In the context of a settlement agreement, the parties shall endeavour to each other in order to terminate or avoid any uncertainty or dispute as to what is legally applicable to them, in order to terminate or avoid the assessment and justification of a new legal status between them, to the extent that it differs from their previous legal status. – 2. The assessment and establishment of their new legal status may be carried out on the basis of a joint decision of the parties or a decision taken by one of them or by a third party. – 3. A evidenty agreement is treated as a settlement agreement, insofar as it involves the exclusion of evidence to rebut. – 4. This Title (Title 7.15) does not apply to an arbitration agreement. However, if that decision or the procedure by which it was taken is not acceptable under the standards of adequacy and fairness, the court shall have the power to rule on compensation. .