Common use of Disputes/Arbitration Clause in Contracts

Disputes/Arbitration. (a) Any dispute or controversy arising under or in connection with this Agreement shall be settled exclusively by arbitration at Primex's corporate headquarters in accordance with the rules of the American Arbitration Association then in effect. Judgment may be entered on the arbitrator's award in any court having jurisdiction; provided, however, that the Executive shall be entitled to seek specific performance of the Executive's right to be paid during the pendency of any dispute or controversy arising under or in connection with this Agreement. (b) Primex shall pay all reasonable legal fees and expenses which the Executive may incur to enforce this Agreement unless the Executive had no reasonable basis for his or her claim. Should Primex dispute the entitlement of the Executive to such fees and expenses, the burden of proof shall be on Olin to establish that the Executive had no reasonable basis for his or her claim.

Appears in 6 contracts

Samples: Executive Agreement (Primex Technologies Inc), Executive Agreement (Primex Technologies Inc), Executive Agreement (Primex Technologies Inc)

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Disputes/Arbitration. (a) Any dispute or controversy arising under or in connection with this Agreement shall be settled exclusively by arbitration at Primex's corporate headquarters in accordance with the rules of the American Arbitration Association then in effect. Judgment may be entered on the arbitrator's award in any court having jurisdiction; provided, however, that the Executive shall be entitled to seek specific performance of the Executive's right to be paid during the pendency of any dispute or controversy arising under or in connection with this Agreement. (b) Primex shall pay all reasonable legal fees and expenses which the Executive may incur to enforce this Agreement unless the Executive had no reasonable basis for his or her claim. Should Primex dispute the entitlement of the Executive to such fees and expenses, the burden of proof shall be on Olin to establish that the Executive had no reasonable basis for his or her claim.

Appears in 1 contract

Samples: Executive Agreement (Primex Technologies Inc)

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