[Conditional Election - corresponds to the second of TULIP’s five points, Unconditional Election]
That God, by an eternal and unchangeable purpose in Jesus Christ his Son before the foundation of the world, has determined that out of the fallen, sinful race of men, to save in Christ, for Christ’s sake, and through Christ, those who through the grace of the Holy Spirit shall believe on this his son Jesus, and shall persevere in this faith and obedience of faith, through this grace, even to the end; and, on the other hand, to leave the incorrigible and unbelieving in sin and under wrath and to condemn them as alienated from Christ, according to the word of the Gospel in John 3:36: “He that believes on the Son has everlasting life: and he that does not believe the Son shall not see life; but the wrath of God abides on him,” and according to other passages of Scripture also.
I think it's fair to say that Arminians put less emphasis on the Sovereignty of God than Calvinists, and that some Arminians (the Open Theists) deny the Sovereignty of God.