1. How to Request Binding Mediation. Any party to a dispute may initiate Binding Mediation by filing with the Corporate Partnering Institute (herein referred to as "CPI" and as "Administrator") a request for mediation pursuant to these Binding Mediation Rules. Such a request should contain a brief statement of the nature of the dispute as well as (to the extent available) the then current names, addresses and telephone numbers of all parties to the dispute.
2. Non-Binding Mediation Followed by Binding Arbitration. "Binding Mediation" shall mean mediation under The Corporate Partnering Institute's Rules of Procedure for Non-Binding Mediation followed by arbitration under the Corporate Partnering Institute's Rules of Procedure for Arbitration. Both the Corporate Partnering Institute's Rules of Procedure for Non-Binding Mediation and the Corporate Partnering Institute's Rules of Procedure for Arbitration are hereby made a part of these Binding Mediation Rules. The request for mediation pursuant to these Binding Mediation Rules shall be deemed to constitute a request for mediation pursuant to the Corporate Partnering Institute's Rules of Procedure for Non-Binding Mediation and a request for arbitration pursuant to the Corporate Partnering Institute's Rules of Procedure for Arbitration.
3. References to These Rules by Name. These Binding Mediation Rules may be referred to as or cited in agreements and other documents as: (i) CPI Rules for Binding Mediation of Business Disputes, (ii) the Corporate Partnering Institute's Rules of Procedure for Binding Mediation, (iii) the Corporate Partnering Institute Rules of Procedure for Binding Mediation, (iv) the CPI Rules of Procedure for Binding Mediation, (v) the Corporate Partnering Institute's Rules for Binding Mediation, (vi) the Corporate Partnering Institute Rules for Binding Mediation, (vii) the CPI Rules for Binding Mediation, (viii) the Corporate Partnering Institute's Rules of Procedure for International Binding Mediation, (ix) the Corporate Partnering Institute Rules of Procedure for International Binding Mediation, (x) the CPI Rules of Procedure for International Binding Mediation, (xi) the Corporate Partnering Institute's Rules for International Binding Mediation, (xii) the Corporate Partnering Institute Rules for International Binding Mediation, (xiii) the CPI Rules for International Binding Mediation, (xiv) the Corporate Partnering Institute's Rules of Procedure for Binding Business Mediation, (xv) the Corporate Partnering Institute Rules of Procedure for Binding Business Mediation, (xvi) the CPI Rules of Procedure for Binding Business Mediation, (xvii) the Corporate Partnering Institute's Rules for Binding Business Mediation, (xviii) the Corporate Partnering Institute Rules for Binding Business Mediation, (xix) the CPI Rules for Binding Business Mediation, (xx) the Corporate Partnering Institute's Rules of Procedure for Binding Partnering Mediation, (xxi) the Corporate Partnering Institute Rules of Procedure for Binding Partnering Mediation, (xxii) the CPI Rules of Procedure for Binding Partnering Mediation, (xxiii) the Corporate Partnering Institute's Rules of Binding Partnering Mediation, (xxiv) the Corporate Partnering Institute Rules of Binding Partnering Mediation, or (xxv) the CPI Rules of Binding Partnering Mediation.
4. Application of Rules. Whenever, by stipulation or in a contract, parties have provided for Binding Mediation of existing or future disputes under these Binding Mediation Rules, these Binding Mediation Rules, as amended by the Administrator and in effect as of the date of the submission of the dispute, a part of their agreement and thereby have agreed to these Binding Mediation Rules. With respect to any particular dispute, the Administrator shall have the discretion to determine whether to accept or decline the arbitration or mediation of any dispute under these Binding Mediation Rules. In the event that Administrator exercises its discretion to decline such arbitration or mediation, the Administrator will determine the substitute form of dispute resolution, which substitute form of dispute resolution may include, by way of example and not limitation, the rules of procedure of a court of competent jurisdiction or the rules of procedure of other arbitral or mediation organizations.