Sample Mediation Clause

The parties agree that they will endeavor to settle any dispute controversy or claim arising out of or relating to this contract, which they are unable to settle through direct negotiations, by mediation administered by the Chicago International Dispute Resolution Association ("CIDRA"), One South Wacker Drive, Suite 2800, Chicago, Illinois 60606, USA, under its Mediation Rules before resorting to arbitration, litigation, or other dispute resolution procedure.

Any contractual requirement of filing a notice of claim with respect to the dispute submitted to mediation shall be suspended by mutual agreement until the conclusion of the CIDRA mediation proceedings.