Disputes Submitted to Arbitration. Wherever any dispute arises between Hexion and Momentive, or among members of the Steering Committee, which is not otherwise resolved by the vote of a majority of the members of the Steering Committee or between the parties, the same shall be submitted to resolution by arbitration to be conducted in New York, New York, in accordance with the American Arbitration Association Rules then in force and the terms and conditions set forth in Sections 12.06 through 12.09.
Appears in 2 contracts
Sources: Shared Services Agreement (Momentive Specialty Chemicals Inc.), Shared Services Agreement (Momentive Performance Materials Inc.)