Arbitration Award

1. Arbitrators. We, [names and addresses of Arbitrators], were appointed as Arbitrators pursuant to the attached Agreement [omitted]. Under the authority granted to us by that Agreement, we report:

a. Function of Arbitrators. We have been duly sworn to faithfully and fully hear, examine, and determine the controversy between [name] and [name], described in the attached Agreement. We have taken an oath to apply the principles of law and equity to make a just award to the parties, according to our understanding of the facts and the stipulations and agreements of the parties. This oath [omitted] is attached to and in part of our report.

b. Notice. On [date], we served notice on [name] and [name] that we would meet to hear the controversy and determine an award. This notice fixed the time and place of the meeting. A copy of the notice [omitted] is attached to and is part of our report.

c. Meeting and Adjournment. We met on the appointed date to take evidence, and, on that date, we adjourned the meeting to [date], and gave notice of the adjournment to [name] and [name].

At the adjournment meeting, we hard testimony of sworn witnesses along with other evidence, statements, and arguments of [name] and [name].

2. Determination of Arbitrators. We have examined all the evidence offered in the hearing and have determined the controversy submitted. We find [determination, e.g., there is due by [name] to [name] ---------- dollars ($----------), allowing just claims, deductions, and setoffs, with interest, at the rate of ---------- percent (----------%) per year, from [date] and [name] is entitled to judgment against [name] for this amount].

[dated]

[signatures]

Arbitrators

Contract law requirements

Bankruptcy  Bill of Sale  Construction  Debt  Wills Rent  POA  Trademarks  Notes  How To Prepare Forms

AboutClausesContact UsDisclaimerLink to UsPrivacy PolicyTerms of Use

Twitter Share with Twitter Facebook Share with Facebook Google+ Share with Google+ LinkedIn Share with LinkedIn


© Business Associates Inc