Mediation Agreement Page 4

ADVERTISEMENT

Mediation Agreement
ENFORCEMENT OF SETTLEMENT AGREEMENTS
21.
A party seeking to enforce a settlement agreement made at the mediation may call
evidence of entry into the agreement, including evidence from the mediator and from
any other person present at the mediation.
INDEMNITY AND EXCLUSION OF LIABILITY
22.
The parties agree that the mediator will not be liable to any party for any act or
omission in the performance of the mediator’s duties and obligations under this
agreement, unless the act or omission is fraudulent.
23.
The parties, together and separately, indemnify the mediator against any claim for any
act or omission in the performance of the mediator’s duties under this agreement,
unless the act or omission is fraudulent.
THE COST OF THE MEDIATION
24.
The parties will pay the Mediator's fees set out in the terms of engagement found at
25.
Unless the parties agree otherwise, they will share equally all the fees and costs of the
mediation. These costs are to be paid within seven days of the mediation, however the
mediator may request estimated fees to be paid prior to the mediation.
Any
outstanding fees and costs attract interest at the rate of 2% per month or part thereof.
TERMINATION OF THE MEDIATION
26.
A party may terminate its involvement in the mediation at any time but only after
consultation with the mediator.
The mediator may terminate the mediator’s involvement in the mediation if, after
27.
consultation with the parties, the mediator feels unable to assist the parties to achieve
resolution of the Dispute.
4

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Business
Go
Page of 7