Adr Clause

Adr Clause

  • Submitted By: DEJANI16
  • Date Submitted: 12/21/2008 4:24 PM
  • Category: Business
  • Words: 350
  • Page: 2
  • Views: 665


University of Phoenix

Business Law

September 29, 2006

In the event of any dispute, claim, question, or disagreement arising from or relating to this agreement or the breach thereof, the parties hereto shall use their best efforts to settle the dispute, claim, question, or disagreement. To this effect, they shall consult and negotiate with one another in good faith and, recognizing their mutual interests, attempt to reach a just and equitable solution satisfactory to both parties. If they do not reach such solution within a period of 3 days, then, upon written notice by either party to the other, all disputes, claims, questions, or differences shall be finally settled by arbitration administered by The University Phoenix in accordance with the provisions of its the Code of Student Responsibility and Standards of Student Behavior found in the University Catalog. The notice from the challenging party shall include written description of the issues that are subject to dispute and a proposed resolution thereof. All documents, materials, and information in the possession of each party that are in any way relevant to the claim(s) or dispute(s) shall be made available to the other party for review and copying no later than 2 days after the notice of arbitration is served. It is the intent of the Parties that, except for extraordinary circumstances, arbitration proceedings will be concluded within 5 days from the date the arbitrator is appointed. Said arbitration procedures shall occur on or within realm of the University of Phoenix’s campus. All parties agree that there shall be a sole arbitrator who is in fact the instructor of the corresponding course. The arbitrator's decision shall be final and legally binding.  In the event a party fails to continue with arbitration, unsuccessfully challenges the arbitrator's award, or fails to comply with the arbitrator's award, the other party is subject to...

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