Common use of Damages and Relief Clause in Contracts

Damages and Relief. 11.1 The Arbitrator shall have the same authority to award remedies and damages as provided to a judge and/or jury under applicable state or federal laws, where the aggrieved party has met his or her burden of proof. 11.2 Both parties have a duty to mitigate their damages by all reasonable means. The Arbitrator shall take a party's failure to mitigate into account in granting relief in accordance with applicable state and federal law. 11.3 Arbitration of damages or other remedies may be conducted in a bifurcated proceeding.

Appears in 5 contracts

Samples: Employment Agreement (Occidental Petroleum Corp /De/), Employment Agreement (Occidental Petroleum Corp /De/), Employment Agreement (Occidental Petroleum Corp /De/)

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Damages and Relief. 11.1 The Arbitrator shall have the same authority to award remedies and damages as provided to a judge and/or jury under applicable state or federal laws, where the aggrieved party has met his or her burden of proof. 11.2 Both parties have a duty to mitigate their damages by all reasonable means. The Arbitrator shall take a party's failure to mitigate into account in granting relief in accordance with applicable state and federal law. 11.3 Arbitration of damages or other remedies may be conducted in a bifurcated proceeding.

Appears in 2 contracts

Samples: Employment Agreement (Occidental Petroleum Corp /De/), Employment Agreement (Occidental Petroleum Corp /De/)

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Damages and Relief. 11.1 The Arbitrator shall have the same authority to award remedies and damages as provided to a judge and/or jury under applicable state or federal laws, laws where the aggrieved party has met his or her burden of proof.; 11.2 Both parties have a duty to mitigate their damages by all reasonable means. The Arbitrator shall take a party's failure to mitigate into account in granting relief in accordance with applicable state and federal law. 11.3 Arbitration of damages or other remedies may be conducted in a bifurcated proceeding.

Appears in 1 contract

Samples: Employment Agreement (Occidental Petroleum Corp /De/)

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