Common use of Arbitration Decision Clause in Contracts

Arbitration Decision. The decision of the arbitrator shall be final and binding upon the parties. The power of the arbitrator shall be limited to the interpretation of the express terms of this Agreement. The arbitrator shall have no power to alter, modify, disregard, add to, or subtract from the terms of this Agreement as written nor will the arbitrator issue any decision which requires the commission of an act prohibited by law. The arbitrator shall not have authority to issue a back pay award for an amount in excess of an employee’s lost hourly wage rate for a period to exceed twenty (20) days prior to the date the grievance was filed less any unemployment compensation or compensation for personal services that the employee may have received from any source during the period in question.

Appears in 6 contracts

Samples: Agreement, Master Agreement, Master Agreement

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