Vendor-Supplier Arbitration Agreement

This Vendor-Supplier Arbitration Agreement (“Agreement”) is entered into as of by and between:

1. Purpose

The parties agree that any dispute, claim, or controversy arising out of or relating to any aspect of this arrangement shall be resolved by binding arbitration.

2. Scope of Agreement

This Agreement applies to any disputes between the parties concerning the vendor-supplier relationship, including, but not limited to, issues of payment, quality, delivery, and performance.

3. Arbitration Process
  1. The arbitration shall be conducted in accordance with the rules of (arbitration institution).
  2. The place of arbitration shall be .
  3. The number of arbitrators shall be .
  4. The language of arbitration shall be .
4. Governing Law

This Agreement shall be governed by the laws of .

5. Confidentiality

The arbitration proceedings and outcome shall be confidential.

6. Costs

The costs of the arbitration shall be borne as agreed by the parties or as determined by the arbitrator.

7. Entire Agreement

This Agreement constitutes the entire understanding between Vendor and Supplier regarding arbitration and supersedes all prior agreements.

IN WITNESS WHEREOF

The parties have executed this Agreement as of the date first written above.

Vendor

Name:
Title:
Signature:

Date: 		Supplier

Name:
Title:
Signature:

Date: