Common use of Disputes; Governing Law Clause in Contracts

Disputes; Governing Law. (a) Any and all disputes arising out of or in any way related to Employee's employment with, or separation from, Company, as well as any and all disputes or claims arising out of or in any way related to this Agreement, including, without limitations, fraud in the inducement of this Agreement, or relating to the general validity or enforceability of this Agreement, shall be submitted to final and binding arbitration before an arbitrator of the American Arbitration Association, Providence, Rhode Island, in accordance with the rules of that body governing commercial disputes, and prevailing party shall be entitled to reasonable costs and attorneys' fees. Judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. (b) This Agreement shall be governed in all respects by the laws of the United States of America and by the laws of the State of Rhode Island, as such laws are applied to agreements entered into and to be performed entirely within Rhode Island between Rhode Island residents. Each of the parties irrevocably consents to the exclusive personal jurisdiction of the federal and state courts located in Rhode Island, as applicable, for any matter arising out of or relating to this Agreement, except that in actions seeking to enforce any order or any judgment of such federal or state courts located in Rhode Island, such personal jurisdiction shall be nonexclusive.