Common use of Decision of the Arbitration Board Clause in Contracts

Decision of the Arbitration Board. (a) The arbitration board shall render a decision within thirty (30) days of the conclusion of the hearing or the receipt of the written submissions referred to in Article 11.03 (d). (b) The decision of the majority of the arbitration board shall be final and binding upon both parties. (c) Should the parties disagree as to the meaning of the decision or its implementation, either party may apply to the arbitration board to seek clarification of the decision or assistance in its implementation. (d) By mutual agreement the parties may have a grievance determined through written submissions and without a hearing.

Decision of the Arbitration Board. ‌ (a) The arbitration board shall render a decision within thirty (30) days of the conclusion of the hearing or the receipt of the written submissions referred to in Article 11.03 (d). (b) The decision of the majority of the arbitration board shall be final and binding upon both parties. (c) Should the parties disagree as to the meaning of the decision or its implementation, either party may apply to the arbitration board to seek clarification of the decision or assistance in its implementation. (d) By mutual agreement the parties may have a grievance determined through written submissions and without a hearing.