Common use of Resolution of Disputes; Arbitration Clause in Contracts

Resolution of Disputes; Arbitration. Any dispute arising out of or relating to this Agreement or Employee’s employment with Employer or the termination or expiration thereof shall be resolved first by negotiation between the parties. If such negotiations leave the matter unresolved after 60 (sixty) days, then such dispute or claim shall be resolved by binding confidential arbitration, to be held in St. Louis, Missouri, in accordance with the rules of the American Arbitration Association. The arbitrator in any arbitration provided for herein shall be mutually selected by the parties or in the event the parties cannot mutually agree, then appointed by the American Arbitration Association. Judgment upon the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. The parties shall be responsible for their own costs and expenses under this Section 21.

Appears in 4 contracts

Samples: Executive Employment Agreement (Thermadyne Australia Pty Ltd.), Executive Employment Agreement (Thermadyne Australia Pty Ltd.), Executive Employment Agreement (Thermadyne Holdings Corp /De)

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Resolution of Disputes; Arbitration. Any dispute arising out of or relating to this Agreement or Employee’s employment with Employer or the termination or expiration thereof thereof, other than court action contemplated under Section 12, shall be resolved first by negotiation between the parties. If such negotiations leave the matter unresolved after 60 sixty (sixty60) days, then such dispute or claim shall be resolved by binding confidential arbitration, to be held in St. Louis, Missouri, in accordance with the rules of the American Arbitration Association. The arbitrator in any arbitration provided for herein shall be mutually selected by the parties or in the event the parties cannot mutually agree, then appointed by the American Arbitration Association. Judgment upon the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. The parties shall be responsible for their own costs and expenses under this Section 21.

Appears in 2 contracts

Samples: Executive Employment Agreement (Victor Technologies Group, Inc.), Executive Employment Agreement (Victor Technologies Group, Inc.)

Resolution of Disputes; Arbitration. Any dispute arising out of or relating to this Agreement or Employee’s employment with Employer or the termination thereof or expiration thereof shall be resolved first by negotiation between the parties. If such negotiations leave the matter unresolved after 60 (sixty) days, then such dispute or claim shall be resolved by binding confidential arbitration, to be held in St. Louis, Missouri, in accordance with the rules of the American Arbitration Association. The arbitrator in any arbitration provided for herein shall be mutually selected by the parties or in the event the parties cannot mutually agree, then appointed by the American Arbitration Association. Judgment upon the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. The parties shall be responsible for their own costs and expenses under this Section 21.

Appears in 1 contract

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De)

Resolution of Disputes; Arbitration. Any dispute arising out of or relating to this Agreement or Employee’s employment with Employer or the termination or expiration thereof thereof, other than court action contemplated under Section 12, shall be resolved first by negotiation between the parties. If such negotiations leave the matter unresolved after 60 (sixty) days, then such dispute or claim shall be resolved by binding confidential arbitration, to be held in St. Louis, Missouri, in accordance with the rules of the American Arbitration Association. The arbitrator in any arbitration provided for herein shall be mutually selected by the parties or in the event the parties cannot mutually agree, then appointed by the American Arbitration Association. Judgment upon the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. The parties shall be responsible for their own costs and expenses under this Section 21.

Appears in 1 contract

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De)

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Resolution of Disputes; Arbitration. Any dispute arising out of or relating to this Agreement or Employee’s employment with Employer or the termination or expiration thereof shall be resolved first by negotiation between the parties. If such negotiations leave the matter unresolved after 60 (sixty) days, then such dispute or claim shall be resolved by binding confidential arbitrationarbitration by a single arbitrator, to be held in St. Louis, Missouri, in accordance with the applicable rules of the American Arbitration Association. The arbitrator in any arbitration provided for herein shall will be mutually selected by the parties or in the event the parties cannot mutually agree, then appointed by the American Arbitration Association. Judgment upon the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. The parties shall be responsible for their own costs and expenses under this Section 21expenses, but Employer shall pay the arbitration fees unless otherwise decided by the arbitrator.

Appears in 1 contract

Samples: Employment Agreement (Thermadyne Holdings Corp /De)

Resolution of Disputes; Arbitration. Any dispute arising out of or relating to this Agreement or Employee’s 's employment with Employer Employers or the termination or expiration thereof shall be resolved first by negotiation between the parties. If such negotiations leave the matter unresolved after 60 (sixty) days, then such dispute or claim shall be resolved by binding confidential arbitration, to be held in St. Louis, Missouri, in accordance with the rules of the American Arbitration Association. The arbitrator in any arbitration provided for herein shall will be mutually selected by the parties or in the event the parties cannot mutually agree, then appointed by the American Arbitration Association. Judgment upon the award rendered by the arbitrator arbitrator(s) may be entered in any court having jurisdiction thereof. The parties shall be responsible for their own costs and expenses under this Section 21SECTION 19.

Appears in 1 contract

Samples: Executive Employment Agreement (C&g Systems Inc)

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