Common use of PAYMENT OF ARBITRATORS FEES Clause in Contracts

PAYMENT OF ARBITRATORS FEES. The arbitrator’s fees will be paid by both parties in equal parts during the course of the arbitration but upon final decision of the dispute, the unsuccessful party will pay all costs and reimburse all arbitration costs, including the arbitration fees, administrative expenses and actual legal fees and disbursements paid by the successful party, subject to the contrary decision of the arbitrator.

Appears in 4 contracts

Samples: Employment Agreement (Cardero Resource Corp.), Employment Agreement (Cardero Resource Corp.), Employment Agreement (Cardero Resource Corp.)

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