In these Rules, the words and phrases listed below have the following meaning :

(a) "NAI" - Netherlands Arbitration Institute, Foundation (Stichting), with its seat in Rotterdam;

(b) "Governing Board" - the Governing Board of the NAI;

(c) "Executive Board" - the executive section of the NAI             Governing Board as provided for in the NAI Articles of          Association;

(d) “Administrator”: the Director of the NAI as provided for