Common use of Mandatory Binding Arbitration Clause in Contracts

Mandatory Binding Arbitration. Any controversy between the parties to this Agreement regarding the construction, application, or performance of any duty under this Agreement and any claim arising out of or relating to this Agreement or its breach shall be submitted to mandatory binding arbitration. The cost of arbitration shall be governed by JAMS Commercial Arbitration Rules.

Appears in 4 contracts

Sources: Employment Agreement (Redwood Scientific Technologies, Inc.), Employment Agreement (Redwood Scientific Technologies, Inc.), Employment Agreement (Redwood Scientific Technologies, Inc.)