Small Business Partnership Arbitration Agreement
This Arbitration Agreement (“Agreement”) is entered into as of
by and between the following partners:
(Collectively, the “Partners”)
1. Purpose
The Partners agree that any and all disputes, claims, or controversies arising out of or relating to the partnership, including but not limited to matters regarding the partnership agreement or the business, shall be resolved exclusively and finally by binding arbitration.
2. Scope of Arbitration
This Agreement applies to any dispute, claim, or controversy arising between the Partners in connection with the partnership, including without limitation contract, tort, statutory, or equitable claims.
3. Arbitration Process
- The arbitration shall be conducted in accordance with the rules of:
- The place of arbitration shall be:
- The decision and award of the arbitrator(s) shall be final and binding upon all Partners.
4. Severability
If any part of this Agreement is found invalid or unenforceable, the remaining provisions shall continue in full force and effect.
5. Acknowledgment
The Partners acknowledge that they have read, understood, and voluntarily agreed to the terms of this Arbitration Agreement.