Sample Mediation Clause

The parties have entered into this Agreement as persons who know and
trust one another, and this trust is material to their decision to
enter into this Agreement. As a result, if any dispute, claim or
controversy ("dispute") arises between them, unless otherwise provided
in this Agreement, they agree that they will first attempt to resolve
the dispute by entering into mediation with a mediator selected from
the Panel Members of Colorado Mediators & Arbitrators, LLC
(hereafter "CoMA") . If mediation fails to resolve the dispute, the
parties agree that any and all claims, controversies or disputes
arising from or related to this Agreement, including, but not limited
to those claims, controversies or disputes pertaining to the formation,
construction, performance, applicability, interpretation,
enforceability, or breach of this Agreement, or any claim or assertion
that all or part of this Agreement is void or voidable, shall be
settled by binding arbitration according to the rules of CoMA. Further,
venue for the arbitration proceeding shall be in Denver, Colorado. The
Parties hereto also agree that any award tendered by the arbitrator may
be entered as a judgment in any court in Colorado and enforceable as an
order of said court and the Parties hereby submit to the venue and
jurisdiction of that court for purposes of enforcement of any
arbitration award.