Arbitration Agreement

FantasyCraft Market Arbitration Agreement

This Arbitration Agreement outlines the specific terms and conditions governing any and all disputes or claims that might arise between you, the user, and FantasyCraft Market ("the project owner"). By using our services, you agree to these terms and conditions as set forth below.

1. Definition and Scope: Arbitration is a method of resolving disputes in front of one or more neutral third parties, rather than in a court of law. The parties agree that any dispute arising out of or related to their relationship; the services provided by FantasyCraft Market, or this Agreement will be resolved by binding arbitration.

2. Voluntariness: Entering into this Arbitration Agreement is entirely voluntary. Both parties mutually consent to resolve disputes through this method rather than through the court system.

3. Procedure for Initiating Arbitration: Should any dispute arise, the initiating party must notify the other party of their desire to commence arbitration by sending a detailed written notice of their claim to info@fantasycraft-market.com . This email is the exclusive mode of communication for such matters between the parties.

4. Selection of the Arbitrator: The arbitrator will be selected in accordance with the laws and regulations of Slovakia. Both parties agree that the chosen arbitrator will have the exclusive power to decide any disputes.

5. Location of Arbitration: The arbitration proceedings will take place within Slovakia, at a location deemed appropriate by the arbitrator.

6. Governing Law: This Arbitration Agreement and the proceedings hereunder will be governed by Slovakian laws unless both parties mutually agree on different terms in writing.

7. Confidentiality: All arbitration proceedings and decisions will be kept strictly confidential unless disclosure is required by law or is necessary to enforce the arbitration award.

8. Fees: If the initiating party's claims against the Company are determined to be without merit or the initiating party is found to be in the wrong, that party will be responsible for all associated arbitration fees and any other costs incurred during the arbitration process. Conversely, if the Company is found to be in the wrong, it will bear all associated fees and costs.

9. Award: The decision made by the arbitrator will be final and binding. It can be enforced in any court having jurisdiction over the parties.

10. Waiver of Class Action: Both parties agree to resolve their disputes on an individual basis and expressly waive the right to initiate or participate in any class action lawsuit or class-wide arbitration.

11. Exceptions: Both parties retain the right to seek injunctive relief in a court of law in Slovakia to prevent ongoing damage or harm.

12. Severability: If any portion of this Arbitration Agreement is deemed unenforceable, the remaining portions will remain in full force and effect.

13. Acknowledgment: By using the services of FantasyCraft Market, the user acknowledges they have read, understood, and agreed to this Arbitration Agreement, and that they're waiving their rights to a jury trial and to participate in class actions.

14. Compensation for False Claims: If a party's claims against the Company are determined to be false or without merit, and the Company is not found in the wrong, the party initiating such claims will be responsible for all costs, fees, and damages incurred by the Company as a result of the false claim and the ensuing arbitration process.

Acknowledgment and Agreement: By using the services provided by FantasyCraft Market, you acknowledge that you have read and understood the terms of this Arbitration Agreement, and you agree to be bound by its terms and conditions.