Common use of Decision of an Arbitration Board Clause in Contracts

Decision of an Arbitration Board. The decision of the majority shall be the decision of the Board. Where there is no majority decision, the decision of the Chairperson shall be the decision of the Board. The decision shall be final, binding and enforceable on all parties. The Board shall not have the power to change this Agreement, or to alter, modify or amend any of its provisions. However, the Board shall have the power to dispose of a grievance by any arrangement which it deems just and equitable.

Decision of an Arbitration Board. The decision of the majority of an Arbitration Board shall be the decision of the Board. Where there is no majority decision, the decision of the Chairperson shall be the decision of the Board. The decision of an Arbitrator/Arbitration Board shall be final, binding and enforceable on all parties. The Board shall parties concerned, and may not have be changed without the power written mutual consent of the parties to change this Agreement, or to alter, modify or amend any of its provisions. However, the Board shall have the power to dispose of a grievance by any arrangement which it deems just and equitable.