Commencement of Arbitration. If a resolution is not reached by the parties prior to the end of the Negotiation Period, either party may provide a written request to the American Arbitration Association within ten (10) days from the end of such period requesting the selection of three (3) arbitrators (the "Panel") to arbitrate the parties' respective rights and obligations with respect to the matters set forth in the Dispute Notice. Each arbitrator on the Panel shall be experienced in the arbitration of complex commercial disputes.
Appears in 7 contracts
Samples: Debenture Purchase Agreement (Pioneer Drilling Co), Common Stock Purchase Agreement (South Texas Drilling & Exploration Inc), Common Stock Purchase Agreement (Wedge Energy Services LLC)
Commencement of Arbitration. If a resolution is not reached by the parties prior to the end of the Negotiation Period, either party may provide a written request to the American Arbitration Association within ten (10) days from the end of such period requesting the selection of three (3) arbitrators (the "Panel") to arbitrate the parties' respective rights and obligations with respect to the matters matter set forth in the Dispute Notice. Each arbitrator on the Panel shall be experienced in the arbitration of complex commercial disputes.
Appears in 4 contracts
Samples: Merger Agreement (Precept Business Services Inc), Stock Purchase Agreement (Precept Business Services Inc), Stock Purchase Agreement (Precept Business Services Inc)
