Attornment Agreement Template for Switzerland

The Attornment Agreement serves as a crucial legal instrument in international business and financial transactions where parties wish to establish Swiss courts as their forum for dispute resolution. This document becomes particularly relevant in cross-border financing arrangements, international trade agreements, and complex commercial transactions where certainty of jurisdiction is essential. The agreement typically includes detailed provisions about the specific Swiss courts that will have jurisdiction, the scope of that jurisdiction, and how legal processes will be served. Swiss law is often chosen for such agreements due to Switzerland's reputation for legal certainty, neutrality, and sophisticated commercial law framework. The Attornment Agreement helps prevent jurisdictional challenges and provides a clear framework for how and where disputes will be resolved.

1. Parties: Identification of all parties entering into the attornment agreement, including their full legal names, registration details, and addresses

2. Background: Context of the attornment agreement, including reference to any underlying agreements or relationships between the parties

3. Definitions: Definitions of key terms used in the agreement, including relevant courts, jurisdictions, and any defined legal concepts

4. Submission to Jurisdiction: Core provision where parties submit to the exclusive or non-exclusive jurisdiction of specified Swiss courts

5. Jurisdiction for Proceedings: Detailed provisions on which courts have jurisdiction over which types of proceedings

6. Service of Process: Provisions regarding how legal documents and notices must be served on the parties

7. Waiver of Objections: Parties' waiver of any objections to the jurisdiction of the specified courts

8. Enforcement: Provisions regarding the enforcement of judgments obtained from the specified courts

9. Severability: Provisions addressing the validity of remaining clauses if any part is found invalid

10. Counterparts: Provisions allowing execution in multiple counterparts

11. Execution: Signature blocks and execution formalities