Common use of Disputes Covered Clause in Contracts

Disputes Covered. This Arbitration Policy ("Policy") applies to any claim, dispute or controversy arising out of or relating to the terms and conditions of any incentive plan, partnership agreement or other plan, document or agreement that expressly refers to and incorporates the terms of this Policy; any such claim, dispute or controversy so covered by the terms of this Policy shall, except as otherwise expressly provided, be settled by binding arbitration in accordance with the procedures and conditions set forth herein. The scope of this Policy is intended to be applied broadly so as to include any and all disputes, controversies and claims that touch upon any incentive plan, partnership agreement or other plan, document or agreement covered by this Policy, whether such disputes, controversies or claims involve a breach of contract, contract interpretation, tort law, common law principles or statutes, rules or regulations. Any dispute, controversy or claim to which this Policy applies is hereinafter called a "Dispute." A person, corporation or entity who is subject to this agreement is hereinafter called a "Party."

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Rio Vista Energy Partners Lp), Limited Liability Company Agreement (Rio Vista Energy Partners Lp), Limited Liability Company Agreement (Rio Vista Energy Partners Lp)

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Disputes Covered. This Arbitration Policy ("Policy") applies to any claim, ---------------- ------ dispute or controversy arising out of or relating to the terms and conditions of any incentive plan, partnership agreement or other plan, document or agreement that expressly refers to and incorporates the terms of this Policy; any such claim, dispute or controversy so covered by the terms of this Policy shall, except as otherwise expressly provided, be settled by binding arbitration in accordance with the procedures and conditions set forth herein. The scope of this Policy is intended to be applied broadly so as to include any and all disputes, controversies and claims that touch upon any incentive plan, partnership agreement or other plan, document or agreement covered by this Policy, whether such disputes, controversies or claims involve a breach of contract, contract interpretation, tort law, common law principles or statutes, rules or regulations. Any dispute, controversy or claim to which this Policy applies is hereinafter called a "Dispute." A person, corporation or entity who is ------- subject to this agreement is hereinafter called a "Party."" -----

Appears in 1 contract

Samples: Limited Liability Company Agreement (Penn Octane Corp)

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