Common use of Arbitration; Jurisdiction Clause in Contracts

Arbitration; Jurisdiction. Only disputes involving the interpretation or application of a provision of this Agreement shall be subject to arbitration. The arbitrator shall have no power to add to, subtract from or modify any of the terms of this Agreement. The arbitrator shall not substitute the arbitrator’s discretion for that of either party or impose on either party a limitation of obligation not specifically required by the express language of this Agreement. The arbitrator’s decision shall address itself solely to the issue or issues presented and shall not impose on either party any restriction or obligation pertaining to any matter raised in the dispute which is not specifically related to the submitted issue or issues. The arbitrator’s decision shall be final and binding, provided such a decision does not exceed the jurisdiction of the arbitrator as set forth herein.

Arbitration; Jurisdiction. Only disputes involving the interpretation or application of a provision of this Agreement shall be subject to arbitration. The arbitrator shall have no power to add to, subtract from or modify any of the terms of this Agreement. The arbitrator shall not substitute the arbitrator’s discretion for that of either party or impose on either party a limitation of obligation not specifically required by the express language of this Agreement. The arbitrator’s decision shall address itself solely to the issue or issues presented and shall not impose on either party any restriction or obligation pertaining to any matter raised in the dispute which is not specifically related to the submitted issue or issues. The arbitrator’s decision shall be final and bindingfinding, provided such a decision does not exceed the jurisdiction of the arbitrator as set forth herein.