Common use of Decisions and Awards Clause in Contracts

Decisions and Awards. Within sixty calendar days after the closing of the record, the arbitrator shall render a decision and opinion. The decision shall be final and binding on the parties. The cost of the arbitrator shall be equally shared by the parties.

Decisions and Awards. Within sixty calendar days after the closing of the record, the arbitrator shall render a decision and opinion. The decision shall be final and binding on the parties. The cost of the arbitrator arbi- trator shall be equally shared by the parties.