BREACH OF THIS AGREEMENT & ARBITRATION Sample Clauses

BREACH OF THIS AGREEMENT & ARBITRATION. In accordance with the Agreement to Arbitrate dated April 26, 2004, a copy of which is attached hereto and included as part of this agreement, any disputes between you and DynaVox concerning this Agreement, with the exception of those stated below, shall be resolved before the American Arbitration Association and pursuant to its rules. The forgoing provision applies to, among other claims, any claims for unpaid compensation under this Agreement, any breach of contract allegations or any claim for monetary damages of any nature under this Agreement. The only exception to the foregoing provision is that in the case of an alleged violation of sections 9, 10, 11, 12, 13 and 15 and subparts thereof, DynaVox will have the right to request that a court issue temporary/preliminary injunctive relief. The site of the arbitration shall be within Allegheny County, Pennsylvania, and DynaVox and you further agree that all proceedings shall take place in Allegheny County, Pennsylvania. DynaVox shall pay the initial filing fee, but each party shall pay 50% of the Arbitrator’s fees and its own attorneys’ fees and costs. The results of the arbitration shall be final and binding upon the parties and may be enforced by any court of competent jurisdiction pursuant to the Federal Arbitration Act, 9 U.S.C. Section I et seq., as well as by any application of State laws. DynaVox is entitled to seek judicial relief for violations of sections 9, 10, 1 I , 12, 13 and 15 of this Agreement. With respect to matters that are not alleged violations of sections 9, 10, 11, 12, 13 and 15 and subparts thereof (for which DynaVox will have the right to request that a court issue temporary/preliminary injunctive relief), the parties shall consider non-binding mediation of disputes over money damages should a dispute arise. Should the parties agree to mediate the dispute, the matter will be mediated by a mediator agreed to by you and DynaVox under the auspices of the American Arbitration Association, such mediation to take place in Allegheny County, Pennsylvania. Both parties agree to pay 50% of the fee for the mediation proceeding. Should the parties not agree to resolve the dispute over money damages by mediation, the parties shall be free to dispute over money damages to arbitrate as set forth above.
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BREACH OF THIS AGREEMENT & ARBITRATION. A. In the event that either party does not initiate action to correct a breach of this License within ninety (90) days after receipt of written notice from the other party, the party giving such notice shall, as a condition to pursuing a termination of this Agreement based upon such breach, demand within ninety (90) days following the expiration of said initial ninety (90) day period that the disputed matter be submitted to arbitration by a single arbitrator in North Palm Beach, Florida, or at such other site as the parties may agree, in accordance with the Commercial Rules of the American Arbitration Association. The cost and expenses (including reasonable attorney's fees) of arbitration shall be apportioned in such amounts and against such party or parties as the arbitrator may determine.

Related to BREACH OF THIS AGREEMENT & ARBITRATION

  • Breach of this Agreement If the Executive commits a breach, or threatens to commit a breach, of any of the provisions of Sections 7, 8 or 9 of this Agreement, then the Company shall have the right and remedy to have those provisions specifically enforced by any court having equity jurisdiction, it being acknowledged and agreed by the Executive that the rights and privileges of the Company granted in Sections 7, 8 and 9 are of a special, unique and extraordinary character and any such breach or threatened breach will cause great and irreparable injury to the Company and that money damages will not provide an adequate remedy to the Company.

  • Termination of this Agreement (a) The Representative shall have the right to terminate this Agreement by giving notice to the Company as hereinafter specified at any time at or prior to the Closing Date or any Option Closing Date (as to the Option Shares to be purchased on such Option Closing Date only), if in the discretion of the Representative, (i) there has occurred any material adverse change in the securities markets or any event, act or occurrence that has materially disrupted, or in the opinion of the Representative, will in the future materially disrupt, the securities markets or there shall be such a material adverse change in general financial, political or economic conditions or the effect of international conditions on the financial markets in the United States is such as to make it, in the judgment of the Representative, inadvisable or impracticable to market the Shares or enforce contracts for the sale of the Shares (ii) trading in the Company’s Common Stock shall have been suspended by the Commission or Nasdaq or trading in securities generally on the Nasdaq Stock Market, the NYSE or the NYSE MKT shall have been suspended, (iii) minimum or maximum prices for trading shall have been fixed, or maximum ranges for prices for securities shall have been required, on the Nasdaq Stock Market, the NYSE or NYSE American, by such exchange or by order of the Commission or any other governmental authority having jurisdiction, (iv) a banking moratorium shall have been declared by federal or state authorities, (v) there shall have occurred any attack on, outbreak or escalation of hostilities or act of terrorism involving the United States any declaration by the United States of a national emergency or war, any substantial change or development involving a prospective substantial change in United States or other international political, financial or economic conditions or any other calamity or crisis, or (vi) the Company suffers any loss by strike, fire, flood, earthquake, accident or other calamity, whether or not covered by insurance, or (vii) in the judgment of the Representative, there has been, since the time of execution of this Agreement or since the respective dates as of which information is given in the Registration Statement, the Time of Sale Disclosure Package or the Final Prospectus, any material adverse change in the assets, properties, condition, financial or otherwise, or in the results of operations, business affairs or business prospects of the Company, whether or not arising in the ordinary course of business. Any such termination shall be without liability of any party to any other party except that the provisions of Section 5(a)(viii) and Section 7 hereof shall at all times be effective and shall survive such termination.

  • Duration of this Agreement The Term of this Agreement shall be as specified in Schedule A hereto.

  • Confidentiality of this Agreement Participant agrees to keep confidential the terms of this Agreement, unless and until such terms have been disclosed publicly other than through a breach by Participant of this covenant. This provision does not prohibit Participant from providing this information on a confidential and privileged basis to Participant’s attorneys or accountants for purposes of obtaining legal or tax advice or as otherwise required by law.

  • Examination of this Agreement A copy of this Agreement shall be available at all reasonable times at the office of the Right Agent in the Borough of Manhattan, City and State of New York, for inspection by the registered holder of any Right. The Right Agent may require any such holder to submit his, her or its Right for inspection by it.

  • Execution of this Agreement This Agreement may be executed in multiple counterparts, each of which will be deemed to be an original copy of this Agreement and all of which, when taken together, will be deemed to constitute one and the same agreement. The exchange of copies of this Agreement and of signature pages by facsimile or other electronic transmission shall constitute effective execution and delivery of this Agreement as to the parties and may be used in lieu of the original Agreement for all purposes.

  • Duration and Termination of this Agreement This Agreement shall remain in force until March 1, 1998, and continue in force from year to year thereafter, but only so long as such continuance is specifically approved at least annually (a) by the vote of a majority of the Trustees who are not parties to this Agreement or interested persons of any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval, and (b) by the Trustees of the Trust, or by the vote of a majority of the outstanding voting securities of the Fund. The aforesaid requirement that continuance of this Agreement be "specifically approved at least annually" shall be construed in a manner consistent with the 1940 Act and the rules and regulations thereunder and any applicable SEC exemptive order therefrom. This Agreement may be terminated with respect to the Fund at any time, without the payment of any penalty, by the vote of a majority of the outstanding voting securities of the Fund or by the Trust's Board of Trustees on 60 days' written notice to you, or by you on 60 days' written notice to the Trust. This Agreement shall terminate automatically in the event of its assignment. This Agreement may be terminated with respect to the Fund at any time without the payment of any penalty by the Board of Trustees or by vote of a majority of the outstanding voting securities of the Fund in the event that it shall have been established by a court of competent jurisdiction that you or any of your officers or directors has taken any action which results in a breach of your covenants set forth herein.

  • Claims Covered by this Agreement To the maximum extent permitted by law, the Company and Executive mutually consent to the resolution by arbitration of all claims or causes of action that the Company may have against Executive or that Executive may have against the Company or against its officers, directors, employees, or agents in the capacity as such or otherwise (collectively “claims”). The claims covered by this Agreement include, but are not limited to, claims for breach of any contract or covenant (express or implied); tort claims; claims for discrimination (including, but not limited to, race, sex, sexual harassment, or any type of unlawful harassment, religion, national origin, age, marital status, medical condition, disability or sexual orientation); claims for wrongful termination in violation of public policy; and claims for violation of any federal, state, or other governmental law, statute, regulation or ordinance, including, but not limited to, all claims arising under Title VII of the Civil Rights Act of 1969, as amended, the Age Discrimination in Employment Act of 1967, the Americans with Disabilities Act, the California Fair Employment & Housing Act, the California Labor Code, the Consolidated Omnibus Budget Reconciliation Act of 1985, the Fair Labor Standards Act or Employee Retirement Income Security Act.

  • Terms of this Agreement The Parties acknowledge that this Agreement and all of the respective terms of this Agreement shall be treated as Confidential Information of both Parties.

  • Effect of this Agreement Subject to the Corporation’s right to terminate the Option pursuant to Section 7.4 of the Plan, this Option Agreement shall be assumed by, be binding upon and inure to the benefit of any successor or successors to the Corporation.

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