Model arbitration clause.

Model Clause — Named Sole Arbitrator Any dispute, controversy or claim arising out of or relating to this Agreement, or the breach, termination or validity thereof, shall be finally resolved by binding arbitration administered by [the American Arbitration Association / JAMS] under its [Commercial Arbitration Rules], by a sole arbitrator. The parties agree that Michael Tein shall serve as the sole arbitrator, provided he is available and free of conflicts at the time a dispute arises; if he is unavailable, an arbitrator shall be selected in accordance with the administering institution's rules. The seat of arbitration shall be Miami, Florida. The language of the arbitration shall be English. Judgment upon the award may be entered in any court having jurisdiction thereof.

Model Clause — Panel with Party Appointment Any dispute shall be resolved by arbitration before a panel of three arbitrators. Each party shall appoint one arbitrator, and the two party-appointed arbitrators shall jointly select a chair. [Party] designates Michael Tein as its party-appointed arbitrator, subject to disclosure and any objection permitted under the administering institution's rules.