Our attorney-drafted arbitration agreement template helps settle a dispute without the hassle of court proceedings. Simplify the dispute resolution.There are three different types of arbitration agreements, namely: 1. Arbitration clauses; 2. It is recommended that parties wishing to make reference to ICC Arbitration in their contracts use the standard clause below. Standard ICC Arbitration Clause. An arbitration agreement is used when a dispute arises between two parties that cannot be resolved through mutual negotiation. Fill out the form below to receive more information on our Rate Structures: First Name(Required). Last Name(Required). Company. Email(Required). Message. Standard Clause: In the event of a dispute, each party must appoint an arbitrator within 7 (seven) days of the date of the dispute.