Common use of Opinion and Award Clause in Contracts

Opinion and Award. The arbitrator shall issue a written opinion and award within sixty (60) days of closing arguments or the receipt of post-hearing briefs, whichever is later. The arbitration award and opinion shall be signed and dated by the arbitrator and shall decide all issues submitted and set forth the legal principles supporting each aspect of the opinion and award. The arbitrator shall only be permitted to award those remedies in law or equity which are requested by the parties and which are supported by the credible, relevant evidence. The arbitrator shall have no authority to award punitive or exemplary damages under any circumstances or for any reason.

Appears in 11 contracts

Samples: General Release and Settlement Agreement (Larscom Inc), Employment Agreement (Synbiotics Corp), Employment Agreement (Synbiotics Corp)

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Opinion and Award. The arbitrator shall issue a written opinion and award. The arbitrator’s opinion and award must be signed and dated, and shall be issued within sixty ninety (6090) days of closing arguments or the receipt of post-post hearing briefs, whichever is later. The arbitration arbitrator’s opinion and award and opinion shall be signed and dated by the arbitrator and shall decide all issues submitted submitted. The arbitrator’s opinion and award shall set forth the legal principles supporting each aspect part of the opinion and awardopinion. The arbitrator shall only be permitted to award those remedies in law or equity which are requested by the parties and which are he determines to be supported by the credible, relevant evidence. The arbitrator shall have no authority to award punitive or exemplary damages under any circumstances or for any reason.

Appears in 9 contracts

Samples: Employment Agreement (Severn Bancorp Inc), Employment Agreement (Access National Corp), Employment Agreement (Access National Corp)

Opinion and Award. The arbitrator shall issue a written opinion and award. The arbitrator's opinion and award must be signed and dated, and shall be issued within sixty ninety (6090) days of closing arguments or the receipt of post-post hearing briefs, whichever is later. The arbitration arbitrator's opinion and award and opinion shall be signed and dated by the arbitrator and shall decide all issues submitted submitted. The arbitrator's opinion and award shall set forth the legal principles supporting each aspect part of the opinion and awardopinion. The arbitrator shall only be permitted to award those remedies in law or equity which are requested by the parties and which are he determines to be supported by the credible, relevant evidence. The arbitrator shall have no authority to award punitive or exemplary damages under any circumstances or for any reason.

Appears in 4 contracts

Samples: Employment Agreement (Access National Corp), Employment Agreement (Access National Corp), Employment Agreement (Access National Corp)

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Opinion and Award. The arbitrator shall issue a written opinion and award. The arbitrator’s opinion and award must be signed and dated, and shall be issued within sixty ninety (6090) days of closing arguments or the receipt of post-post hearing briefs, whichever is later. The arbitration arbitrator’s opinion and award and opinion shall be signed and dated by the arbitrator and shall decide all issues submitted submitted. The arbitrator’s opinion and award shall set forth the legal principles supporting each aspect part of the opinion and awardopinion. The arbitrator shall only be permitted to award those remedies in law or equity which are requested by the parties and which are she determines to be supported by the credible, relevant evidence. The arbitrator shall have no authority to award punitive or exemplary damages under any circumstances or for any reason.

Appears in 1 contract

Samples: Employment Agreement (Access National Corp)

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