IMPORTANT LEGAL NOTICE
This Arbitration Agreement contains a binding arbitration clause and class action waiver. It affects your legal rights. Please read it carefully.
You and OLLEVA OLLEVA Moto Auctions LLC agree to resolve any dispute, claim, or controversy arising from or relating to these Terms, the Platform, or any transaction through binding arbitration, rather than in court, except as set forth below.
You are giving up your right to have a trial by jury.
You are giving up your right to participate in a class action or representative action.
This arbitration agreement applies to all disputes, including but not limited to:
3.1 Administering Organization
Arbitration shall be administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules, or by JAMS under its Comprehensive Arbitration Rules, as mutually agreed by the parties. If neither organization is available, the parties shall mutually select an arbitrator.
3.2 Initiating Arbitration
To initiate arbitration, send written notice to: OLLEVA OLLEVA Moto Auctions LLC, Legal Department, [Address], or legal@ollevamotoauctions.com. The notice must describe the dispute and the relief sought.
3.3 Single Arbitrator
The arbitration shall be conducted by a single, neutral arbitrator. The arbitrator must be a retired judge or attorney with expertise in commercial or consumer disputes.
3.4 Location and Format
For claims under $25,000, the arbitration may be conducted: (1) based on documents submitted to the arbitrator; (2) through a telephonic or videoconference hearing; or (3) by an in-person hearing in the county where you reside or another mutually agreed location. For claims over $25,000, the arbitration format will be determined by the arbitrator.
3.5 Discovery
Discovery shall be limited to what is reasonably necessary to resolve the dispute, as determined by the arbitrator. The arbitrator may order depositions, document production, and interrogatories as appropriate.
3.6 Decision and Award
The arbitrator will issue a written decision stating the essential findings and conclusions. The decision is binding and final, except for limited appeal rights under the Federal Arbitration Act. Judgment on the award may be entered in any court of competent jurisdiction.
Notwithstanding the above, the following disputes are exempt from arbitration:
YOU AND MOTO AUCTIONS AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, REPRESENTATIVE, OR PRIVATE ATTORNEY GENERAL ACTION.
The arbitrator may not consolidate more than one person's claims and may not preside over any form of representative, class, or private attorney general proceeding. The arbitrator may award relief only in favor of the individual party seeking relief and only to the extent necessary to resolve that party's individual claim.
If a court determines that the class action waiver is unenforceable as to any particular claim or request for relief, that claim or request must be severed from the arbitration and brought in court, while other claims remain in arbitration.
6.1 Arbitration Costs
Each party is responsible for its own attorneys' fees and costs, except as otherwise provided by applicable law or awarded by the arbitrator.
6.2 Filing Fees
For claims under $25,000, we will pay all arbitration filing fees. For claims over $25,000, filing fees are governed by the arbitration organization's rules. We will not seek reimbursement of our attorneys' fees unless the arbitrator determines your claim was frivolous.
6.3 Prevailing Party
If permitted by law, the arbitrator may award reasonable attorneys' fees and costs to the prevailing party.
Arbitration proceedings are confidential. The parties agree to maintain the confidentiality of the arbitration, including testimony, documents, and the arbitrator's award, except as necessary to enforce or challenge the award, or as required by law.
This Arbitration Agreement and any arbitration proceedings are governed by the Federal Arbitration Act (9 U.S.C. § 1 et seq.), not state arbitration laws. Substantive law governing the dispute is set forth in the Terms of Service.
If any provision of this Arbitration Agreement is found to be unenforceable, the remaining provisions remain in effect, except that if the class action waiver is found unenforceable as to a particular claim, that claim (and only that claim) must be brought in court and severed from arbitration.
This Arbitration Agreement survives termination of your account or use of the Platform. It applies to claims arising before, during, or after your relationship with us.
You have the right to opt out of this Arbitration Agreement by sending written notice within 30 days of first accepting these Terms. To opt out, send a signed written notice to:
OLLEVA OLLEVA Moto Auctions LLC
Attention: Arbitration Opt-Out
[Address]
Email: arbitration-optout@ollevamotoauctions.com
Your notice must include: (1) your name; (2) your email address associated with your account; (3) a clear statement that you wish to opt out of the Arbitration Agreement. If you opt out, you and we will retain all other rights and obligations under the Terms.
Opting out of arbitration does not opt you out of the class action waiver. If you opt out, disputes will be resolved in court, but you still waive class action participation.
We may modify this Arbitration Agreement in accordance with the Terms of Service modification procedures. Changes apply to disputes arising after the effective date of the change. For existing disputes, the version in effect when the dispute arose governs.
Your Rights
By agreeing to arbitration, you do not give up substantive rights or remedies. You retain the right to pursue claims and defenses available under applicable law. You only give up the right to pursue those claims and defenses in court before a judge or jury, and the right to participate in class actions.
If you have questions about this Arbitration Agreement, contact us at legal@ollevamotoauctions.com before using the Platform.
For questions regarding this document, please contact our support team.