# Arbitration Agreement
**This Arbitration Agreement (“Agreement”) is made and entered into as of [Date], by and between:**
**[Party A Name]**
Address: [Party A Address]
Email: [Party A Email]
("Party A")
**and**
**[Party B Name]**
Address: [Party B Address]
Email: [Party B Email]
("Party B")
## 1. **Purpose**
The purpose of this Agreement is to set forth the terms and conditions under which the parties agree to submit any disputes arising out of or related to their relationship to binding arbitration.
## 2. **Scope of Arbitration**
The parties agree that any and all disputes, claims, or controversies arising out of or related to this Agreement or the rights and obligations of the parties hereunder shall be resolved by arbitration in accordance with the terms of this Agreement.
## 3. **Arbitration Procedure**
1. **Arbitrator Selection**: The arbitration shall be conducted by a single arbitrator mutually agreed upon by the parties. If the parties cannot agree within [number of days], then each party shall select one arbitrator, and those two arbitrators shall select a third arbitrator.
2. **Rules Governing Arbitration**: The arbitration shall be conducted in accordance with the [name of arbitration rules, e.g., “American Arbitration Association (AAA)” or “International Chamber of Commerce (ICC) Rules”].
3. **Location**: The arbitration shall take place in [City, State].
4. **Arbitrator’s Authority**: The arbitrator shall have the authority to award any remedy or relief that the arbitrator deems just and equitable under the circumstances, provided that such remedies are consistent with this Agreement.
5. **Confidentiality**: The arbitration proceedings and any materials exchanged during the proceedings shall be confidential unless agreed otherwise by the parties in writing.
## 4. **Costs and Fees**
The parties shall mutually bear the costs of the arbitration. Each party shall be responsible for its own legal fees and expenses, unless otherwise determined by the arbitrator.
## 5. **Governing Law**
This Agreement shall be governed by and construed in accordance with the laws of the State of [State], without regard to its conflict of law principles.
## 6. **Severability**
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
## 7. **Entire Agreement**
This Agreement constitutes the entire agreement between the parties concerning arbitration and supersedes all prior negotiations and agreements, whether written or oral.
## 8. **Modification**
Any amendments or modifications to this Agreement must be in writing and signed by both parties.
## 9. **Acknowledgment**
By signing below, both parties acknowledge that they have read and understood this Agreement, and that they agree to be bound by its terms.
**IN WITNESS WHEREOF**, the parties hereto have executed this Arbitration Agreement as of the date first above written.
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**[Party A Name]**
Signature: __________________________
Name: [Printed Name]
Title: [Title]
Date: _______________________________
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**[Party B Name]**
Signature: __________________________
Name: [Printed Name]
Title: [Title]
Date: _______________________________
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*This document is provided for informational purposes only and does not constitute legal advice. Please consult with a qualified attorney for specific legal assistance.*