Associated Costs. The cost of the arbitration shall be borne by the parties in the manner determined by the arbitrators. If, however, the dispute concerns contractual rights that arise in the event of or subsequent to a Change in Control, the costs of arbitration (and any reasonable attorney’s fees incurred by the Executive) shall be borne by the Company, unless the arbitrators determine that the Executive commenced such arbitration on unfounded or unreasonable grounds.
Appears in 32 contracts
Samples: Employment Agreement (Lincoln Educational Services Corp), Employment Agreement (Lincoln Educational Services Corp), Employment Agreement (Lincoln Educational Services Corp)
Associated Costs. The cost of the arbitration shall be borne by the parties in the manner determined by the arbitrators. If, however, the dispute concerns contractual rights that arise in the event of or subsequent to a Change in Control, the costs of arbitration (and any reasonable attorney’s fees incurred by the ExecutiveEmployee) shall be borne by the Company, unless the arbitrators determine that the Executive Employee commenced such arbitration on unfounded or unreasonable grounds.
Appears in 3 contracts
Samples: Change in Control Agreement (Lincoln Educational Services Corp), Change in Control Agreement (Lincoln Educational Services Corp), Change in Control Agreement (Lincoln Educational Services Corp)
Associated Costs. The cost of the arbitration shall be borne by the parties in the manner determined by the arbitrators. If, however, the dispute concerns contractual rights that arise in the event of or subsequent to a Change in Control, the costs of arbitration (and any reasonable attorney’s 's fees incurred by the Executive) shall be borne by the Company, unless the arbitrators determine that the Executive commenced such arbitration on unfounded or unreasonable grounds.
Appears in 1 contract
Samples: Employment Agreement (Lincoln Educational Services Corp)
