Agreement To Arbitrate Form
This agreement is intended to constitute the presentation of the dispute by the parties in the context of an arbitration procedure and defines the conditions under which the arbitration is implemented. In addition to any other consideration, the promise of each party to resolve the dispute through arbitration in accordance with the provisions of that agreement, and not by the courts or other bodies, is a reflection on the promise of the other party. Arbitration agreements are generally clauses contained in larger legal documents, such as an employment contract or commercial terms, but can also be stand-alone legal documents. This agreement is the final agreement of the parties. This is the complete and exclusive expression of the agreement reached between the parties on the purpose of this agreement. All prior and simultaneous communications, negotiations and agreements between the parties on the purpose of this agreement are expressly incorporated into and replaced by this agreement. The provisions of this agreement must not be declared, supplemented or qualified by evidence of the use of trade or a previous activity. None of the parties was led to conclude this agreement and neither party is based on statements, representation, guarantee or agreement, except those expressly defined in this agreement. Unless expressly stated in this agreement, there are no conditions for the effectiveness of this agreement.
This agreement of course means that both parties will go into arbitration to resolve a dispute, but you may be wondering what that means. In the event of a dispute, the parties will stop the assistance of a lawyer and the trial will take place in court. The trial is tried by a jury, unless the jury is set aside in favour of a bank trial (where the judge makes the final decision). Arbitrators are not held responsible for an act or omission in respect of a party in arbitration proceedings under this agreement. The descriptive titles of the sections and subsections of this Agreement are simple and have no influence on the structure or interpretation of this Contract.