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Arbitration Clause

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This document provides an arbitration clause which can be placed in an agreement or contract. This clause contains standard terms and language common to arbitration clauses. As drafted this clause sets out the manner and process in which any disputes will be administered. This sample provisions can be modified to fit the needs of the parties and should be used by contracting parties or their legal representatives when seeking to resolve disputes through arbitration.

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									This document provides an arbitration clause which can be placed in an agreement or
contract. This clause contains standard terms and language common to arbitration
clauses. As drafted this clause sets out the manner and process in which any disputes
will be administered. This sample provisions can be modified to fit the needs of the
parties and should be used by contracting parties or their legal representatives when
seeking to resolve disputes through arbitration.
                                     ARBITRATION CLAUSE
If, at any time during the continuance of this Agreement (which, for purposes of this paragraph
shall be deemed to include any other agreement or covenant entered into pursuant to this
Agreement) any dispute, difference, question, controversy or claim between or among any of the
Conflict Parties hereto (or their heirs, executors, administrators, successors or permitted assigns)
shall arise out of or relate to this Agreement or the termination of this Agreement (other than a
matter dealt with in this Agreement or any agreement or covenant entered into pursuant to this
Agreement whereby such agreement or covenant specifically states that a certain determination
shall be final and binding), or the rights or obligations of the Conflict Parties hereto (or their
heirs, executors, administrators, successors or permitted assigns), then (subject to the exceptions
referred to hereinbefore), every such dispute, difference, question, controversy or claim shall be
submitted to and settled firstly by mediation as described in paragraph _____ [Instruction:
Insert applicable cross reference from contract paragraph describing mediation
procedures). In the event any such mediation should fail (or after the rendering of a non-
binding decision of any such mediation or the termination of any such mediation), then the
decision of the arbitrator appointed as hereinafter provided shall be accepted as final by the
Conflict Parties. The arbitration shall be conducted by a single arbitrator agreed upon by the
Conflict Parties. If, within five (5) days after written notice has been given by one of such
Conflict Parties to the other or others, such parties cannot agree upon a single arbitrator, then in
such event, the arbitration shall be conducted by a three (3) arbitrators, one of which shall be
appointed by each of the Conflict Parties and the third of which shall be appointed by the other
two (2) arbitrators. The arbitration shall be conducted in the State of _______________ in the
city of _________________ [Instruction: Insert state and city.] in accordance with the
provisions of the American Arbitration Association in accordance with its applicable arbitration
rules, in force at the time of such dispute, difference, question, controversy or claim. The
decision of the arbitrator(s) shall be final and binding upon all the parties to such dispute,
difference or question, and there shall be no appeal therefrom. Judgment on the award rendered
by the arbitrator(s) may be entered in any relevant court of jurisdiction.




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