Common use of Exception to Arbitration Clause in Contracts

Exception to Arbitration. Notwithstanding the above, if the Executive violates Section 8 or 9, the Company will have the fight to initiate the court proceedings described in Section 10(b), in lieu of an arbitration proceeding under this Section 12.

Appears in 2 contracts

Samples: Employment Agreement (Harbor Bancorp Inc), Employment Agreement (Harbor Bancorp Inc)

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Exception to Arbitration. Notwithstanding the above, if the Executive violates Section 8 7 or 98, the Company will have the fight right to initiate the court proceedings described in Section 10(b9(b), in lieu of an arbitration proceeding under this Section 1211.

Appears in 2 contracts

Samples: Employment Agreement (Harbor Bancorp Inc), Employment Agreement (Harbor Bancorp Inc)

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