Common use of Arbitration; Jurisdiction Clause in Contracts

Arbitration; Jurisdiction. (i) Any dispute or controversy arising under or in connection with this Agreement shall be settled exclusively by arbitration in Orange County, California by a panel of three neutral arbitrators in accordance with the rules of the American Arbitration Association in effect at the time of submission to arbitration, including those rules that permit discovery of facts and documents. The Parties understand that they will be entitled to the same remedies in arbitration as they would in a court of law, and further agree that, in the course of any arbitration pursuant to this Agreement, they (i) will permit adequate discovery, (ii) will request that a written award be issued by the panel, (iii) are entitled to receive in the arbitration any and all relief they would be entitled to receive in a court proceeding and (iv) agree that the Executive will not be required to pay any of the arbitration fees or costs. The Parties knowingly and voluntarily agree to this arbitration clause.

Appears in 5 contracts

Samples: Executive Employment Agreement (Universal Guardian Holdings Inc), Executive Employment Agreement (Universal Guardian Holdings Inc), Executive Employment Agreement (Universal Guardian Holdings Inc)

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Arbitration; Jurisdiction. (i) Any dispute or controversy arising under or in connection with this Agreement shall be settled exclusively by arbitration in Orange County, California by a panel of three neutral arbitrators in accordance with the rules of the American Arbitration Association in effect at the time of submission to arbitration, including those rules that permit discovery of facts and documents. The Parties understand that they will be entitled to the same remedies in arbitration as they would in a court of law, and further agree that, in the course of any arbitration pursuant to this Agreement, they (i) will permit adequate discovery, (ii) will request that a written award be issued by the panel, (iii) are entitled to receive in the arbitration any and all relief they would be entitled to receive in a court proceeding and (iv) agree that the Executive Employee will not be required to pay any of the arbitration fees or costs. The Parties knowingly and voluntarily agree to this arbitration clause.

Appears in 1 contract

Samples: Employment Agreement (Universal Guardian Holdings Inc)

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