Common use of CHOICE OF OPTIONS Clause in Contracts

CHOICE OF OPTIONS. The document has been designed to cover a range of decisions which the Husband-to-Be and Wife-to-Be may make regarding the scope of matters to be submitted for determination to the Xxxx Din. These alternatives are set forth in Section II. The Tenaim Achronim will be valid whether or not any of the alternatives are chosen. If none of such alternatives are chosen, the Xxxx Xxx will decide matters relating to the get, as well as any issues arising from this Agreement or the ketubah or the tenaim. Parties who wish greater certainty as to possible future divisions of property (for example, persons with substantial assets at the time of marriage or persons interested in taking advantage of the particular decisions of a state where they will be married) should sign a standard prenuptial agreement with the advice of counsel and incorporate this arbitration agreement by reference.

CHOICE OF OPTIONS. The document has been designed to cover a range of decisions which the Husband-to-Be and Wife-to-Be may make regarding the scope of matters to be submitted for determination to the Xxxx Din. These alternatives are set forth in Section II. The Tenaim Achronim will be valid whether or not any of the alternatives are chosen. If none of such alternatives are chosen, the Xxxx Xxx Din will decide matters relating to the get, as well as any issues arising from this Agreement or the ketubah or the tenaim. Parties who wish greater certainty as to possible future divisions of property (for example, persons with substantial assets at the time of marriage or persons interested in taking advantage of the particular decisions of a state where they will be married) should sign a standard prenuptial agreement with the advice of counsel and incorporate this arbitration agreement by reference.