Submission Agreement Sample With Sole Proprietor In Franklin

State:
Multi-State
County:
Franklin
Control #:
US-0010BG
Format:
Word; 
Rich Text
Instant download

Description

The Arbitration Submission Agreement is a formal contract between a claimant and a respondent aimed at resolving disputes through binding arbitration in Franklin. This agreement outlines essential details such as the selected arbitrator, location of arbitration, associated fees, and rules governing the procedure. Key features include stipulations on arbitrator's powers, opportunity for parties to present evidence, and the ability for each party to have legal representation. For parties in litigation or those opting for arbitration outside of court, this form serves as a clear framework to ensure fairness and efficiency in proceedings. The agreement also addresses cancellation and modification procedures, ensuring both parties are clear on their responsibilities and the finality of the award. Intended primarily for attorneys, paralegals, and legal assistants, this document provides necessary structure and guidance to effectively navigate the arbitration process. It benefits partners and owners who wish to resolve disputes while minimizing costs and time typically associated with litigation.
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FAQ

A sole proprietorship is a non-registered, unincorporated business run solely by one individual proprietor with no distinction between the business and the owner. The owner of a sole proprietorship is entitled to all profits but is also responsible for the business's debts, losses, and liabilities.

You will not be charged a separate maintenance for any accounts with Fiduciary Trust International of the South (FTIOS), the custodian for retirement plans offered by Franklin Templeton, unless they are in a differing retirement plan type.

Contact your financial professional, visit franklintempleton or call us at (800) 527-2020.

For assistance with completing forms and documents, please contact your financial professional or Franklin Templeton Retirement Services at (800) 527-2020.

Complete the MFS SIMPLE IRA Application, available from your financial professional, mfs, or by calling MFS at 1-800-637-1255, to set up your own account.

Submission Agreement: The Submission Agreement lists the parties in the arbitration case and confirms that FINRA will administer it. It also establishes that, if the case ends with a hearing, the parties all agree to abide by the arbitrators' decisions.

We noted that arbitration clauses are made before any dispute arises. Submission agreements, however, are agreements to arbitrate made after the dispute has arisen.

A “submission agreement” (also called an “agreement to arbitrate”) is a written agreement between two parties that establishes the use of arbitration to settle a dispute (or any and all disputes) that may arise between them.

A “submission agreement” (also called an “agreement to arbitrate”) is a written agreement between two parties that establishes the use of arbitration to settle a dispute (or any and all disputes) that may arise between them.

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Submission Agreement Sample With Sole Proprietor In Franklin