Common use of LIMITATION ON SCOPE OF ARBITRATORS' AWARD OR DECISION Clause in Contracts

LIMITATION ON SCOPE OF ARBITRATORS' AWARD OR DECISION. Employer and Employee agree that if the arbitrators find any disputed claim to be meritorious, the arbitrators shall have the authority to order legal and/or equitable relief appropriate to the claim, but that in no event shall the arbitrators have authority to award punitive or exemplary damages.

Appears in 4 contracts

Samples: Employment Agreement (Ricex Co), Employment Agreement (Ricex Co), Employment Agreement (Ricex Co)

AutoNDA by SimpleDocs

LIMITATION ON SCOPE OF ARBITRATORS' AWARD OR DECISION. Employer NutraCea and Employee Xxxxxxx agree that if the arbitrators find any disputed claim to be meritorious, the arbitrators shall have the authority to order legal and/or equitable relief appropriate to the claim, but that in no event shall the arbitrators have authority to award punitive or exemplary damages.

Appears in 2 contracts

Samples: Severance and Release Agreement (Nutracea), Consulting Agreement (Nutracea)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.