Common use of IN THE EVENT OF A DISPUTE Clause in Contracts

IN THE EVENT OF A DISPUTE. If there is a dispute between ▇▇▇▇▇ and your company arising from or related to this Agreement, Kyrio and your company will first try to resolve the dispute between each other within 30 days from the date of a written notice, such as, but not limited to, an email, was received by the non-disputing party. If we are unable to resolve the dispute between ourselves then either Kyrio or your company may submit the dispute for binding arbitration. If your company has an office in the United States then arbitration shall be administered by the American Arbitration Association in accordance with its Commercial Arbitration Rules and judgment on the award rendered by the arbitrators may be entered in any court having jurisdiction. If your company does not have an office in the United States, then arbitration shall be administered by the International Centre for Dispute Resolution in accordance with its International Arbitration Rules. Arbitration shall be in the city of New York and in English with three arbitrators applying the law of the state/country of the headquarters of the company not bringing the arbitration (the responding party).