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Binding Mediation Agreement
"Need a Binding Mediation Agreement for a commercial dispute between two tech companies, with specific provisions for virtual mediation sessions and handling of confidential software code, to be implemented by March 2025."
1. Parties: Identification and details of all parties to the mediation
2. Background: Context of the dispute and agreement to mediate
3. Definitions: Key terms used throughout the agreement
4. Appointment of Mediator: Details of the appointed mediator and their role
5. Mediation Process: Structure and procedures of the mediation
6. Confidentiality: Obligations regarding confidentiality and privacy
7. Costs: Assignment of mediation costs and expenses
8. Binding Nature: Terms establishing the binding nature of the agreement
1. Virtual Mediation Provisions: Specific provisions for online mediation sessions when mediation will be conducted remotely
2. Multiple Party Provisions: Additional terms for mediations involving more than two parties
3. International Elements: Provisions for cross-border aspects when parties are from different jurisdictions
1. Schedule 1: Mediator's Terms of Engagement: Detailed terms of the mediator's appointment and fees
2. Schedule 2: Mediation Timetable: Proposed timeline and key dates for the mediation process
3. Appendix A: Confidentiality Agreement: Detailed confidentiality terms for all participants
4. Appendix B: Mediation Rules: Specific procedural rules governing the mediation
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