FIRST GREAT definition
FIRST GREAT. WEST and SCHWAB shall each name five (5) candidates to serve as an arbitrator. FIRST GREAT-WEST and SCHWAB shall each choose one candidate from the other Party's list, and these two candidates shall serve as the first two arbitrators. FIRST GREAT-WEST and SCHWAB shall each present their initial lists of five (5) candidates by written notification to the other Party within twenty-five (25) days of the date of the mailing of the notification initiating the arbitration. Any subsequent additions to the list which are required shall be presented within ten (10) days of the date the naming Party receives notice that a candidate that has been chosen declines to serve. The two arbitrators shall then select the third arbitrator from the eight (8) candidates remaining on the lists of FIRST GREAT-WEST and SCHWAB within fourteen (14) days of the acceptance of their positions as arbitrators. If the two arbitrators cannot agree on the choice of a third, then this choice shall be referred back to the Parties. FIRST GREAT-WEST and SCHWAB shall take turns striking the name of one of the remaining candidates from the initial eight (8) candidates until only one candidate remains. If the candidate so chosen shall decline to serve as the third arbitrator, the candidate whose name was stricken last shall be nominated as the third arbitrator. This process shall continue until a candidate has been chosen and accepted. This candidate shall serve as the third arbitrator. The first turn at striking the name of a candidate shall belong to the Party that is responding to the other Party's initiation of the arbitration. Once chosen, the arbitrators are empowered to decide all substantive and procedural issues by a majority of votes. It is agreed that each of the three arbitrators should be impartial regarding the dispute. Therefore, at no time will either Party contact or otherwise communicate with any person who is to be or who has been designated as a candidate to serve as an arbitrator concerning the dispute, except upon the basis of jointly drafted communications provide by both Parties to inform those candidates actually chosen as arbitrators of the nature and facts of the dispute. Likewise, any written or oral arguments provided to the arbitrators concerning the dispute shall be coordinated with the other Party and shall be provided simultaneously to the other Party or shall take place in the presence of the other Party. Further, at no time shall any arbitrator be informed that t...
FIRST GREAT. WEST hereby grants to SCHWAB (including its affiliates) a non-exclusive license to use the FIRST GREAT-WEST licensed marks in connection with S▇▇▇▇▇'▇ performance of the services contemplated by this Agreement, subject to the terms and conditions set forth in this Section 12.