Authority of Arbitrators. The arbitrators shall have full authority to render any form of legal or equitable relief to address the parties’ dispute, including an award of monetary damages and/or injunctive relief; provided, however, that in no event shall the arbitrators have the power to include any element of punitive or exemplary damages in the arbitration award. Judgment upon any award for any legal or equitable relief so rendered by the arbitrators shall be considered final and binding and may be entered in any state or federal court of competent jurisdiction.
Appears in 4 contracts
Samples: Uniform Member Sugar Marketing Agreement (American Crystal Sugar Co /Mn/), Uniform Member Sugar Marketing Agreement (Minn Dak Farmers Cooperative), Uniform Member Sugar Marketing Agreement (Minn Dak Farmers Cooperative)
