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Sample Partial Preview
ARBITRATION AGREEMENT
1.
This Arbitration Agreement is made between [set out the names and addresses
of the parties] :
A.
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________
B.
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________
2.
Disputes and differences have arisen between the parties as to [set out a
brief description of the nature of such disputes or differences] :
a)
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________
b)
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________
3.
The parties are unable to resolved the disputes or differences by agreement and
have agreed to refer the disputes or differences or such part as remain
unresolved to arbitration in accordance with the Commercial Arbitration Act 1984
as presently amended (‘the Act’).
4.
The parties appoint __________________________________________________ of
_________Count/City, State________________________________________ as
Arbitrator to determine such disputes or differences.
5.
The parties each lodge herewith the sum of $ by way of security for costs of the
arbitration proceedings.
6.
In the event that the Arbitrator accepts the appointment, it is agreed by the
parties as between each of them and as between each of them and the Arbitrator
as follows:
a) that the Arbitrator shall
determine the disputes and differences between the parties and any Award made by
the Arbitrator shall, subject to the Act, be final and binding on the parties;
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