Common use of Selection of Arbitrator Clause in Contracts

Selection of Arbitrator. In the event the parties are unable to agree upon an arbitrator, the parties shall select a single arbitrator from a list of nine arbitrators drawn by the parties at random from the “Independent” (or “Gold Card”) list of retired judges or, at the option of the Grantee, from a list of nine persons (which shall be retired judges or corporate or litigation attorneys experienced in stock incentives and buy-sell agreements) provided by the office of the American Arbitration Association having jurisdiction over Las Vegas, Nevada. If the parties are unable to agree upon an arbitrator from the list so drawn, then the parties shall each strike names alternately from the list, with the first to strike being determined by lot. After each party has used four strikes, the remaining name on the list shall be the arbitrator. If such person is unable to serve for any reason, the parties shall repeat this process until an arbitrator is selected.

Appears in 12 contracts

Sources: Other Stock Unit Award Agreement (Pinnacle Entertainment, Inc.), Restricted Stock Award Agreement (Pinnacle Entertainment, Inc.), Other Stock Unit Award Agreement (Pinnacle Entertainment, Inc.)

Selection of Arbitrator. In the event the parties are unable to agree upon an arbitrator, the parties shall select a single arbitrator from a list of nine arbitrators drawn by the parties at random from the “Independent” (or “Gold Card”) list of retired judges or, at the option of the GranteeOptionee, from a list of nine persons (which shall be retired judges or corporate or litigation attorneys experienced in stock incentives options and buy-sell agreements) provided by the office of the American Arbitration Association having jurisdiction over Las Vegas, Nevada. If the parties are unable to agree upon an arbitrator from the list so drawn, then the parties shall each strike names alternately from the list, with the first to strike being determined by lot. After each party has used four strikes, the remaining name on the list shall be the arbitrator. If such person is unable to serve for any reason, the parties shall repeat this process until an arbitrator is selected.

Appears in 9 contracts

Sources: Stock Option Agreement (PNK Entertainment, Inc.), Stock Option Agreement (PNK Entertainment, Inc.), Stock Option Agreement (PNK Entertainment, Inc.)

Selection of Arbitrator. In the event the parties are unable to agree upon an arbitrator, the parties shall select a single arbitrator from a list of nine arbitrators drawn by the parties at random from the “Independent” (or “Gold Card”) list of retired judges or, at the option of the GranteeOptionee, from a list of nine persons (which shall be retired judges or corporate or litigation attorneys experienced in stock incentives options and buy-sell agreements) provided by the office of the American Arbitration Association having jurisdiction over Las Vegas, Nevada. If the parties are unable to agree upon an arbitrator from the list so drawn, then the parties shall each strike names alternately from the list, with the first to strike being determined by lot. After each party has used four strikes, the remaining name on the list shall be the arbitrator. If such person is unable to serve for any reason, the parties shall repeat this process until an arbitrator is selected.

Appears in 7 contracts

Sources: Nonqualified Stock Option Agreement (PNK Entertainment, Inc.), Nonqualified Stock Option Agreement (PNK Entertainment, Inc.), Stock Option Agreement (Wynn Resorts LTD)

Selection of Arbitrator. In the event the parties are unable to agree upon an arbitrator, the parties shall select a single arbitrator from a list of nine arbitrators drawn by the parties at random from the “Independent” (or “Gold Card”) list of retired judges or, at the option of the Grantee, from a list of nine persons (which shall be retired judges or corporate or litigation attorneys experienced in stock incentives options and buy-sell agreements) provided by the office of the American Arbitration Association having jurisdiction over Las Vegas, Nevada. If the parties are unable to agree upon an arbitrator from the list so drawn, then the parties shall each strike names alternately from the list, with the first to strike being determined by lot. After each party has used four strikes, the remaining name on the list shall be the arbitrator. If such person is unable to serve for any reason, the parties shall repeat this process until an arbitrator is selected.

Appears in 3 contracts

Sources: Performance Unit Grant Agreement (PNK Entertainment, Inc.), Restricted Stock Agreement (Wynn Resorts LTD), Restricted Stock Agreement (Wynn Resorts LTD)

Selection of Arbitrator. In the event the parties are unable to agree upon an arbitrator, the parties shall select a single arbitrator from a list of nine arbitrators drawn by the parties at random from the “Independent” (or “Gold Card”) list of retired judges or, at the option of the GranteeOptionee, from a list of nine persons (which shall be retired judges or corporate or litigation attorneys experienced in stock incentives options and buy-sell agreements) provided by the office of the American Arbitration Association having jurisdiction over Las VegasLos Angeles, NevadaCalifornia. If the parties are unable to agree upon an arbitrator from the list so drawn, then the parties shall each strike names alternately from the list, with the first to strike being determined by lot. After each party has used four strikes, the remaining name on the list shall be the arbitrator. If such person is unable to serve for any reason, the parties shall repeat this process until an arbitrator is selected.

Appears in 3 contracts

Sources: Stock Option Agreement (Advanced Engine Technologies Inc), Stock Option Agreement (Pinnacle Entertainment Inc), Stock Option Agreement (Pinnacle Entertainment Inc)

Selection of Arbitrator. In the event the parties are unable to agree upon an arbitrator, the parties shall select a single arbitrator from a list of nine arbitrators drawn by the parties at random from the "Independent" (or "Gold Card") list of retired judges or, at the option of the GranteeAwardee's option, from a list of nine persons (which shall be retired judges or corporate or litigation attorneys experienced in stock incentives options and buy-sell agreements) provided by the office of the American Arbitration Association having jurisdiction over Las VegasSan Diego, NevadaCalifornia. If the parties are unable to agree upon an arbitrator from the list so drawn, then the parties shall each strike names alternately from the list, with the first to strike being determined by lot. After each party has used four strikes, the remaining name on the list shall be the arbitrator. If such person is unable to serve for any reason, the parties shall repeat this process until an arbitrator is selected.

Appears in 2 contracts

Sources: Performance Stock Unit Agreement (Peregrine Systems Inc), Performance Stock Unit Agreement (Peregrine Systems Inc)

Selection of Arbitrator. In the event the parties are unable to agree upon an arbitrator, the parties shall select a single arbitrator from a list of nine arbitrators drawn by the parties at random from the "Independent" (or "Gold Card") list of retired judges or, at the option of the GranteeOptionee, from a list of nine persons (which shall be retired judges or corporate or litigation attorneys experienced in stock incentives options and buy-sell agreements) provided by the office of the American Arbitration Association having jurisdiction over Las Vegas, Nevada. If the parties are unable to agree upon an arbitrator from the list so drawn, then the parties shall each strike names alternately from the list, with the first to strike being determined by lot. After each party has used four strikes, the remaining name on the list shall be the arbitrator. If such person is unable to serve for any reason, the parties shall repeat this process until an arbitrator is selected.

Appears in 1 contract

Sources: Stock Option Agreement (Wynn Resorts LTD)

Selection of Arbitrator. In the event the parties are ----------------------- unable to agree upon an arbitrator, the parties shall select a single arbitrator from a list of nine arbitrators drawn by the parties at random from the "Independent" (or "Gold Card") list of retired judges or, at the option of the GranteeOptionee, from a list of nine persons (which shall be retired judges or corporate or litigation attorneys experienced in stock incentives options and buy-sell agreements) provided by the office of the American Arbitration Association having jurisdiction over Las VegasLos Angeles, NevadaCalifornia. If the parties are unable to agree upon an arbitrator from the list so drawn, then the parties shall each strike names alternately from the list, with the first to strike being determined by lot. After each party has used four strikes, the remaining name on the list shall be the arbitrator. If such person is unable to serve for any reason, the parties shall repeat this process until an arbitrator is selected.

Appears in 1 contract

Sources: Stock Option Agreement (Pinnacle Entertainment Inc)

Selection of Arbitrator. In the event the parties are unable to ----------------------- agree upon an arbitrator, the parties shall select a single arbitrator from a list of nine arbitrators drawn by the parties at random from the "Independent" (or "Gold Card") list of retired judges or, at the option of the GranteeOptionee, from a list of nine persons (which shall be retired judges or corporate or litigation attorneys experienced in stock incentives options and buy-sell agreements) provided by the office of the American Arbitration Association having jurisdiction over Las VegasLos Angeles, NevadaCalifornia. If the parties are unable to agree upon an arbitrator from the list so drawn, then the parties shall each strike names alternately from the list, with the first to strike being determined by lot. After each party has used four strikes, the remaining name on the list shall be the arbitrator. If such person is unable to serve for any reason, the parties shall repeat this process until an arbitrator is selected.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Pinnacle Entertainment Inc)

Selection of Arbitrator. In the event the parties are unable to agree upon an arbitrator, the parties shall select a single arbitrator from a list of nine arbitrators drawn by the parties at random from the "Independent" (or "Gold Card") list of retired judges or, at the option of the GranteeOptionee, from a list of nine persons (which shall be retired judges or corporate or litigation attorneys experienced in stock incentives options and buy-sell agreements) provided by the office of the American Arbitration Association having jurisdiction over Las VegasPhiladelphia, NevadaPennsylvania. If the parties are unable to agree upon an arbitrator from the list so drawn, then the parties shall each strike names alternately from the list, with the first to strike being determined by lot. After each party has used four strikes, the remaining name on the list shall be the arbitrator. If such person is unable to serve for any reason, the parties shall repeat this process until an arbitrator is selected.

Appears in 1 contract

Sources: Stock Option Agreement (Dollar Financial Corp)

Selection of Arbitrator. In the event the parties are unable ----------------------- to agree upon an arbitrator, the parties shall select a single arbitrator from a list of nine arbitrators drawn by the parties at random from the "Independent" (or "Gold Card") list of retired judges or, at the option of the GranteeOptionee, from a list of nine persons (which shall be retired judges or corporate or litigation attorneys experienced in stock incentives options and buy-sell agreements) provided by the office of the American Arbitration Association having jurisdiction over Las VegasLos Angeles, NevadaCalifornia. If the parties are unable to agree upon an arbitrator from the list so drawn, then the parties shall each strike names alternately from the list, with the first to strike being determined by lot. After each party has used four strikes, the remaining name on the list shall be the arbitrator. If such person is unable to serve for any reason, the parties shall repeat this process until an arbitrator is selected.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Pinnacle Entertainment Inc)