Common use of Arbitration; Other Disputes Clause in Contracts

Arbitration; Other Disputes. In the event of any dispute or controversy arising under or in connection with this Agreement, the parties shall first promptly try in good faith to settle such dispute or controversy by mediation under the applicable rules of the American Arbitration Association before resorting to arbitration. In the event such dispute or controversy remains unresolved in whole or in part for a period of thirty (30) days after it arises, the parties will settle any remaining dispute or controversy exclusively by arbitration in Missouri in accordance with the rules of the American Arbitration Association then in effect. Judgment may be entered on the arbitrator’s award in any court having jurisdiction. Employer and Employee shall split all administrative fees and arbitration fees equally. Notwithstanding the above, Employer shall be entitled to seek a restraining order or injunction in any competent jurisdiction to prevent any continuation of any violation of any of Sections 7, 8 or 9 hereof. The substantially prevailing party may recover attorney’s fees in any dispute or controversy arising under or in connection with this Agreement.

Appears in 7 contracts

Samples: Employment and Non Competition Agreement (Interface Security Systems Holdings Inc), Employment and Non Competition Agreement (Interface Security Systems Holdings Inc), Employment and Non Competition Agreement (Interface Security Systems Holdings Inc)

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Arbitration; Other Disputes. In the event of any dispute or controversy arising under or in connection with this Agreement, the parties shall first promptly try in good faith to settle such dispute or controversy by mediation under the applicable rules of the American Arbitration Association before resorting to arbitration. In the event such dispute or controversy remains unresolved in whole or in part for a period of thirty (30) days after it arises, the parties will settle any remaining dispute or controversy exclusively by arbitration in Missouri in accordance with the rules of the American Arbitration Association then in effect. Judgment may be entered on the arbitrator’s award in any court having jurisdiction. Employer and Employee shall split all All administrative fees and arbitration fees equallyshall be split equally by Employer and Employee. Notwithstanding the above, Employer shall be entitled to seek a restraining order or injunction in any competent jurisdiction to prevent any continuation of any violation of any of Sections 7, 8 or 9 hereof. The substantially prevailing party may recover attorney’s fees in any dispute or controversy arising under or in connection with this Agreement.

Appears in 2 contracts

Samples: Employment and Non Competition Agreement (Interface Security Systems, L.L.C.), Employment and Non Competition Agreement (Interface Security Systems Holdings Inc)

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