Common use of Acknowledgment of Arbitration Clause in Contracts

Acknowledgment of Arbitration. In accordance with 12 V.S.A. § 5652(b) the Board and the Union understand that this Agreement contains an agreement to arbitrate. After signing this Agreement, the Board and the Union understand that they will not be able to bring a lawsuit concerning any dispute that may arise which is covered by the arbitration agreement, unless it involves a question of constitutional or civil rights. Instead, the parties agree to submit any such dispute to an impartial arbitrator in accordance with the provisions contained in Article 12, Grievance Procedure.

Acknowledgment of Arbitration. In accordance with 12 V.S.A. § 5652(b) the Board and the Union Association understand that this Agreement contains an agreement to arbitrate. After signing this Agreement, the Board and the Union Association understand that they will not be able to bring a lawsuit concerning any dispute that may arise which is covered by the arbitration agreement, unless it involves a question of constitutional or civil rights. Instead, the parties agree to submit any such dispute to an impartial arbitrator in accordance with the provisions contained in Article 12, Grievance Procedure.