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Hello, this is Jim and I am a dual-qualified lawyer (UK and Republic of Ireland) and happy to help you today.
There is no reason in law why you can't do this, i.e. wait for the outcome of the arbitrator's decision (their decision is binding on the parties and as there is a dispute, it makes no sense to sign the contract until the decision is known). Let me know if you want me to look at the contract with any further queries you may have.
I hope this helps – if you can please rate the answer by clicking the 5 stars (the top of your screen & then click “submit”), I can answer follow up Q&A's at no extra charge and I will be credited for helping you today.
Hi, please let me know if any of what I have said requires clarification. I am happy to help. In the meantime if you could either leave a rating and click “submit”, or confirm that I have answered your question for you, I would be very grateful.