Commercial Lease Arbitration Clause

1. Arbitration

Any dispute, controversy, or claim arising out of or relating to this Lease, or the breach, termination, or validity thereof, shall be resolved by arbitration in accordance with the following provisions.

2. Governing Rules

The arbitration shall be conducted in accordance with the rules of

3. Selection of Arbitrator(s)

The arbitral tribunal shall consist of

4. Location and Language

The place of arbitration shall be

The language of the arbitration shall be

5. Binding Effect

The decision and award of the arbitrator(s) shall be final and binding upon the parties and may be entered and enforced in any court of competent jurisdiction.

6. Costs

The costs of arbitration, including legal fees and expenses, shall be allocated as determined by the arbitrator(s).

7. Confidentiality

All proceedings, information, and documents relating to the arbitration shall be kept confidential by the parties and arbitrator(s), except as may be required by law.