Common use of XXXXXXXXXXX AND EXCLUSIVE FORUM FOR DISPUTE RESOLUTION Clause in Contracts

XXXXXXXXXXX AND EXCLUSIVE FORUM FOR DISPUTE RESOLUTION. This Agreement shall be governed by and in accordance with the laws of the State of North Carolina without regard to the principles of conflict of laws. The parties agree that any action, suit or preceeding arising out of or relative to this Agreement, not submitted to arbitration, shall be instituted only in the state or federal courts located in Forsyth County, North Carolina. In the event of any kind of disagreement between you and us concerning your coverage under this Agreement or concerning the costs of repairs, you must make a written demand to us for Arbitration. You agree that Arbitration is the sole method of dispute resolution between us. Your written demand for Arbitration must be done and received by us within sixty (60) days of the day you filed your claim. Each party will select one certified arbitrator. The two arbitrators will select a third arbitrator. Each of the parties will pay equally the total of the three (3) arbitrators selected. The in-person arbitration hearing will take place only and exclusively in Forsyth County, North Carolina unless both you and we agree in writing to a different hearing location. The rules utilized by the American Arbitration Association willapply. A majority decision from the three (3) arbitrators will be binding between you and us. The determination and award of the arbitrators may be filed by the prevailing party in a court of competent jurisdiction and shall thereafter have the full force and effect of a judgement at law.

XXXXXXXXXXX AND EXCLUSIVE FORUM FOR DISPUTE RESOLUTION. This Agreement shall be governed by and in accordance with the laws of the State of North Carolina without regard to the principles of conflict of laws. The parties agree that any action, suit or preceeding arising out of or relative to this Agreement, not submitted to arbitration, shall be instituted only in the state or federal courts located in Forsyth County, North Carolina. In the event of any kind of disagreement between you You and us Us concerning your Your coverage under this Agreement or concerning the costs Costs of repairs, you You must make a written demand to us Us for Arbitrationarbitration. You agree that Arbitration arbitration is the sole method of dispute resolution between usunder this Agreement. Your written demand for Arbitration arbitration must be done and received by us Us within sixty (60) days of the day you You filed your Your claim. Each party will select one certified arbitrator. The two arbitrators will select a third arbitrator. Each of the parties will pay equally the total of the three (3) arbitrators selected. The in-person arbitration hearing will take place only and exclusively in Forsyth County, North Carolina unless both you You and we We agree in writing to a different hearing location. The rules utilized by the American Arbitration Association willapplywill apply. A majority decision from the three (3) arbitrators will be binding between you You and usUs. The determination and award of the arbitrators may be filed by the prevailing party in a court of competent jurisdiction and shall thereafter have the full force and effect of a judgement judgment at law. The parties agree that any action, suit or proceeding arising out of or relative to this Agreement, not required to be submitted to arbitration, shall be instituted only in the state or federal courts located in Forsyth County, North Carolina.