Arbitration provisions are therefore unenforceable when they wholesale preclude prevailing parties from recovering their attorney's fees in arbitration. Threshold questions that must be analyzed include: 1) whether federal or state law will govern the procedural and substantive aspects of the agreement.An arbitration clause in a contract is binding on a thirdparty beneficiary and can compel the thirdparty to participate in arbitration. Mediation agreements are enforceable. A mediated agreement allows you and the other person or party to reach flexible solutions to your dispute. MLS Rules and Governing Documents; agreement to arbitrate disputes with other Participants; and, payment of any SEFMLS dues, fees, and charges. The President of the Association, if a County employee, shall be released from duty with pay to administer this agreement. This revised code was intended to foster greater understanding of the arbitration process and promote various requirements of due process. Y. Seller's Attorney Approval. In the event agreement is not reached, the.