__________ and ______
agree:
For
a sufficient consideration, the receipt of which is acknowledged, the parties
shall submit to binding arbitration any and ah disputes which they have have
now whether mature or unmatured, whether legal, equitable, statutory,
contractual or tortious in nature, together with any disputes which they may
have in the future.
Such
arbitration shall be under the rules of American Arbitration Association, and
shall be heard by a panel of 3 arbitrators. Such arbitration shall be final and
conclusive and the arbitrators award may be entered as ajudgment in any court
withjurisdictíon todo so.
Despite
any future agreement which may be made between the parties which may contain an
integration clause, tbis agreement shall be deemed to be a part thereof wbether
or not specifically incorporated in aily future agreements.
The
arbitrators shall have the discretion to award legal costs and fees, including
counsel fees, in any award as they may by tbeir discretion determine to be
just.
Dated: _________________________________.
_______________________ _________________________
WITNESS
WITNFSS
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