Arbitration Agreement
A standard arbitration agreement between two companies. This document belongs to the Contracts category.
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ARBITRATION AGREEMENT
This Arbitration Agreement (the "Agreement") is made the [DATE].
BETWEEN: [COMPANY_A], (the "Party A") as represented by [DIRECTORS_A], a company registered under Companied and Allied Matters Act 1990, with its registered office located at [ADDRESS_A]:
AND: [COMPANY_B] (the "Party B"), a company registered under Companied and Allied Matters Act 1990, with its registered office located at [ADDRESS_B]:
In consideration of the terms and covenants of this agreement, and other valuable consideration, the parties agree as follows:
1. MATTERS TO BE SUBMITTED TO ARBITRATION
All disputes and controversies of every kind and nature between the parties to this agreement arising out of or in connection with the general agreement to which this arbitration Agreement relates as to the existence, construction, validity, interpretation or meaning, performance, nonperformance, enforcement, operation, breach, continuance, or termination of the agreement shall be submitted to arbitration pursuant to the procedure set forth in this agreement.
2. PROCEDURE
Either party may demand such arbitration in writing within [NOTICE_DAYS] days after the controversy arises, which demand shall include the name of the arbitrator appointed by the party demanding arbitration, together with a statement of the matter in controversy.
a. Within [NOTICE_DAYS] days after such demand, the other party shall name [HIS OR HER] arbitrator, or in default of such naming, such arbitrator shall be na...
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