Partnership disputes. This agreement is made _________, 19__, between _________, referred to as A, and _________, referred to as B, both of the city of _________, county of _________, state of _________. On or about the _________ day of _________, 19__, the parties entered into a partnership pertaining to conducting a _________ business. There now exists a difference of opinion in the minds of the parties as to what constituted the partnership agreement and as to whether or not the partnership relation is in existence at the present time or has been by agreement terminated and as to what the firm's liabilities now amount to and as to what constitutes the firm's assets and their present value and as to what each partner owes the other and as to what the firm owes each partner. In consideration of the promises made to each other, the parties agree to submit all of the matters in difference and all matters growing out of the partnership relation to a board of arbitrators to be settled and determined, and both of the parties agree to be bound by the award of the arbitrators. The board of arbitrators shall consist of three persons selected as follows: A shall choose one, B shall choose one, and the parties shall agree upon the third. The board of arbitrators shall convene at _________ o'clock in the _________ of _________, 19__, for the purpose of examining the records and papers appertaining to the partnership matter, and the meeting may be adjourned from time to time until all matters pertaining to partnership have been fully determined. In case the board of arbitrators finds that the partnership relation is at the time of the award in existence, they are authorized to consider the partnership relation as terminated on _________, 19__, and shall so find. The judge of _________ court of _________ judicial district, within and for county of _________ and state of _________, shall have full power and authority to enter judgment between the parties fixing and determining their relation in all things pertaining to the partnership matter as evidenced by the award. The judgment may be entered at any time upon the motion of either party without further notice to the other party, each of the parties waiving their right to notice of motion as provided by statute, provided, however, that the motion be made within one year from the date of the award.