Common use of Arbitration or Mediation Clause in Contracts

Arbitration or Mediation. In the event that any dispute, controversy, claim or alleged breach respecting this Agreement (each “Dispute”) continues for a period greater than thirty (30) days, the Dispute shall be submitted to arbitration. The arbitration shall be held in Grey or Xxxxx Counties in the English language and shall be conducted in accordance with the Arbitration Act of Ontario except that the arbitration shall be conducted by either (a) an arbitrator selected by agreement of both parties or (b) if the parties are unable to agree on the choice of an arbitrator, by an arbitrator appointed by a Justice of the Ontario Court (General Division). The decision of the arbitrator shall be final and binding upon the parties and the expense of the arbitration shall be paid as the arbitrator determines.

Arbitration or Mediation. In the event that any dispute, controversy, claim or alleged breach respecting this Agreement (each “Dispute”) continues for a period greater than thirty (30) days, the Dispute shall be submitted to arbitration. The arbitration shall be held in Grey or Xxxxx Counties in the English language and shall be conducted in accordance with the Arbitration Act of Ontario except that the arbitration shall be conducted by either (a) an arbitrator selected by agreement of both parties or (b) if the parties are unable to agree on the choice of an arbitrator, by an arbitrator appointed by a Justice of the Ontario Court (General Division). The decision of the arbitrator shall be final and binding upon the parties and the expense of the arbitration shall be paid as the arbitrator determines.