Common use of Arbitration Fees and Costs Clause in Contracts

Arbitration Fees and Costs. The Corporation will be responsible for paying any filing fee and the fees and costs of the arbitrator; provided, however, that if the Grantee is the arbitration party initiating the claim, the Grantee will contribute an amount equal to the filing fee to initiate a claim in the court of general jurisdiction in the state in which the Grantee last rendered Services to the Corporation or other applicable SGRP Company. Each party to the arbitration shall pay in the first instance its own arbitration and litigation costs and attorneys' fees, if any. However, if any party prevails on a statutory claim that affords the prevailing party attorneys' fees and/or arbitration or litigation costs, or if there is a written Agreement providing for attorneys' fees and/or litigation costs, the arbitrator shall rule upon a motion for attorneys' fees and/or litigation costs under the same standards a court would apply under the law applicable to the claim(s) at issue.

Appears in 11 contracts

Samples: Phantom Stock Grant and Agreement (SPAR Group, Inc.), Restricted Stock Unit Grant and Agreement (SPAR Group, Inc.), Restricted Stock Unit Grant and Agreement (SPAR Group, Inc.)

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Arbitration Fees and Costs. The Corporation will be responsible for paying any filing fee and the fees and costs of the arbitrator; provided, however, that if the Grantee is the arbitration party initiating the claim, the Grantee will contribute an amount equal to the filing fee to initiate a claim in the court of general jurisdiction in the state in which the Grantee last rendered Services to the Corporation or other applicable SGRP Company. Each party to the arbitration shall pay in the first instance its own arbitration and litigation costs and attorneys' fees, if any. However, if any party prevails on a statutory claim that affords the prevailing party attorneys' fees and/or arbitration or litigation costs, or if there is a written Agreement Contract providing for attorneys' fees and/or litigation costs, the arbitrator shall rule upon a motion for attorneys' fees and/or litigation costs under the same standards a court would apply under the law applicable to the claim(s) at issue.

Appears in 2 contracts

Samples: Inducement Restricted Stock Unit (SPAR Group, Inc.), Inducement Restricted Stock Unit (SPAR Group, Inc.)

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Arbitration Fees and Costs. The Corporation Company will be responsible for paying any filing fee and the fees and costs of the arbitrator; provided, however, that if the Grantee Optionee is the arbitration party initiating the claim, the Grantee Optionee will contribute an amount equal to the filing fee to initiate a claim in the court of general jurisdiction in the state in which the Grantee Optionee last rendered Services to the Corporation Company or other applicable SGRP Company. Each party to the arbitration shall pay in the first instance its own arbitration and litigation costs and attorneys' fees, if any. However, if any party prevails on a statutory claim that affords the prevailing party attorneys' fees and/or arbitration or litigation costs, or if there is a written Agreement Contract providing for attorneys' fees and/or litigation costs, the arbitrator shall rule upon a motion for attorneys' fees and/or litigation costs under the same standards a court would apply under the law applicable to the claim(s) at issue.

Appears in 2 contracts

Samples: Nonqualified Stock Option Contract (SPAR Group, Inc.), Nonqualified Stock Option Contract (SPAR Group, Inc.)

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