Common use of Powers of an Arbitrator Clause in Contracts

Powers of an Arbitrator. The decision of the Arbitrator shall be made within ten (IO) working days of the conclusion of the hearings, or such longer periods as may be allowed by mutual agreement of the parties. The decision of the Arbitrator shall be final and binding. The Arbitrator shall establish his own rules of procedure but shall give full opportunity to the parties to present evidence and make representations, and to afford the opposing party adequate opportunity to cross-examine witnesses. The expenses and compensation of the Arbitrator shall be borne by the parties, by dividing the cost equally.

Powers of an Arbitrator. (a) The decision of the Arbitrator shall be made within ten (IO10) working days of the conclusion of the hearings, or such longer periods as may be allowed by mutual agreement of the parties. The decision of the Arbitrator shall be final and binding. . (b) The Arbitrator shall establish his own rules of procedure but shall give full opportunity to the parties to present evidence and make representations, and to afford the opposing party adequate opportunity to cross-examine witnesses. The expenses and compensation of the Arbitrator shall be borne by the parties, by dividing the cost equally.