Common use of Arbitration of All Disputes Clause in Contracts

Arbitration of All Disputes. (a) Any controversy or claim arising out of or relating to this Agreement or the breach thereof (including the arbitrability of any controversy or claim), shall be settled by arbitration in the City of New York, State of New York, by three arbitrators, one of whom shall be appointed by the Company, one by the Executive and the third of whom shall be appointed by the first two arbitrators. If the first two arbitrators cannot agree on the appointment of a third arbitrator, then the third arbitrator shall be appointed by the American Arbitration Association. The arbitration shall be conducted in accordance with the rules of the American Arbitration Association, except with respect to the selection of arbitrators which shall be as provided in this Section. The cost of any arbitration proceeding hereunder shall be borne equally by the Company and the Executive. In the absence of fraud, the award of the arbitrators shall be binding upon the parties and judgment thereon may be entered in any court having jurisdiction thereof.

Arbitration of All Disputes. (a) Any controversy or claim arising out of or relating to this Agreement or the breach thereof (including the arbitrability of any controversy or claim), shall be settled by arbitration in the City County of New YorkNassau, State of New York, by three arbitrators, one of whom shall be appointed by the Company, one by the Executive and the third of whom shall be appointed by the first two arbitrators. If the first two arbitrators cannot agree on the appointment of a third arbitrator, then the third arbitrator shall be appointed by the American Arbitration Association. The arbitration shall be conducted in accordance with the rules of the American Arbitration Association, except with respect to the selection of arbitrators which shall be as provided in this Section. The cost of any arbitration proceeding hereunder shall be borne equally by the Company and the Executive. In the absence of fraud, the The award of the arbitrators shall be binding upon the parties and judgment thereon parties. Judgment upon the award rendered by the arbitrators may be entered in any court having jurisdiction thereof.

Arbitration of All Disputes. (a) Any controversy or claim arising out of or relating to this Agreement or the breach thereof (including the arbitrability of any controversy or claim), shall be settled by arbitration in the City of New York, State of New York, by three arbitrators, one of whom shall be appointed by the Company, one by the Executive and the third of whom shall be appointed by the first two arbitrators. If the first two arbitrators cannot agree on the appointment of a third arbitrator, then the third arbitrator shall be appointed by the American Arbitration Association. The arbitration shall be conducted in accordance with the rules of the American Arbitration Association, except with respect to the selection of arbitrators which shall be as provided in this Sectionsection. The cost of any arbitration proceeding hereunder shall be borne equally by the Company and the Executive. In the absence of fraud, the award of the arbitrators shall be binding upon the parties and judgment thereon may be entered in any court having jurisdiction thereof.