Common use of Compulsory Mediation Clause in Contracts

Compulsory Mediation. Any unresolved claim, controversy or dispute against the WBC, must be submitted to non-binding mediation in accordance with the following procedures, within thirty (30) days after exhaustion of the administrative procedures outlined in Rule 5.2: a) The parties must, in good faith, attempt to select a neutral mediator to conduct the mediation. The eligible candidate must be neutral and have experience in the sport of boxing or in resolving boxing disputes. b) In the event that the parties are unable to agree on a mediator, each party shall nominate two qualified candidates from the CAS Pool of Mediators. c) The mediator shall be selected at random from the four (4) candidates selected by the parties from the CAS Pool of Mediation. d) The mediation shall be conducted in accordance with procedures prescribed by the selected mediator and at a convenient location designated by the mediator. The mediator’s expenses shall be shared equally by the parties who participate in the mediation. e) The mediation shall be completed within thirty (30) days after the mediator is selected, in accordance with the procedures in this Rule. f) The parties to the mediation must agree to mediate in good faith in a meaningful attempt to resolve the controversy, claim or dispute.