Arbitration Agreement : Please fill out the following form. Please print your completed form if you would to have a copy for your records.
Agreement by and between (Name of the 1st Party) of (Address of the 1st Party) and (Name of the 2nd Party) of (Name of the 2nd Party).
Be it acknowledged, that we the undersigned as our interests exist in and to a certain contract, dispute, controversy, action or claim described as:
(Enter the description of the dispute) (claim) do hereby agree to resolve any dispute or controversy we now have or may ever have in connection with or arising from said claim by binding Arbitration.
Said Arbitration shall be in accordance with the rules and procedures of the AmericanArbitration for the City of (CITY), which rules and procedures for arbitration are incorporated herein by reference and the decision or award by the Arbitrators shall be final, conclusive and binding upon each of us and enforceable in a court of law of proper jurisdiction. All costs of arbitration shall be shared equally except that each party shall pay his own legal costs.
Signed this day of (DATE).
In the presence of :
Witness - First Party :
Witness - Second Party :
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