Common use of Submission to Binding Arbitration Clause in Contracts

Submission to Binding Arbitration. 5.3.1. If the matters raised in a Notice provided pursuant to section 5.1 herein are not resolved within sixty (60) days of the initial meet and confer required by section 5.2, either party may submit the unresolved matters to binding arbitration as set forth herein. 5.3.2. Arbitration shall be held before a single arbitrator in good standing of JAMS provided that s/he is available to schedule a hearing on the matter within sixty (60) days of the submission to binding arbitration and to render a written decision on the matter within sixty (60) days of the first hearing date. Either party may conduct discovery relevant to the disputed issue, in accordance with JAMS’ rules.

Appears in 3 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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Submission to Binding Arbitration. 5.3.15.4.1. If the matters raised in a Notice provided pursuant to section Section 5.1 herein are not resolved within sixty thirty (6030) days of the initial meet and confer required by section 5.2Section 5.3, either party may submit the unresolved matters to binding arbitration as set forth herein. 5.3.25.4.2. Arbitration The arbitration hearing shall be conducted by an arbitrator affiliated with JAMS, in accordance with the JAMS Streamlined Arbitration Rules & Procedures. However, those Rules will be modified as necessary to ensure that the hearing is held before a single arbitrator in good standing of JAMS provided that s/he is available to schedule a hearing on the matter within sixty thirty (6030) days of the submission to binding arbitration arbitration, and to render that a written decision on the matter is rendered within sixty (60) days of the first hearing date. Either party may conduct discovery relevant to the disputed issue, in accordance with JAMS’ rules.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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