Costs Relating to Disputes. In the event that an arbitration under Section 6.11 arises out of this Agreement, then if the Executive is the prevailing party, he shall be entitled to an award of reasonable attorney fees and the Company shall pay for the arbitrator’s and administrative fees of the arbitration. If the Company is the prevailing party, then each party shall bear its own costs and expenses and an equal share of the arbitrator’s and administrative fees of arbitration.
Appears in 3 contracts
Samples: Employment Agreement (Great Lakes Dredge & Dock CORP), Employment Agreement (Great Lakes Dredge & Dock CORP), Employment Agreement (Great Lakes Dredge & Dock CORP)
Costs Relating to Disputes. In the event that an arbitration under Section 6.11 arises out of this Agreement, then if the Executive is the prevailing party, he shall be entitled to an award of reasonable attorney fees and the Company shall pay for the arbitrator’s and administrative fees of the arbitration. If the Company is the prevailing party, then each party shall bear its own costs and expenses and an equal share of the arbitrator’s and administrative fees of arbitration.
Appears in 2 contracts
Samples: Employment Agreement (Great Lakes Dredge & Dock CORP), Employment Agreement (Great Lakes Dredge & Dock CORP)
Costs Relating to Disputes. In the event that an arbitration under Section 6.11 arises out of this Agreement, then if the Executive is the prevailing party, he shall be entitled to an award of reasonable attorney fees and the Company shall pay for the arbitrator’s and administrative fees of the arbitration. If the Company is the prevailing party, then each party shall bear its own costs and expenses and an equal share of the arbitrator’s and administrative fees of arbitration.. [SIGNATURE PAGE TO EMPLOYMENT AGREEMENT]
Appears in 1 contract
Samples: Employment Agreement (Great Lakes Dredge & Dock CORP)
