The provisions of section 132 of this subchapter shall not apply to any written franchise containing provisions for the binding arbitration of disputes concerning the terms covered in section 132 in accordance with the rules of the American Arbitration Association or other similar rules; provided, that the criteria for determining whether good cause existed for the termination, cancellation, or refusal to renew the written franchise shall be no less than that outlined in section 132 of this subchapter; and, provided further, that the allowable compensation to a franchisee terminated for other than good cause shall be no less than that provided in section 135.