Common use of Compliance with Decisions Clause in Contracts

Compliance with Decisions. To the extent permissible under applicable law, the parties agree that the award of the Arbitrator shall be final and binding and shall be subject only to the judicial review permitted by the United States Arbitration Act or other applicable arbitration law pursuant to Section 10(a) hereof. Judgment on the arbitration award may be entered and enforced in any court having jurisdiction over the parties or their assets. It is the intent of the parties that the arbitration provisions hereof be enforced to the fullest extent permitted by applicable law.

Appears in 3 contracts

Samples: Executive Severance Agreement (Equistar Funding Corp), Executive Severance Agreement (Equistar Funding Corp), Executive Severance Agreement (Lyondell Chemical Co)

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Compliance with Decisions. To the extent permissible under applicable ------------------------- law, the parties agree that the award of the Arbitrator shall be final and binding and shall be subject only to the judicial review permitted by the United States Arbitration Act or other applicable arbitration law pursuant to Section 10(a) hereof. Judgment on the arbitration award may be entered and enforced in any court having jurisdiction over the parties or their assets. It is the intent of the parties that the arbitration provisions hereof be enforced to the fullest extent permitted by applicable law.

Appears in 1 contract

Samples: Executive Severance Agreement (Lyondell Petrochemical Co)

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