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Letter for Arbitration Agreement


This document has important legal consequences. You should seriously consider having it reviewed by an attorney before signing.


ARBITRATION AGREEMENT

This is an agreement between Abc Company, of <Company Full Address> ("<Company Short Name>") and <Other Party>, of <Full Address> ("<Party Short Name>").

WHEREAS <Company Short Name> and <Party Short Name> have previously executed an Agreement dated <original agreement date> ("Original Agreement").

WHEREAS both parties desire and intend to resolve all disputes arising from and under said Original Agreement through arbitration.

NOW THEREFORE, <Company Short Name> and <Party Short Name> hereby agree that any controversy, dispute or claim arising out of or relating to the Original Agreement, or the breach thereof, shall be settled by arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association, and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.

In any action or suit to enforce any right or remedy under this Agreement or to interpret any provision of this Agreement, the prevailing party shall be entitled to recover its costs, including reasonable attorney's fees.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement.


For Abc Company:



______________________________________ Date: _______________


Name: _________________________ Title: ______________________



For <Other Party>:


______________________________________ Date: _______________


Name: _________________________ Title: ______________________








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