“Any dispute arising out of or in connection with this contract, including any question regarding its existence, validity or termination, shall be finally resolved by arbitration by one arbitrator, to be appointed by the Dubai International Arbitration Centre in accordance with the DIAC Arbitration Rules in force on the date of the submission of the request for appointment. The legal seat of the arbitration shall be [*] and the language of the arbitration shall be [**].”
or
“Any dispute arising out of or in connection with this contract, including any question regarding its existence, validity or termination, shall be finally resolved by arbitration by three arbitrators. The parties shall each appoint a co-arbitrator within [ ] days of one party receiving a written notice from the other party to commence arbitration proceedings. The two party-appointed co-arbitrators shall appoint a third arbitrator, who will act as the chairperson of the arbitral tribunal within [ ] days of the appointment of the last co-arbitrator. If a party or the party-appointed co-arbitrators fail to appoint a co-arbitrator or the chairperson, respectively, the appointment of such arbitrator(s) shall be made, upon an application of either party, by the Dubai International Arbitration Centre in accordance with the DIAC Arbitration Rules in force on the date of the submission of the request for appointment. The legal seat of the arbitration shall be [*] and the language of the arbitration shall be [**].
*the city and/or country, which procedural laws the parties wish to apply to the arbitration proceedings
**the language, in which the parties wish the arbitration proceedings to be conducted and any award to be issued