There are three changes to the clause below. 48.2 has to be a bracketed option for those who do not want to consider arbitration at all – just agreeing to mediate or go to collab. 48.1 has to contain an option to go straight to arbitration. And then 48.2 has to have “under the terms of [48.1] above” inserted to allow for the rare situation where people agree to try mediation first and then arb if that fails.