DIY Legal Forms

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Arbitration Agreement

(Type B)

[Name] and [Name] do hereby agree:

For a sufficient consideration, the receipt of which is acknowledged, the parties shall submit to binding arbitration any and all disputes which they have have now whether mature or unmatured, whether legal, equitable, statutory, contractual or tortious in nature, together with any disputes which they may have in the future.

Such arbitration shall be under the rules of International Chamber of Commerce, and shall be heard by a panel of 1 arbitrators. Such arbitration shall be final and conclusive and the arbitrators award may be entered as a judgment in any court with jurisdiction to do so.

Despite any future agreement which may be made between the parties which may contain an integration clause, this agreement shall be deemed to be a part thereof whether or not specifically incorporated in any future agreements. The arbitrators shall have the discretion to award legal costs and fees, including counsel fees, in any award as they may by their discretion determine to be just.




This Section for Notary:


STATE OF -------)

) ss: [date]

COUNTY OF ------)

On [Date] before me, [Name of Notary], notary, personally appeared [Name of Person(s) Involved], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

Witness my hand and official seal.


[Name of Notary Public]

My commission expires: [date]