Common use of Arbitrator Qualifications Clause in Contracts

Arbitrator Qualifications. Unless the Parties otherwise agree in writing, the arbitration shall be conducted using a panel of three (3) arbitrators (“Arbitration Panel”) who have experience with respect to equipment and supplies transactions for large manufacturing facilities. Each Party shall appoint to the Arbitration Panel one (1) neutral arbitrator who meets the required qualifications, and the two (2) neutral arbitrators selected by the Parties shall appoint a third neutral arbitrator who meets such qualifications. If either Party does not appoint a neutral arbitrator within two (2) weeks of being notified that it is required to do so, the ADR will appoint an arbitrator for such Party.