Common use of GOVERNING LAW AND AGREEMENT TO ARBITRATE Clause in Contracts

GOVERNING LAW AND AGREEMENT TO ARBITRATE. This Agreement shall be governed by and construed in accordance with the law of the State of Texas, except to the extent such law would require reference to the laws of another jurisdiction. Venue shall be in Dallas, Dallas County, Texas. Any disagreement, controversy or dispute between the Company and Employee arising out of, or relating to, this Agreement or the breach thereof, or to Employee's employment with the Company or termination therefrom shall be resolved through arbitration in accordance with the rules of the American Arbitration Association, Dallas, Texas. Any arbitration award of the arbitrators appointed to hear the dispute, or of a majority of them, shall be final and binding, and a judgment upon the award rendered may be entered in any court, state or federal, having jurisdiction.