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.
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 is a contract between two parties that establishes the use of arbitration to settle any disputes that may arise between them. This type of contract is used when the contract parties have an agreement that does not already provide arbitration as an option for dispute resolution.
Yes. Even a single-member LLC needs an operating agreement. It's a common belief that, with only one member, such an agreement might be unnecessary. However, having this document offers legal protection and clarity.
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.