Below are a number of model arbitration clauses from various arbitral institutions that can be used to provide for arbitration in Atlanta. In the event of termination prior to contract completion, Buyer shall pay all costs, overheads and reasonable profit for materials purchased and work performed.Presumably, in the vast majority of disputes, courts will enforce contractual arbitration clauses under either the FAA or state counterparts. So Titan's claims against the appellants were not related to the purchase agreement, which contained the arbitration clause upon which the appellants relied. Arbitration agreements are often treated as "onesizefitsall" precedents which are included in commercial contracts without much thought. The decision of the arbitrator shall be final and binding on the parties, and judgment thereon may be entered in a court of competent jurisdiction.