Common use of No Punitive Damages Clause in Contracts

No Punitive Damages. No punitive damages are recoverable in the arbitration. The arbitrator is not empowered to award damages in excess of compensatory damages, and each party hereby irrevocably waives any right to recover any punitive or exemplary damages with respect to any dispute between them.

Appears in 8 contracts

Samples: Employment Agreement (Yuma Delaware Merger Subsidiary, Inc.), Employment Agreement (Yuma Energy, Inc.), Employment Agreement (Pyramid Oil Co)

AutoNDA by SimpleDocs

No Punitive Damages. No punitive damages are recoverable in the arbitration. The arbitrator arbitration panel is not empowered to award damages in excess of compensatory damages, and each party hereby irrevocably waives any right to recover any punitive or exemplary damages with respect to any dispute between themdamages.

Appears in 2 contracts

Samples: Participation Agreement (Universal Energy Corp.), Participation Agreement (Universal Energy Corp.)

No Punitive Damages. No punitive damages are recoverable in the arbitration. The arbitrator is not empowered to award damages in excess of compensatory damages, and each party hereby irrevocably waives any right to recover any punitive or exemplary damages with respect to any dispute between them.. October 15, 2014

Appears in 1 contract

Samples: Employment Agreement (Yuma Energy, Inc.)

AutoNDA by SimpleDocs

No Punitive Damages. No punitive damages are recoverable in the arbitration. The arbitrator is not empowered to award damages in excess of compensatory damages, and each party hereby irrevocably Sxxxxx X. Xxxxx Employment Agreement waives any right to recover any punitive or exemplary damages with respect to any dispute between them.

Appears in 1 contract

Samples: Employment Agreement (Pyramid Delaware Merger Subsidiary, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!