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Settlement By Arbitration
SETTLEMENT BY ARBITRATION
The following shall apply as a legally binding addendum to the contract made between [First Party's Name] and [Second Party's Name] on [Date of agreement].
Any and all claims or controversy that may be attributed to the contractual agreement, including breach of agreement, will be settled by arbitration according with established rules utilizing the American Arbitration Association, and then judgment may be entered into a court of law.
Signature Dated
Signature Dated