Forced arbitration or class-action waiver
You are agreeing to resolve disputes with the company through binding individual arbitration, and you are giving up your right to participate in class action lawsuits.
“THESE TERMS CONTAIN A MANDATORY ARBITRATION PROVISION THAT, AS FURTHER SET FORTH IN SECTION 6 BELOW, REQUIRES THE USE OF ARBITRATION ON AN INDIVIDUAL BASIS TO RESOLVE DISPUTES, RATHER THAN JURY TRIALS OR ANY OTHER COURT PROCEEDINGS, OR CLASS ACTIONS OF ANY KIND.”
What that means: You lose your right to sue the company in court and to join class action lawsuits.
You are forced to resolve all disputes with the company through individual arbitration instead of going to court. This means you cannot participate in class action lawsuits.