Common use of Claims Subject to Arbitration Clause in Contracts

Claims Subject to Arbitration. Company and Executive mutually consent to the resolution by arbitration in Hartford, Connecticut of all claims or controversies ("Claims"), whether or not arising out of Executive's employment (or its termination), that Company may have against Executive or that Executive may have against the Company or against its officers, directors, shareholders, employees or agents in their capacity as such. Any such arbitration shall be conducted in accordance with the employment dispute resolution rules and procedures of the American Arbitration Association. The claims covered by this Agreement include, but are not limited to, claims for wages or other compensation due; claims for breach of any contract or covenant (express or implied); tort claims; claims for discrimination (including, but not limited to, race, sex, religion, national origin, age, marital status, or medical condition, handicap or disability); claims for benefits (except where an employee benefit or pension plan specifies that its claims procedure shall culminate in an arbitration procedure different from this one), and claims for violation of any federal, state, or other governmental law, statute, regulation, or ordinance, except claims excluded in the following Subparagraph.