Common use of Dispute Resolutions Clause in Contracts

Dispute Resolutions. Any dispute or controversy arising under or in connection with this Agreement shall first be resolved by informal discussion between senior management of the Parties. If informal discussion fails to produce a resolution, the Parties must then attend non-binding mediation in the County of Xxxxx, Nevada with a mutually agreeable mediator. If mediation fails to produce a resolution, or if the Parties cannot agree on a mediator, any dispute or controversy arising out of or relating to this Agreement shall be settled by binding arbitration conducted by a single arbitrator. Either Party may initiate arbitration, which shall be conducted in the County of Xxxxx, Nevada in accordance with the commercial arbitration rules of the Judicial Arbitration and Mediation Services, Inc. ("JAMS"). Each Party shall share equally the cost of the arbitration and shall bear its own attorneys' fees, unless the arbitrator awards such fees and costs to a Party. The arbitrator shall not have the power to award any punitive damages.

Dispute Resolutions. Any dispute or controversy arising under or in connection with this Agreement shall first be resolved by informal discussion between senior management of the Parties. If informal discussion fails to produce a resolution, the Parties must then attend non-non- binding mediation in the County of Xxxxx, Nevada with a mutually agreeable mediator. If mediation fails to produce a resolution, or if the Parties cannot agree on a mediator, any dispute or controversy arising out of or relating to this Agreement shall be settled by binding arbitration conducted by a single arbitratorarbitration. Either Party may initiate arbitration, which shall be conducted in the County of Xxxxx, Nevada in accordance with the commercial arbitration rules of the Judicial American Arbitration and Mediation Services, Inc. ("JAMS")Association. Each Party shall share equally the cost of the arbitration and shall bear its own attorneys' ’ fees, unless the arbitrator awards such fees and costs to a Party. The arbitrator shall not have the power to award any punitive damages.