Common use of Dispute Resolution and Attorney’s Fees Clause in Contracts

Dispute Resolution and Attorney’s Fees. If a dispute arises out of this Agreement, both parties will meet to resolve it. If an agreement is not reached at this meeting, a party may employ the American Arbitration Association, or any other arbitration panel mutually agreed upon by the parties to arbitrate the dispute. The arbitration results are binding upon both parties, and the arbitrator is authorized to file the decision in the applicable court of jurisdiction. The arbitrator will award the prevailing party reasonable attorney's fees and costs.

Dispute Resolution and Attorney’s Fees. If a dispute arises out of this Agreement, both parties will meet to resolve it. If it and if an agreement is not reached at this meeting, a party may employ the American Arbitration Association, or any other arbitration panel mutually agreed upon by the parties parties, to arbitrate the dispute. The results of this arbitration results are binding upon both parties, parties and the arbitrator is authorized to file the decision in the applicable court of jurisdiction. The arbitrator will is to award the prevailing party reasonable attorney's fees and costscosts to the prevailing party.