You must complete the Request for Arbitration form and send it, along with copies of all documents requested in the form, to the Office of the Attorney General. An arbitration agreement is a provision in a contract that stipulates that any disputes arising from the contract will be resolved through arbitration.Arbitration is a quicker and less expensive option than litigation. Should you be involved in a dispute, you will need an experienced arbitrator. (2) "Arbitrator" means an individual appointed to render an award, alone or with others, in a controversy that is subject to an agreement to arbitrate. An arbitration agreement can appear in any contract between two parties.