Alan Goldstein & Associates, Inc.

10691 N. Kendall Dr. Ste. 105, Miami, FL 33176

Phone: 305-270-9780 Fax: 1-305-359-5172

Lobbying - Mediation - Arbitration - Receiver

“Arbitration” means a process whereby a neutral third person or panel, called an arbitrator or arbitration panel, considers the facts and arguments presented by the parties and renders a decision which may be binding or nonbinding as provided in chapter 44 of Florida Statutes. Arbitration is moderately expensive and can take 3-6 months to completion.

Sample AAA arbitration clause.

In the event of any dispute, claim, question, or disagreement

arising from or relating to this agreement or the breach

thereof, the parties hereto shall use their best efforts to settle

the dispute, claim, question, or disagreement. To this

effect, they shall consult and negotiate with each other in

good faith and, recognizing their mutual interests, attempt

to reach a just and equitable solution satisfactory to both

parties. If they do not reach such solution within a period

of 60 days, then, upon notice by either party to the other,

all disputes, claims, questions, or differences shall be

finally settled by arbitration administered by the American

Arbitration Association in accordance with the provisions

of its Commercial Arbitration Rules.