LITIGATION OR ARBITRATION. If a Dispute is not resolved pursuant to mediation within 60 days after the initiation of the mediation, either Executive or Employer may elect to settle the Dispute by initiating litigation on ten days’ advance written notice to the other party or by submitting the Dispute to binding arbitration in accordance with the Rules for Non-Administered Arbitration of the CPR Institute for Dispute Resolution.
Appears in 2 contracts
Sources: Equity Incentive Plan (Evolution Development Group, Inc.), Equity Incentive Plan (Evolution Development Group, Inc.)
LITIGATION OR ARBITRATION. If a Dispute is not resolved pursuant to mediation within 60 days after the initiation of the mediation, either Executive or Employer any party to the Dispute may elect to settle the Dispute by initiating litigation on ten days’ ' advance written notice to the every other party to the Dispute or by submitting the Dispute to binding arbitration in accordance with the Rules for Non-Administered Arbitration of the CPR Institute for Dispute Resolution.
Appears in 1 contract
Sources: Stock Purchase Agreement (Sailtech International Inc)
LITIGATION OR ARBITRATION. If a Dispute is not resolved pursuant to mediation within with in 60 days after the initiation of the mediation, either Executive or Employer any party to the Dispute may elect to settle the Dispute by initiating litigation on ten days’ ' advance written notice to the every other party to the Dispute or by submitting the Dispute to binding arbitration in accordance with the Rules for Non-Administered Arbitration of the CPR Institute for Dispute Resolution.
Appears in 1 contract
Sources: Stock Purchase Agreement (Sailtech International Inc)