Common use of Fee & Deposit Clause in Contracts

Fee & Deposit. As soon as practicable after selection of the arbitrator, the arbitrator or its designated representative shall determine a reasonable estimate of anticipated fees and costs setting forth that parry's pro rata share of said fees and costs. Thereafter, each party shall, within ten (10) days of receipt of said statement, deposit said sum with the arbitrator.

Appears in 2 contracts

Sources: Employment Agreement (Community West Bancshares /), Employment Agreement (Community West Bancshares /)

Fee & Deposit. As soon as practicable after selection of the arbitrator, the arbitrator or its designated representative shall determine a reasonable estimate of anticipated fees and costs setting forth that parryparty's pro rata share of said fees and costs. Thereafter, each party shall, within ten (10) days of receipt of said statement, deposit said sum with the arbitrator.

Appears in 1 contract

Sources: Employment Agreement (Community West Bancshares /)