Dispute Resolution Agreement Template – US

Confidentiality and Agreement on Dispute Resolution

The information provided here is intended solely for general illustration purposes related to protocols for resolving disputes in contractual settings within the United States. It does not constitute legal advice and should not replace consultation with a qualified attorney experienced in dispute resolution, arbitration, or contractual law. Laws and procedures may differ across jurisdictions, and adjustments may be necessary to ensure adherence to local legal requirements. Responsibility for using this example rests solely with the user, and no liability is accepted for any inaccuracies, omissions, or consequences resulting from its application without professional legal review.

Please note: This is a sample Dispute Resolution Agreement template for the United States, intended for illustrative purposes only. Actual terms may vary depending on specific cases and applicable laws.

Dispute Resolution Agreement Sample (US)

Parties Involved:

Party A: ABC Corporation
Address: 123 Business Rd, New York, NY 10001

Party B: XYZ LLC
Address: 456 Commerce St, New York, NY 10002

Dispute Resolution Method:

Any disputes arising under this agreement shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association (AAA). The arbitration shall take place in New York, NY, and be conducted by a single arbitrator mutually agreed upon.

Arbitration Process:

The parties shall submit their claims and responses in writing, and the arbitration hearing shall be scheduled within 60 days of notice. The arbitrator’s decision shall be final and binding upon both parties.

Governing Law:

This agreement shall be governed by the laws of the State of New York. Any court proceedings related to the arbitration award must be filed within one year of the award date.

Additional Provisions:

• The parties agree to participate in good-faith negotiations before initiating arbitration.
• This arbitration clause is intended to be enforceable under the Federal Arbitration Act.
• Each party shall bear its own costs and attorney’s fees, unless otherwise awarded by the arbitrator.

New York, ______________________