For myself, and where I am, I know this clause to be non-binding. And it in fact invalidates the entire agreement because it tries to enforce something that is

For myself, and where I am, I know this clause to be non-binding. And it in fact invalidates the entire agreement because it tries to enforce something that is not considered to be legal (forced arbitration). (Some places may only invalidate that particular section, however the precedent here is an invalidation of the entire contract). I don't really have any interest in going down that particular road, but that's one of the hiccups these sorts of contracts hit when faced with real world legalities.