International Law Practice and Business Consultation
Chi-Hung A. Chan, Attorney at Law
License Contract
Manufacturing Agreement
Sample Contract Terms:
Arbitration
(a)
Any controversy between Employer and Employee involving the construction or application of any of the terms, provisions, or conditions of this Agreement shall on the written request of either party served on the other be submitted to arbitration. Arbitration shall comply with and be governed by the provisions of the California Arbitration Act.
(b)
Employer and Employee shall each appoint one person to hear and determine the dispute. If the two persons so appointed are unable to agree, then those persons shall select a third impartial arbitrator whose decision shall be final and conclusive upon both parties.
(c)
The cost of arbitration shall be borne by the losing party or in such proportions as the arbitrators decide.
