Application of this Article. In the event the Trustees cannot decide any matter, issue or dispute because of a tie vote, or the lack of a quorum at two (2) successive regular or special meetings of the Trustees, then, in either such event, the Employer Trustees and the Union Trustees will attempt to agree upon the designation of an impartial umpire to decide the dispute. If, within ten (10) days after the occurrence of either of the two events referred to above no impartial arbitrator is agreed upon, any three Trustees may petition the United States District Court for the District of Columbia to appoint an impartial umpire. The decision of the impartial umpire so agreed upon or appointed shall be final and binding on all parties and persons concerned.
Appears in 3 contracts
Samples: Agreement and Declaration, Agreement and Declaration, Agreement and Declaration of Trust
