Closed End Motor Vehicle Lease Agreement Template (Page 2 of 2) in pdf

Closed End Motor Vehicle Lease Agreement Template Page 2

subject to a final determination by the arbitrators of a fair apportionment of costs. Any arbitration under this

Arbitration Clause shall be governed by the Federal Arbitration Act (9 U.S.C. § 1 et. seq.) and not by any

state law concerning arbitration.

You and we retain any rights to self-help remedies, such as

repossession. You and we retain the right to seek remedies in small claims court for

disputes or claims

within that court’s jurisdiction, unless such action is transferred, removed or appealed to a different court.

Neither you nor we waive the right to arbitrate by using self-help remedies or filing suit. Any court having

jurisdiction may enter judgment on the arbitrator’s award. This Arbitration Clause shall survive any

termination, payoff or transfer of this contract. If any part of this Arbitration Clause, other than waivers of

class action rights, is deemed or found to be unenforceable for any reason, the remainder shall remain

enforceable. If a waiver of class action rights is deemed or found to be unenforceable for any reason in a

case in which class action allegations have been made, the remainder of this Arbitration Clause shall be

unenforceable.

Lease-AL, GA, NC, SC__WOFCO Form #3310 (12-2013)

Closed End Motor Vehicle Lease Agreement Template Page 2