Common use of Bypass Clause in Contracts

Bypass. Any of the steps in this procedure may be bypassed with mutual written consent of the parties involved at the time the bypass is sought. During the arbitration process outlined in Step Four, Arbitration, the parties may elect to waive written briefs and proceed with oral closing arguments. During the arbitration process outlined in Step Four, Arbitration, the parties may elect to waive the oral hearing and proceed with written briefing instead. Expedited arbitration may be entered into upon mutual written consent of the parties. Except for the following, expedited arbitration shall follow the same process as outlined in Step Four, Arbitration: 1. No briefs will be filed or transcripts made; 2. The parties will endeavor to complete the hearing within one day; and 3. The award shall be rendered promptly by the arbitrator, no later than seven days from the date of the closing of the hearing.