Common use of Initial Umpire Clause in Contracts

Initial Umpire. All Arbitrable Matters shall be resolved by a single umpire sitting in New York (the “Umpire”). The parties hereby agree that the first Umpire shall be the ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇. Rosenblatt, subject to his consent and provision of an affidavit that certifies that the Umpire, the Umpire’s employer or any of his/her Affiliates, and the Umpire’s spouse, children, parents or siblings have not been employed or engaged by any party or his/her Affiliate within the proceeding ten years, that there are no grounds for disqualification under 28 U.S.C. §455, and that the Umpire knows of no other reason that he or she cannot be completely independent in resolving any dispute (the “Umpire’s Certificate”). The Umpire shall submit an updated Umpire’s Certificate annually upon the anniversary of the Umpire’s selection.