Common use of Arbitration of Certain Disputes Clause in Contracts

Arbitration of Certain Disputes. [NAME] and RadiSys agree that should the issue arise of whether either party to this Agreement has failed to satisfy or has breached the terms of this Agreement, excepting a breach of paragraphs 5 or 6, any other dispute shall be submitted to arbitration pursuant to the commercial rules of the American Arbitration Association. In such event, each party shall pay its own costs and attorneys' fees.

Appears in 3 contracts

Samples: Executive Severance and Bonus Restriction Agreement (Radisys Corp), Executive Severance and Bonus Restriction Agreement (Radisys Corp), Executive Severance and Bonus Restriction Agreement (Radisys Corp)

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Arbitration of Certain Disputes. [NAME] and RadiSys agree that should the issue arise of whether either party to this Agreement has failed to satisfy or has breached the terms of this Agreement, excepting a breach of paragraphs 5 or 6, any other dispute shall be submitted to arbitration pursuant to the commercial rules of the American Arbitration Association. In such event, each party shall pay its own costs and attorneys' fees. 8.

Appears in 1 contract

Samples: www.sec.gov

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