This alternative dispute resolution method employs a neutral thirdparty arbitrator who hears the case and decides the final legal resolution. To participate in the New York State Auto Leasing Excess Wear and.Damage Arbitration Program, you must complete the attached form. Be. What is an Arbitration Agreement? An arbitration agreement is a promise to resolve most legal disputes in private arbitration rather than in a court of law. Check your contract (agreement) or plan to confirm jurisdiction. Mandatory arbitration agreements requiring confidentiality undermine the government's ability to enforce worker protection laws. I've been filling out all the paperwork and there is a mutual arbitration agreement. It does include an option to "opt out.