Our attorney-drafted arbitration agreement template helps settle a dispute without the hassle of court proceedings. Simplify the dispute resolution.Arbitration agreements are often treated as "onesizefitsall" precedents which are included in commercial contracts without much thought. This Arbitration Agreement is a contract between two parties in which the employee agrees to bring any legal disputes against the employer to arbitration. Individuals and companies enter into a mutual agreement to arbitrate claims as a means for keeping their disputes and resolutions out of the courts. Mediation and Arbitration. In the Event of a legal issue, I agree to engage in good faith efforts to mediate any dispute that might arise. (a) The method of appointment of arbitrators is as specified in the agreement to arbitrate.