An arbitration agreement is a provision in a contract that stipulates that any disputes arising from the contract will be resolved through arbitration. Many employers ask employees to sign arbitration agreements, in which they give up their right to sue in court over jobrelated issues.Often included in this stack of new hire paperwork, however, is a document called an "arbitration agreement. An arbitration clause in a contract is binding on a thirdparty beneficiary and can compel the thirdparty to participate in arbitration. Written contracts may contain an arbitration clause. By using such a clause, the parties agree to arbitrate any future disputes. You must complete the Request for Arbitration form and send it, along with copies of all documents requested in the form, to the Office of the Attorney General. Real Estate Referral Agreement Pdf.