Common use of Mandatory Binding Arbitration Clause in Contracts

Mandatory Binding Arbitration. The Participant agrees that any and all disputes related to an award of Bonus Stock including but not limited to, eligibility, vesting, distribution and payment, withholding, targets, effect of termination of employment or rights related to an amendment or termination of the Plan, will be subject to mandatory binding arbitration in Minneapolis, Minnesota before the American Arbitration Association. Participant agrees that the Participant will be responsible for bearing his or her share of the costs to arbitrate.

Appears in 1 contract

Samples: Bonus Stock Agreement (Xcel Energy Inc)

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Mandatory Binding Arbitration. The Participant agrees that any and all disputes related to an award of Bonus Stock Units including but not limited to, eligibility, vesting, distribution and payment, withholding, targets, effect of termination of employment or rights related to an amendment or termination of the Plan, will be subject to mandatory binding arbitration in Minneapolis, Minnesota before the American Arbitration Association. The Participant agrees that the Participant will be responsible for bearing his or her share of the costs to arbitrate.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Xcel Energy Inc)

Mandatory Binding Arbitration. The Participant agrees that any and all disputes related to an award of Bonus Stock Units including but not limited to, eligibility, vesting, distribution and payment, withholding, targets, effect of termination of employment or rights related to an amendment or termination of the Plan, will be subject to mandatory binding arbitration in Minneapolis, Minnesota before the American Arbitration Association. Participant agrees that the Participant will be responsible for bearing his or her share of the costs to arbitrate.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Xcel Energy Inc)

Mandatory Binding Arbitration. The Participant agrees that any and all disputes related to an award of Bonus Stock performance shares including but not limited to, eligibility, vesting, distribution and payment, withholding, targets, effect of termination of employment or rights related to an amendment or termination of the Plan, will be subject to mandatory binding arbitration in Minneapolis, Minnesota before the American Arbitration Association. Participant agrees that the Participant will be responsible for bearing his or her share of the costs to arbitrate.

Appears in 1 contract

Samples: Performance Share Agreement (Xcel Energy Inc)

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Mandatory Binding Arbitration. The Participant agrees that any and all disputes related to an award of Bonus Stock restricted stock units including but not limited to, eligibility, vesting, distribution and payment, withholding, targets, effect of termination of employment or rights related to an amendment or termination of the Plan, will be subject to mandatory binding arbitration in Minneapolis, Minnesota before the American Arbitration Association. Participant agrees that the Participant will be responsible for bearing his or her share of the costs to arbitrate.

Appears in 1 contract

Samples: Restricted Stock Agreement (Xcel Energy Inc)

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