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In the event a dispute shall arise between the parties to this [contract, lease, etc.], it is hereby agreed that the dispute shall be referred to United States Arbitration & Mediation for arbitration in ance with United States Arbitration & Mediation Rules of Arbitration.
Sample Construction Clause The parties agree that any claim or dispute relating to this agreement, as well as any other matters, disputes, or claims between them, shall first be Mediated and/or Arbitrated in an attempt to resolve any and all issues. Initially, the parties agree to consider mediating the dispute.
Examples of alternative dispute resolution include mediation and arbitration, both of which avoid the courtroom while attempting to resolve disputes between two parties.
An enforceable dispute resolution clause states commitment/agreement of the parties to the contract to submit to a process by which disputes between parties to a contract will be resolved.
"The parties shall attempt to resolve any dispute arising out of or relating to this contract through negotiations between senior executives of the parties, who have authority to settle the same.
The most common ADR methods are negotiation, mediation, conciliation, arbitration, and private judging.