Common use of Invoking Arbitration Clause in Contracts

Invoking Arbitration. Either party may invoke the arbitration procedures described herein, by submitting to the other, in person or by mail, a written demand for arbitration, containing a statement of the matter to be arbitrated sufficient to establish the timeliness of the demand. The parties shall then have fourteen (14) days within which they may identify a mutually agreeable arbitrator. After the fourteen (14) day period has expired, the parties shall prepare and submit to the American Arbitration Association a joint submission, with the Company paying the appropriate administrative fee. In their submission to the AAA, the parties shall either designate a mutually acceptable arbitrator or request a panel of arbitrators from the AAA according to the procedure described in (g) below.

Appears in 3 contracts

Samples: Employment Agreement (Aon Corp), Employment Agreement (Aon Corp), Employment Agreement (Aon Corp)

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Invoking Arbitration. Either party may invoke the arbitration procedures described herein, by submitting to the other, in person or by mail, a written demand for arbitration, containing a statement of the matter to be arbitrated sufficient to establish the timeliness of the demand. The parties shall then have fourteen (14) days within which they may identify a mutually agreeable arbitrator. After the fourteen (14) day period has expired, the parties shall prepare and submit to the American Arbitration Association a joint submission, with the Company paying the appropriate administrative fee. In their submission to the AAA, the parties shall either designate a mutually acceptable arbitrator or request a panel of arbitrators from the AAA according to the procedure described in (gvii) below.

Appears in 1 contract

Samples: Employment Agreement (Aon Corp)

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