Common use of Costs and Fees of Arbitration Clause in Contracts

Costs and Fees of Arbitration. The Parties hereby agree that all of the fees, if any, and expenses of such arbitration, and Executive’s expenses, including attorneys’ fees, incurred in connection with the arbitration regardless of the final outcome, shall be borne by ArcSoft. The Parties further agree that the prevailing party may seek court judgment to enforce the arbitral decision against the other party and the other party shall bear the costs and fees incurred hereof.