The Delaware Agreement to Arbitrate is a contract between two parties that outlines the procedure for resolving disputes through arbitration instead of litigation. It is commonly used in Delaware to address disputes between business entities or individuals within the state. The agreement typically includes provisions regarding the selection of an arbitrator, the scope of the arbitration, the venue, the cost of arbitration, and confidentiality during the proceedings. There are two main types of Delaware Agreement to Arbitrate: Mandatory Arbitration Agreement and Voluntary Arbitration Agreement. A Mandatory Arbitration Agreement is required by law in Delaware and must be signed by both parties before any contract is finalized. It mandates that any disputes arising from the contract must be resolved through arbitration. A Voluntary Arbitration Agreement is a contract between two parties that mutually agree to submit to arbitration in the event of a dispute. Both types of agreements provide a speedy and cost-effective way to resolve disputes, while protecting the rights of the parties involved.