What is Arbitration? Sample Clauses

What is Arbitration?. Arbitration is more informal than a lawsuit in court and seeks to resolve disputes more quickly. Instead of a judge or a jury, the case will be decided by a neutral arbitrator who has the power to award the same damages and relief that a court can. If any provision of this arbitration agreement is found unenforceable, the unenforceable provision shall be severed, and the remaining arbitration terms shall be enforced.
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What is Arbitration?. Arbitration is a way to get speedy and relatively inexpensive resolution of disputes by submitting them to an arbitrator instead of the ordinary process of filing a lawsuit in a court of law. You and the Company use a neutral, trained arbitrator to resolve the dispute instead of a judge and jury. By agreeing to resolve their disputes exclusively through binding arbitration, the parties agree that they are waiving their rights to a trial in a court with a judge or jury. Arbitration is binding — that is, the arbitrator's decision is final. The arbitrator is required to apply the same law that would be applied if either you or the Company filed a lawsuit. You and the Company agree that arbitration of disputes is a valuable benefit, the existence of which is a significant inducement for you to accept or continue employment with the Company and for the Company to consider you for employment, offer employment to you, or continue to employ you. Entering into this Agreement does not guarantee employment and, if offered employment, this Agreement does not make the relationship between the Company and you anything other than at-will employment.
What is Arbitration?. Arbitration is generally a faster and often less expensive alternative method of resolving potential disputes that might arise between you and the Company by submitting them to a neutral arbitrator for resolution, instead of the ordinary process of filing a lawsuit in a court of law. By signing below, you and the Company agree to use a neutral, third-party arbitrator to resolve disputes, instead of having disputes be resolved by a judge or jury. By agreeing to resolve disputes that may arise between them exclusively through binding arbitration, the Parties agree that they are waiving their rights to a trial in a court with a judge or jury. Arbitration is binding — which basically means that the arbitrator's decision is final. The arbitrator is required to apply the same substantive law that would be applied if either you or the Company filed a lawsuit in court. You and the Company agree that arbitration of disputes is a valuable benefit, the existence of which is a significant inducement for you to accept or to continue employment with the Company, and for the Company to offer employment to you or to continue to employ you.
What is Arbitration?. Arbitration is a cost effective and time saving method of resolving disputes without involving the courts. In using arbitration, the disputes are heard and decided by private individuals called “arbitrators”. The dispute will not be heard or decided by a judge or jury.

Related to What is Arbitration?

  • Dispute Resolution; Arbitration This Agreement evidences a transaction involving interstate commerce. Any disputes arising from this Agreement shall be decided by binding arbitration which shall be conducted, at the request of any party, in New York, New York, before one arbitrator designated by the American Arbitration Association (the "AAA"), in accordance with the Commercial Arbitration Rules of the AAA, and to the maximum extent applicable, the United States Arbitration Act (Title 9 of the United States Code). Notwithstanding anything in this Agreement to the contrary, any party may proceed to a court of competent jurisdiction to obtain equitable relief at any time. An arbitrator shall have no authority to award punitive damages or other damages not measured by the prevailing party's actual damages. To the maximum extent practicable, an arbitration proceeding under this Agreement shall be concluded within 180 days of the filing of the dispute with the AAA. This arbitration clause shall survive any termination, amendment, or expiration of the Agreement and if any provision of this arbitration clause is found to be unenforceable, the remaining parts of the arbitration clause shall not be affected and shall remain fully enforceable.

  • GRIEVANCE AND ARBITRATION Casual employees have access to the grievance and arbitration procedures. (Reference Article 9 - Grievances and Article 10 - Arbitration.)

  • Expedited Arbitration (a) The Parties may by mutual agreement refer to expedited arbitration any outstanding grievances considered suitable for this process, and shall set dates and locations for hearings of groups of grievances considered suitable for expedited arbitration.

  • Dispute Resolution and Arbitration The following procedures shall be used in the resolution of disputes:

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