Common use of Arbitration Clause Clause in Contracts

Arbitration Clause. 1. Except for the interpretation and enforcement of injunctive relief pursuant to Paragraph R hereof (which shall be subject to litigation in any court having proper jurisdiction), any claim or dispute related to or arising from this Agreement (whether based in contract or tort, in law or equity) including, but not limited to, claims or disputes between Executive and Company or its directors, officers, employees and agents regarding Executive's employment or termination of employment hereunder, or any other business of Company, shall be resolved by a neutral arbitrator agreed upon by both parties, through mandatory, final, binding arbitration in accordance with the procedural and discovery rules of the American Arbitration Association. 2. The cost of such arbitration shall be borne by the Company. Any such arbitration must be requested in writing within one (1) year from the date the party initiating the arbitration knew or should have known about the claim or dispute, or all claims arising from that dispute are forever waived. Any such arbitration (or court proceeding as applicable hereunder) shall be held in the city and/or county of employment hereunder. Judgment upon the award rendered through such arbitration may be entered and enforced in any court having proper jurisdiction.

Appears in 8 contracts

Samples: Corporate Executive Employment Agreement (Abm Industries Inc /De/), Corporate Executive Employment Agreement (Abm Industries Inc /De/), Corporate Executive Employment Agreement (Abm Industries Inc /De/)

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Arbitration Clause. 1. Except for the interpretation and enforcement of injunctive relief pursuant to Paragraph R hereof (which which, at Company's option, shall be subject to litigation in any court having proper jurisdiction), any claim or dispute related to or arising from this Agreement (whether based in contract or tort, in law or equity) including, but not limited to, claims or disputes between Executive and Company or its directors, officers, employees and agents regarding Executive's employment or termination of employment hereunder, or any other business of Company, shall be resolved by a neutral arbitrator agreed upon by both parties, through mandatory, final, binding arbitration in accordance with the procedural and discovery rules of the American Arbitration Association; provided, however, that no party shall be entitled to an award of general or punitive damages hereunder. 2. The cost of such arbitration shall be borne by the Company. Any such arbitration must be requested in writing within one (1) year from the date the party initiating the arbitration knew or should have known about the claim or dispute, or all claims arising from that dispute are forever waived. Any such arbitration (or court proceeding as applicable hereunder) shall be held in the city and/or county County of employment hereunderEmployment. Judgment upon the award rendered through such arbitration may be entered and enforced in any court having proper jurisdiction.

Appears in 4 contracts

Samples: Corporate Executive Employment Agreement (Abm Industries Inc /De/), Corporate Executive Employment Agreement (Abm Industries Inc /De/), Corporate Executive Employment Agreement (Abm Industries Inc /De/)

Arbitration Clause. 1. Except for the interpretation and enforcement of injunctive relief pursuant to Paragraph R hereof (which shall be subject to litigation in any court having proper jurisdiction), any claim or dispute related to or arising from this Agreement (whether based in contract or tort, in law or equity) including, but not limited to, claims or disputes between Executive and Company or its directors, officers, employees and agents regarding Executive's ’s employment or termination of employment hereunder, or any other business of Company, shall be resolved by a neutral arbitrator agreed upon by both parties, through mandatory, final, binding arbitration in accordance with the procedural and discovery rules of the American Arbitration Association. 2. The cost of such arbitration shall be borne by the Company. Any such arbitration must be requested in writing within one (1) year from the date the party initiating the arbitration knew or should have known about the claim or dispute, or all claims arising from that dispute are forever waived. Any such arbitration (or court proceeding as applicable hereunder) shall be held in the city and/or county of employment hereunder. Judgment upon the award rendered through such arbitration may be entered and enforced in any court having proper jurisdiction.

Appears in 3 contracts

Samples: Corporate Executive Employment Agreement (Abm Industries Inc /De/), Corporate Executive Employment Agreement (Abm Industries Inc /De/), Corporate Executive Employment Agreement (Abm Industries Inc /De/)

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Arbitration Clause. 1. Except for the interpretation and enforcement of injunctive relief pursuant to Paragraph R L hereof (which which, at Company's option, shall be subject to litigation in any court having proper jurisdiction), any claim or dispute related to or arising from this Agreement (whether based in contract or tort, in law or equity) including, but not limited to, claims or disputes between Executive and Company or its directors, officers, employees and agents regarding Executive's employment or termination of employment hereunder, or any other business of Company, shall be resolved by a neutral arbitrator agreed upon by both parties, through mandatory, final, binding arbitration in accordance with the procedural and discovery rules of the American Arbitration Association; provided, however, that no party shall be entitled to an award of general or punitive damages hereunder. 2. The cost of such arbitration shall be borne by the Company. Any such arbitration must be requested in writing within one (1) year from the date the party initiating the arbitration knew or should have known about the claim or dispute, or all claims arising from that dispute are forever waived. Any such arbitration (or court proceeding as applicable hereunder) shall be held in the city and/or county County of employment hereunderEmployment. Judgment upon the award rendered through such arbitration may be entered and enforced in any court having proper jurisdiction.

Appears in 1 contract

Samples: Division Executive Employment Agreement (Abm Industries Inc /De/)

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