IMPARTIAL ARBITRATOR. If the Trustees cannot agree on an impartial arbitrator within thirty (30) calendar days from the day it was attempted to effectuate selection of such impartial arbitrator, an impartial arbitrator shall be selected from a list of arbitrators furnished by the Federal Mediation and Conciliation Service. Any Trustee may request the Federal Mediation and Conciliation Service to furnish such a list of arbitrators. If the Trustees are unable to agree on an impartial arbitrator from the list submitted by the Federal Mediation and Conciliation Service within two (2) weeks after receipt of such list, the Federal Mediation and Conciliation Service shall be authorized to designate an impartial arbitrator, in accordance with the rules and regulations of the Federal Mediation and Conciliation Service. In all instances, the Federal Mediation and Conciliation Service shall be advised of the nature of the dispute and shall be requested to furnish a list of arbitrators, or to designate an arbitrator qualified and competent by training and experience to decide the particular issue or issues involved. The hearing shall be conducted within a reasonable period of time from the date the arbitrator has been selected or designated. The arbitrator so chosen shall function as an ad hoc chairman of the Trustees for the resolution of the matter in dispute, and in casting his vote shall be bound by the provisions of this Trust Agreement and by all duties and obligations imposed by law upon Trustees.
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Sources: Restated Agreement and Declaration of Trust, Trust Agreement