You must complete the "Claimant" and "Respondent" portions on the front of a Submission Agreement. In the blank spaces provided for the claimants' names, you.Arbitration clause is a contractual clause that specifies arbitration as the method for resolving disputes, avoiding court litigation. Our attorney-drafted arbitration agreement template helps settle a dispute without the hassle of court proceedings. Simplify the dispute resolution. Except as provided herein, each party agrees that such arbitration is its exclusive remedy and expressly waives any right to seek redress in any other forum. Individuals and companies enter into a mutual agreement to arbitrate claims as a means for keeping their disputes and resolutions out of the courts. This Arbitration Agreement template is available for use on UpCounsel. Note: Often, the Demand for Arbitration only specifies a category designation or provides a one- line description of the claim(s). Arbitration is a alternative dispute resolution (ADR) in which an arbitrator renders a decision to resolve a dispute between parties.