbitrator appointedby CIAC shatl be deemed accepted by the parties. The Third Arbitratorchosen and appointed by C\AC shalt be the Chairman of the Tribunal-"The foregoing amendments shall take effect fifteen (15) days from receipt by theNational Administrative Register, U.P. Law Center, pursuant to MemorandumCircular No. 11 from the Office of the President.
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