Arbitration Agreement

PandaTip: Most agreements have an arbitration clause, which states that any disagreements related to the
agreement must be resolved not in a court of law, but through a neutral arbitrator. This template serves to
govern the terms of such arbitration.

This arbitration agreement is by and between the following parties:

[Party1.Company], with offices at [Party1.Address], AND

[Party2.Company], with offices at [Party2.Address].

This agreement is intended to govern the arbitration process for disputes related to the following agreements:

Both parties agree to the following terms and conditions:

Terms and Conditions

Arbitrators
PandaTip: The neutrality of an arbitrator is central to the process’ integrity. This section of the template
identifies an arbitrator that both parties trust to remain impartial.

The following individuals have been chosen to provide counsel and arbitration for this agreement. No third
party individuals shall be included in this arbitration agreement unless prior written consent between the parties
has been obtained.

Arbitrator Name: [Arbitrator.Name]

Arbitrator Address: [Arbitrator.Street] [Arbitrator.City], [Arbitrator.State] [Arbitrator.Zip]
Arbitrator Phone: [Arbitrator.Phone]

Pleadings
All demands with regard to this arbitration agreement will be listed below in a clear statement understandable
by all parties.

The factual and legal issues that remain to be decided are:

Source Code License Agreement Template1

(Insert Multi-Line Text Field)

At the present, the parties to this arbitration agreement are unable to come to mutual agreement regarding the
issues listed above. In the sections below, the Parties enter their positions regarding the issues at hand.

PandaTip: To move proceedings along quickly, each party should use the template’s text fields below to
thoroughly document their position as it relates to the conflict at hand.

Party 1:
Source Code License Agreement Template1
(Insert multi-line text field)

Party 2:
Source Code License Agreement Template1
(Insert multi-line text field)

PreHearing
PandaTip: This section of the template calls for a prehearing. The purpose of this hearing is to allow both
parties to state their positions and present any arguments or evidence that supports their claims.

The arbitrators may set up a conference prior to the hearing to clarify any and all claims and defenses.

This conference will take place with prior notification no later than 30 days before the conference date.

Discovery
No other discovery other than those listed below will be allowed during this hearing unless discovery is made
by the arbitrator or is found to have good cause.

Excluding information that may lead to impeachment each party will be responsible for disclosing the following
information

The names and addresses of any parties that may have information used to support the claims and defenses
within this agreement.
Any documentation that may be used to support such claims and defenses
Any damages calculations that may be used
Each expert witness must produce a written statement with all opinions and factual evidence that will be
expressed during the term of the hearing as well as the reasoning behind such conclusions.
Discovery Dispute
If any disputes shall occur over any items listed in the discovery both parties shall use good faith to attempt to
resolve said disputes.

In the instance that the parties cannot come to an agreement they may result in the arbitrator ruling out disputed
issues from the hearing all together.

Final Hearing
PandaTip: The template sets a firm date for the final arbitration hearing. This ensures that the issues at hand are
resolved in a timely manner.

The final hearing for this arbitration agreement is scheduled to take place within 6 months of the appointment of
both arbitrators.

The final hearing shall take place in [Hearing.City], [Hearing.State] as agreed between both parties.

Award
Should any awards, financial or otherwise, be granted by the arbitrator, such awards shall be delivered to the
entitled party within 30 days of the arbitrator’s ruling.

Sanctions
The Arbitrators involved in this agreement may impose any deemed necessary sanctions against either party, or
the parties lawyers for failure to comply with any and all terms and conditions in this arbitration agreement.

Costs and Fees

PandaTip: Arbitration is designed to benefit both parties by saving time and expense. As a result, the parties
involved typically agree to share any costs stemming from the proceedings equally. If that is not the case, you
can edit this section of the template to reflect how you’ll share the costs.

Both parties will split any and all arbitration fees and expenses equally unless a written agreement has been
signed by both parties stating otherwise.
All attorney fees and expenses will be the responsibility of the hiring party.

The party who retains a court reporter will be responsible for such costs.

No Invalidation
Violation of or failure to uphold any single article of this arbitration agreement shall not constitute cancellation
or waiver of any additional articles of this agreement.

Confidentiality
PandaTip: Using public opinion to put pressure on the other party happens too often when two parties have a
disagreement. This section of the template explicitly prevents either party from revealing any information
related to the issue at hand or any related agreements until the arbitrator has made a final ruling.

Until a judgment has been entered or an agreement has been reached, neither party nor their counsel may reveal
any information pertaining to this arbitration agreement or related to the arbitration proceedings publicly.

Once the arbitrators have ruled on the matter at hand, the results of the hearing may not be disclosed to third
parties without written approval from both parties.

Any information made public without the agreement or knowledge of all participating parties may result in
termination of this agreement as well as further action.

Applicable Law
The parties agree that the matters at hand shall be judged in accordance with the laws of [Hearing.City],
[Hearing.State], in addition to any applicable Federal Regulations.

Agreement
PandaTip: You and the opposite party can sign this arbitration agreement template electronically using the
signature fields below.

By signing below, both parties are in understanding and agreement to the terms and conditions mentioned
above.

Client 1
Exclusivity Agreement Template1
Signature

Client 2
Exclusivity Agreement Template1
Signature