Common use of Governing Law; Arbitration of Disputes Clause in Contracts

Governing Law; Arbitration of Disputes. This Agreement shall be governed by the laws of the State of Nevada, excluding its conflict of law rules. Any controversy or claim arising out of or relating to this Agreement shall be settled by binding arbitration, with a single neutral arbitrator, in accordance with the rules of the American Arbitration Association relating to employment. The proper venue for any such action is Washoe County, Nevada. In any action to enforce this Agreement, the Executive and the Company each agree to accept service of process by mail. In any action in which service is made pursuant to this paragraph, the Executive and the Company each waive any challenge to the personal jurisdiction of the American Arbitration Association. Any judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. In reaching a decision, the arbitrator shall have no authority to change or modify any provision of this Agreement.

Appears in 3 contracts

Samples: Executive Transition Agreement (International Game Technology), Executive Transition Agreement (International Game Technology), Executive Transition Agreement (International Game Technology)

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Governing Law; Arbitration of Disputes. This Agreement shall be governed by the laws of the State of Nevada, excluding its conflict of law rules. Any controversy or claim arising out of or relating to this Agreement shall be settled by binding arbitration, with a single neutral arbitrator, in accordance with the rules of the American Arbitration Association relating to employment. employment The proper venue for any such action is Washoe County, Nevada. In any action to enforce this Agreement, the Executive and the Company each agree to accept service of process by mail. In any action in which service is made pursuant to this paragraph, the Executive and the Company each waive any challenge to the personal jurisdiction of the American Arbitration Association. Any judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. In reaching a decision, the arbitrator shall have no authority to change or modify any provision of this Agreement.

Appears in 1 contract

Samples: Executive Transition Agreement (International Game Technology)

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