The Supplementary Arbitration Agreement shall from tl1e date of its signing form pat. T and parcel of the Main Contract Agreement. 4.Arbitration agreements are often treated as "onesizefitsall" precedents which are included in commercial contracts without much thought. An arbitration agreement is a pre-condition for commencement of arbitral proceedings. The following sections provide a general overview of the issues involved in drafting an arbitration agreement. An arbitration agreement must be in writing, though it may be in the form of an arbitration clause in a contract or as a separate agreement. List the names and addresses of the parties; Specify the amount of money involved; Describe the proposed solution. An arbitration agreement must be in writing, though it may be in the form of an arbitration clause in a contract or as a separate agreement. Method of dispute resolution in the contract. (2) An arbitration agreement may be in the form of an arbitration clause in a contract or in the form of a separate agreement.