Free Arbitration Agreement Template

Party 1: [Full Legal Name], [Address]

Party 2: [Full Legal Name], [Address]

1. Agreement to Arbitrate

The Parties agree that any dispute, claim, or controversy arising out of or relating to [the employment relationship/contract/business transaction], including its interpretation, performance, termination, or alleged breach, shall be resolved exclusively through final and binding arbitration.

2. Governing Rules

The arbitration shall be administered by [Arbitration Institution, e.g., American Arbitration Association (AAA), Judicial Arbitration and Mediation Services (JAMS)] in accordance with its rules in effect at the time of filing.

3. Selection of Arbitrator

A single arbitrator shall be selected by mutual agreement of the Parties. If the Parties cannot agree, the administering institution shall appoint the arbitrator. The arbitrator shall be impartial, independent, and qualified in [field/industry if relevant].

4. Location and Language

Unless otherwise agreed, arbitration shall take place in [City, State/Country], and proceedings shall be conducted in [Language].

5. Costs and Fees

Each Party shall bear its own legal fees and costs, unless otherwise awarded by the arbitrator. Administrative and arbitrator fees shall be allocated in accordance with [institution rules / mutual agreement].

6. Confidentiality

All aspects of the arbitration, including documents, testimony, and award, shall remain confidential and shall not be disclosed to third parties except as required by law or to enforce the award.

7. Authority of Arbitrator

The arbitrator shall have the authority to grant all remedies available at law or equity, including damages, injunctive relief, and specific performance, consistent with applicable law.

8. Binding Effect

The arbitrator's decision shall be final and binding upon the Parties and may be entered as a judgment in any court of competent jurisdiction.

9. Severability

If any provision of this Agreement is found unenforceable, the remaining provisions shall remain valid and enforceable to the fullest extent permitted by law.

10. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of [State/Country], without regard to its conflict-of-law provisions.