Common use of ARBITRABLE MATTERS Clause in Contracts

ARBITRABLE MATTERS. If any dispute or controversy arises between Executive and the Company as to their respective rights or obligations under this Agreement in connection with Executive’s Involuntary Termination of Employment that does not occur during the Protected Period, then either party may submit the dispute or controversy to arbitration under the then-current National Employment Dispute Resolution Rules of the American Arbitration Association (AAA) (the “Rules”); provided, however, the Company shall retain its rights to seek a restraining order or injunctive relief pursuant to Section 4. Any arbitration hereunder shall be conducted before a panel of three arbitrators unless the parties mutually agree to a single arbitrator. The site for any arbitration hereunder shall be either ▇▇▇▇▇▇ County or Fort Bend County, Texas, unless otherwise mutually agreed by the parties.

Appears in 2 contracts

Sources: Severance and Change of Control Agreement (Imperial Sugar Co /New/), Severance and Change of Control Agreement (Imperial Sugar Co /New/)