Common use of Composition of the Board of Arbitration Clause in Contracts

Composition of the Board of Arbitration. (a) The party requesting arbitration shall, in its notification under Clause 9.01, propose the name of a single arbitrator to act as the Board of Arbitration. The recipient of the notice shall, within 14 days, notify the other party of its agreement to the proposed arbitrator, or propose the name of another arbitrator. (b) Notwithstanding (a) above, either party may indicate to the other party, within 14 days of receipt of written notice pursuant to Clause 9.01, if it chooses to have the matter heard by a three-person arbitration board. Both parties shall then have 14 days to name their appointee to the three-person board. The two appointees shall then meet to select an impartial chairperson.

Composition of the Board of Arbitration. (a) The party requesting arbitration shall, in its notification under Clause 9.019.01 (Notification), propose the name of a single arbitrator to act as the Board of Arbitration. The recipient of the notice shall, within 14 fourteen (14) days, notify the other party of its agreement to the proposed arbitrator, or propose the name of another arbitrator. (b) Notwithstanding (a) above, either party may indicate to the other party, within 14 fourteen (14) days of receipt of written notice pursuant to Clause 9.019.01 (Notification), if it chooses to have the matter heard by a three-three (3) person arbitration board. Both parties shall then have 14 fourteen (14) days to name their appointee to the three-three (3) person board. The two (2) appointees shall then meet to select an impartial chairperson.